Back

JupiterExchange Suspends QR Payment Rewards in Philippines, Singapore, and Vietnam

The company said cashback and referral rewards were temporarily halted after irregular activity was detected in three Southeast Asian markets.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Referral rewards: Incentive payments given to users for bringing in new customers or transactions to a platform.
  • Cashback: A rebate mechanism that returns part of a payment amount to the user after a transaction.
  • QR payments: Payments made by scanning a quick response code, typically through a mobile app or digital wallet.