GetPoundsBack.co.uk launches unique PAYG cashback service
Getpoundsback launch a new cashback service that allows customers to cash in their unused PAYG Mbile Phone credits. Many people that use Smartphones on PAYG have to top up each month to receive their free web/text package. If the user makes few phones calls then this means their credit builds up over time. Getpoundsback's service offers a method of redeeming thier unused credit.
- (1888PressRelease) May 16, 2011 - GetPoundsBack.co.uk launches unique PAYG cashback service
Leading cashback website GetPoundsBack (www.getpoundsback.co.uk) is pleased to announce a new and unique service designed to enable consumers to redeem unused funds built up in their PAYG mobile phone accounts.
Significant numbers of consumers using PAYG (pay-as-you-go) mobile phone price plans for their smart phones offered by any of the UK's licensed mobile phone operators tend to use a TopUp plan. These are usually bundled with a number of free texts and a specified amount of web access. The price plans usually stipulate that unless customers TopUp their accounts monthly by a fixed amount (e.g. £10) then they will typically have to pay 25p per text and £1 per day for web access.
There are many consumers who do not use up their monthly call charge allowance but still TopUp their phones in order to continue receiving the bundled free texts and web access. Over time, unused call and text credits build up, which are difficult if not impossible to redeem.
GetPoundsBack has launched a service that enables consumers who have built up unused credits to turn some of their PAYG credits into cash. It can be used to take payment on any brand mobile handset, whether it's an Apple, Android, Nokia or any other cellular phone. The cash is usually available to the customer within 45 days after the transaction has taken place.
GetPoundsBack director Neil Skermer said "For consumers on PAYG price plans, the only way to spend their balance is by making phone calls. Many of them don't and have built up credit balances of tens or even hundreds of pounds. There are also many customers who upgrade their mobile phone leaving unused credit on previous models. There are virtually no methods for consumers to convert these funds into cash. The key advantage of our service is that customers will get back around £6 in cash for every £10 of mobile credit redeemed, with GetPoundsBack receiving a commission of only 6% for providing the service. The rest goes to the phone operators and other service providers. For many customers, it will be preferable to have the money in their own pocket rather than it languishing in someone else's account.
In summary, GetPoundsBack is offering a unique service, which enables customers to simply convert their surplus or unused phone credit back into cash."
ENDS
Notes to Editors
About GetPoundsBack: Established up in 2007, getpoundsback.co.uk is a wholly owned subsidiary of Squirrel Media Ltd and is one of the UK's leading cashback web sites. Referral commissions received from retailers are passed to its members in its entirety. GetPoundsBack aim is to build a significant membership base gained through trust and value for money services and in particular, superior levels of customer services. The company has experienced average annual membership growth levels exceeding 100% since its launch.
How cashback works: Just as a supermarket allows its customers to earn loyalty points on their shopping, getpoundsback enables members to earn free cash on all of their internet shopping, but with virtually most major (and not so major) brands. The whole process of earning cashback is very, very simple. In order to join GetPoundsBack, consumers simply register with an email address and a password; it only takes seconds and is completely free. Having done so, they simply click through to any of our listed retailers and proceed to shop online exactly as normal. All of the commission received by getpoundsback from member's purchases, once received by us, are passed on to the member.
How PAYG cashback works: After the customer has decided how much of their PAYG credit they wish to redeem, there are just three simple steps to follow:
1) Click to 'Pay by Mobile' on the relevant GetPoundsBack web page to be directed to the first payment screen. Here, the customer enters his or her mobile number. After clicking on 'send my code', a pin code is sent to their mobile.
2) The next screen asks the user to input the pin code that has been sent to their mobile. This is for security purposes, to verify they are the owner of the mobile phone.
3) When the user enters their pin code, their payment will be confirmed
Their cashback will be available for payment as early as the 15th of the month following the transaction.
Contact: Neil Skermer, press ( @ ) getpoundsback dot co dot uk, 0843 155 0055
Website: www.getpoundsback.co.uk
Logo: is available for print or online purposes on request
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