Want to earn Ca$hback?
Simply by paying off your credit card bill
It has been a while, and I am excited to come back with some fantastic findings. In the following weeks, I will be unrolling all the information and conclusions I have come across these several weeks or months. I am very excited to give back; I love to express knowledge and decisions. I think you will find this particular finding enjoyable and rewarding.
I recommend reading the link below before further diving into this page. However, I will highlight the specific contents of the article. Give this great kid a follow Jack Mallers, a kid in his mid-twenties who founded the company Strike.
“We have to first understand who foots the bill for processing payments in today’s world. Today, when you swipe your credit card, merchants pay, and it’s not cheap either. Popular credit card companies such as Mastercard, charge anywhere from 1.29% +$0.05 to 2.64% +$0.10 per transaction.”
“Stripe charges 2.9% +$0.30 per transaction and in industries like cannabis, payment processors charge upwards of 10% at times. Not cheap.”
“Nearly $4 trillion spent using credit cards alone in 2018.”
“Strike’s processing fees are as follows: 0.00% +$0.00. As in zero dollars, zero cents, zero percent. Oh, and it’s catered towards contactless, non-cash payments.”
“… if our customer used Strike, we were processing their payment for free. We were saving 5%-10% as a business when customers used Strike…”
If you have enjoyed this, download the app and share it so others can enjoy the cashback rewards. We have not even gotten to the fun part.
To begin the process of cashback rewards. Download the Strike app and use my referral link to earn $10 when you make a deposit. Then begin to link your bank account.
We are halfway there!
The next process would be to download the Bitrefill app and use my referral link to earn $5 after spending $50. You would then need to go through the process of proof of residence in the USA in order for the website to follow US regulations. You can be verified in less than a day.
On the Bitrefill App you can only pay limited credit card bills: American Express, Chase, (Featured) Bank of America, (Featured) Citibank, Wells Fargo, Capital One, USAA, Venmo, Discover, Amazon, and PNC.
I would give it a test run at first with $5 to see it go through. It will take 2-3 days for the payment to be processed by the bank of the credit card used. But with Bitcoin, is an instant cashback transaction.
I will display a video of my own interaction with both apps and the cashback reward. But first will go over some technicals.
When paying for credit card bills through Bitrefill, when checking out you will be paying through Bitcoin Lightning. It will generate a QR Code or you can copy the QR code.
BITCOIN LIGHTNING uses the Bitcoin Network in order to do micropayments. It converts dollars from your strike app into Bitcoin sent to Bitrefill but before it reaches Bitrefill it is instantly converted into dollars. That is the Lightning Network of Bitcoin. Awesome right? Instant and final settlement through Bitcoin. No longer waiting 5-7 days from banks. Now back to the rewards…
You go to the top right on the strike app in order to scan the QR code or paste the QR code. Hit Confirm. You got instant cashback rewards. Also, keep in mind that there will be a routing fee which is either a few cents or dollars in order to route the payment to Bitrefill. You, the user take on the cost so that Bitrefill receives the full payment.
Here is the demo. ENJOY the 5% cashback through Bitrefill!
If you have any questions. Do not be afraid to reach out to me. I will gladly help you get cashback rewards ;)