From attires to wall posters and online ticketing to recharge, one has access to a wide range of products. You choose a store, grab the contemporary discounts and deals from the retailer and on top of this you “get extra bux” (Real Cashback) from them on every successful purchase made.

The men behind the scene are Murali Kr who worked as a Financial Analyst for Northern Trust before he found Getextrabux and Mohammed Wasim, who holds the experience of running a Software firm. Both hold a master’s degree from Australia.

After their post graduation they had the opportunity to stay and work in Australia but headed back home as they wished to create better employment opportunities for their own people and also do something that would benefit the masses.

The cashback on shopping concept is new to the Indian crowd however in USA they have more than 25 websites which will give cashback to the customers. This motivated them to start working on such a concept. Hence they designed and developed getextrabux for the Indian market. Their main motive is that people can save better while they shop.

Cashback is generally a percentage of the total cost you pay for buying a product. For instance, you choose a store Myntra.com through getextrabux.com. You purchase a pair of sneakers at Rs.500. The MRP of the sneakers might be Rs 1,000 but you have used a coupon code or discount voucher of 50% and at checkout your final price is Rs 500.  Once this is paid and the order is processed successfully, Myntra.com will pay them an affiliate commission of 12 % i.e. Rs 60. (This commission varies from store to store and product category as well). This process will take between 30 to 60 Days. Out of this 60 rupees commission received ,getextrabux will pay back 50 rupees back to you as cashback.

The customers also have the option of donating their cashback earnings to charity. To garner money-saver discounts and guaranteed cashback, you can create an account with Getextrabux by submitting email id and password.

Their biggest competitor as of now is Cashkaro.com. During their initial days, they had a soft launch only for family & friends and had got few minor feedbacks. However, after working on those bugs they went live. It’s been two months since their launch and they have grabbed 500 signups!

Watch out in the future for their next feature which is a price comparison engine where people can search for a particular product and get the lowest price available in the market from over 150 stores.

No more worrying when your wife or sister is busy clicking on the buy button of every second thing she comes across. Shop till your credit card limit allows and still end up with some balance. Try saving on some cash and let us know how it felt.

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