Aishback is India's first platform that automatically rewards users for shopping with any bank credit card, debit card, or UPI, utilizing transaction data to calculate and distribute cash-back rewards. This service addresses the lack of seamless reward systems in the Indian retail landscape, enabling consumers to earn benefits effortlessly with their existing payment methods.
Funding
$700K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Existing cashback and rewards programs in India often lack seamless integration with users' everyday spending habits across various payment methods. Consumers are required to actively track and redeem rewards, leading to missed opportunities and a fragmented experience.
Solution
Aishback provides an automated cashback platform that rewards users for shopping with any bank credit card, debit card, or UPI. By leveraging transaction data, Aishback automatically calculates and distributes cashback rewards, eliminating the need for manual tracking or redemption processes. The platform integrates directly with existing payment methods, ensuring a seamless and effortless experience for consumers. Aishback aims to simplify the reward earning process, making it accessible and beneficial for all users, regardless of their preferred payment method.
Target Audience
The primary target audience includes Indian consumers who actively use credit cards, debit cards, and UPI for daily transactions and are looking for a hassle-free way to earn cashback rewards.
Features
- Automated cashback calculation based on transaction data from linked bank accounts, credit cards, debit cards, and UPI.
- Seamless integration with existing payment methods, requiring no changes to user spending habits.
- Real-time tracking of earned cashback within the Aishback platform.
- Automatic distribution of cashback rewards to user-specified accounts.
- Personalized reward offers based on individual spending patterns.
- Secure data encryption and privacy protocols to protect user financial information.