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How is the mechanism of the UR Merchant awarding system works?

April 26, 2017awarding mechanism merchant system UR

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How is the mechanism of the UR Merchant awarding system works?

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Merchant will award UR-point to UR members basing on a agreed rebate rate by buying UR-point from UR. Example: ABC merchant giving 10% rebate rate. Terminal will be programmed and when UR member purchase RM100 worth of products at ABC, RM10 (1000 UR-point) will be deducted from ABC’s merchant account and these UR-point will be awarded to UR members account.