Cashback, last day to participate in the “extra” Christmas day (up to 150 euros). Potential amortizations close to 200 million in total



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The “window” to participate in the extra closes the night of December 31 refund of money Christmas party on the 8th of this month. The mechanism allows you to obtain a refund from your checking account 10% of expenses incurred physical stores with cards or other digital payment instruments up to a maximum of 150 euros (each purchase contributes no more than 15 euros), as long as it total at least 10 transactions. As is known, it is essential to register by downloading the IO application – in which cards and ATMs they must register – or through other channels such as Satispay me nexl.

At 8 in the morning on December 30, according to data released by Chigi Palace, there were more than 5.7 million members and more than 9.6 million payment instruments were activated. More than 49.6 million transactions processed, already acquired by the system and visible to participants. The actual refund to be paid to citizens who have already acquired the right to Christmas Extra Cashback is equal to more 157 million euros and the potential expired to date by the participants (not all have reached the minimum of ten operations) exceeds 198.4 million euros. The money, according to the announcements, will arrive in checking accounts in February.

The “standard” cashback version is also in force next year and until June 2022, except for further extensions, but with a different regulation: the horizon considered will six months, during which it will be necessary to do at least 50 transactions. And the maximum refund of 150 euros will also be paid every six months. But there will also be a super cashback of 1,500 euros every six months for the first 100,000 consumers who will make the most payments with electronic instruments, even very small ones.

Instead, it is meant to be postponed until February. Receipt lottery which should have started on January 1: the Milleproroghe decree confirms the postponement with the aim of allowing a greater number of merchants to adjust the cash register so that customers can participate in the raffle that includes prizes of up to 5 million euros.

Meanwhile, the draft of the National recovery and resilience plan with the detail of individual projects, assign to digital technologies and payments 4.75 billion with the aim of “creating a cashless community, promoting the adoption of new payment technologies among commercial operators and citizens”. In particular, he states, “the investment includes initiatives aimed at reduce cash usage and promote the dissemination of digital payment tools (eg Cashback, receipt lottery, etc.), as well as a communication plan to promote the use of these tools and inform about the value of digital payments ”.



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