Topic: Cashback & Fiat is bullshit | Bitcoin is financial freedom ! (Read 821 times)

Yup obviously all cashback offers are to lure customer to their respective product.yet people get attracted to see 10-1000 rs cashback.first reseller double the mrp then give 50% off to completly scam the customer.

It's nice to see someone is trying to adapt Bitcoins for their services rather than just trade them. I think we need more and more of these. Will definitely try your service next time when am flying and post my experience.

Thanks for the appreciation 

Good to see that there are people who understand that the offers like cashbacks are a marketing technique. 

Yes we are trying our best to increase the adoption and usage of BTCitcoin in India.
it might take sometime but we will keep trying until we succeed

Undoubtedly cashback is simply marketing technique. Most of the time, one is restricted to use it in the way he wants and end up either expiring the date or using it for the same service. Bitcoin has clearly edge over these manipulative marketing techniques and company accepting bitcoin is automatically become technical superior to one not using it.
Flybit is essentially a good example of using bitcoin on ground. I am happy its Indian, hope to see India leading in bitcoin front by widely accepting it in various media.

Hi everyone myself suma from Bangalore India I want to learn btc trading.

https://ibb.co/gymNpv


Are you attracted to cashback offers? Getting cashback on purchase you would have done anyway is perk for responsible shoppers. But cashback money has to come from somewhere because companies do not shell out those out of kindness. Cashback isn't reward when you have to pay for inflated price and convenience fee. The cashback you are getting on certain product/service reflects as inflated price and convenience (hidden) fee. Voila, YOU are paying for your own cashback. And most of the time you are obliged to buy from them again because cashbacks cannot be transferred to bank account. This way you are locked in with retailer to buy again to spend cashback you received and get cashback again, vicious cycle goes on and you end up paying more than you originally would have.

Here, let me give  you an example- I want to book two tickets for route, Bangalore to Patna on 14th Aug.

Cheapest flight for the route costs-

flybit- ₹3546x2= 7092 What you actually pay = ₹7092
ixigo- ₹3048x2= 6096 What you actually pay = ₹7596

(This search was done on 26 July 2017)

What's going on here? ixigo is tricking you into thinking you are paying less by hiding convenience fee behind payment wall and offering cashback.

Referring to image the, search result page on flybit price for ticket for 2 is ₹7092. And on the finally you pay ₹7092.
And ixigo shows grayed and striked ₹3548 and ₹3048 (it is only the price of one ticket) in bold which looks like effective price because of the ₹500 cashback. When you click book, on the next page you'll see effective fare is ₹6596(₹3048x2) but you have to pay ₹7096(₹3548x2). But you are still getting ₹500 cashback which makes it cheaper than flybit, Right? Actually No. Have you yet noticed small grey text that says 'conv. fee ₹250'? This is charged per passenger and on the final payment page you are asked to pay ₹7596.
And this holds true for most of the flights we checked for different routes and days.

Would you pay ₹7596 for tickets which should cost 7096, only to receive ₹500 cashback?

'flybit' does not charge convenience fee or similar fees. What you see is what you pay. flybit does not offer cashback because our ticket are priced fairly in the first place. And in many of the cases you'll find the same even without added convenience by other websites that flybit tickets are cheaper.

Key points customers will notice about us-

# Lower prices
# Resolution focused and quick customer service
# No intrusive advertising
# No spam texts, calls or emails
# No signup necessary


And finally, bitcoin is about financial freedom. At bitserve/flybit we believe in freedom.

Why should you use bitcoin for payments-

# Free or minimal transaction fee
# Your payment information cannot be stolen
# Bitcoin protects your privacy
# You don't have to trust third party to handle money
# Unlike bank accounts Bitcoin cannot be frozen, you are in control of your own money.

Bitserve is working towards better financial future and flybit is only a small part of what is yet to come. Come join us. https://bitserve.org