What is cashback?
Cashback can be translated into French as “cash rebate”. In the case of Joybiiz, this cashback is automatic. It can either be granted by the employer from a budget allocated for meal or gift vouchers, or by Edonys partner merchants for online or in-store discounts.
Joybiiz cashback, a simple technology that makes your day-to-day life more efficient
The principle is simple. All the user who benefits from Joybiiz (employee – private individual) has to do is synchronise their bank account securely with Joybiiz. And each time the user makes an expenditure giving entitlement to a refund, the user will automatically receive the cashback in their bank account (or in their digital wallet if it’s “loyalty cashback”).
PSD II's role in the Joybiiz service
Thanks to the PSD II European Directive, users can securely synchronise their bank accounts with Joybiiz. The banks then send the transaction information securely.
All you have to do is pay according to your usual methods (bank card, Apple Pay, Paypal, etc.) and Joybiiz will automatically detect the eligible transaction and reimburse it in the form of cashback or give it the reward assigned to it.
The Joybiiz cashback, is it secured?
In addition to its confirmity with PSD II European Directive and other laws, Edonys, like myTax, applies the highest standards and regulations in terms of IT security and data protection. Edonys is also subject to supervision by the Commission de Surveillance du Secteur Financier (CSSF).
What difference does cashback make to my daily life?
Absolutely nothing and everything at the same time! “Nothing” because once your bank accounts have been synchronised, you have nothing to do as a user to benefit from Joybiiz cashback and rewards. “Everything” because Joybiiz greatly increases your purchasing power and guides you towards more efficient day-to-day consumption.