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CASHBACK service

REQUIRED DOCUMENTS

XacBank’s merchant:

  • •Contact XacBank at service inquiry number 1800-1888 for the service registration.

New merchant:

  • POS request form /provided by bank/;
  • Copy of identification document;
  • Copy of State registration certificate.
CASHBACK service

It is the opportunity to build additional income source through providing CASHBACK services for XacBank card holders..

Consumption

  • No commissions for cash transaction;
  • 100 MNT reward for every cash transaction;
  • Increase sales;
  • Lessen potential risks by reducing the available cash on balance

conditions

conditions
fee
Total cash allowance to customer*
5,000-50,000 MNT
Transaction reward
100 MNT

*Note: Cash service is only available to XacBank’s card holders. 

required documents

XacBank’s merchant:

  • Contact XacBank at service inquiry number 1800-1888 for the service registration.

New merchant:

  • POS request form /provided by bank/;
  • Copy of identification document;
  • Copy of State registration certificate.