eBillme Introduces Cash Back Rewards
eBillme has announced it will give consumers 1% cash back for every purchase made using its cash checkout option. According to the company, "in order to qualify, online shoppers select eBillme for checkout at one of over 800 online merchant sites offering the credit card alternative payment option. Consumers can then sign-up for eBillme's cash back rewards and immediately start earning 1% cash back for every order. Once $10 in rewards has been earned, the cash can be redeemed on eBillme merchant sites, or shoppers may choose to continue earning before redeeming."
"This is truly a landmark offering for online cash payments," says Marwan Forzley, President and CEO of eBillme. "More consumers are shifting away from credit and making better financial decisions. We want to reward shoppers who pay with cash by offering the perks of shopping online with a credit card but without the interest fees and debt. Not only does eBillme offer a higher level of protection and more safeguards than a credit card with our buyer protection program, but now, every eBillme purchase will earn consumers cash rewards. There could not be a better time for consumers to try secure cash checkout with eBillme."
eBillme is the most secure way to pay online. When shoppers choose the option at checkout, their order is confirmed with an eBill sent to their e-mail address. Consumers simply pay the eBill through their online checking or savings account - the same way they pay utilities, loans, insurance, and other bills. The transaction occurs securely, bank to bank, with no personal or financial information required or transmitted over the Internet. And with buyer protection features including a satisfaction guarantee, best price guarantee, in-transit protection, and fraud protection, consumers can shop with confidence knowing their eBillme transaction is guaranteed and protected.
Cash back rewards for spending cash. Nice!
Posted by: Joy | July 09, 2009 at 11:46 AM
How will eBillMe make money? They usually charge merchants 1% and they are passing that on to the consumer.
How does the economics work?
Posted by: Bala Janakiraman | July 10, 2009 at 06:49 AM
yes, ditto bala's question. Does eBillme share the rev with the merchants where eBillme cashback can be redeemed? assuming that consumer will buy more from that retail outlet when they redeem the cashback?
Posted by: Nina Aziz | July 14, 2009 at 06:54 AM
eBillme has other revenue streems so it puts back the 1% to the consumer to redeem at any one of the merchant websites at www.shopdebtfree.com. A one-stop-shop for consumers to read reviews and deal of the day
Posted by: eBillme | October 16, 2009 at 12:51 PM