What is a Rewards Wallet
The Rewards Wallet is something OSPay gives back to our clients.
Users will receive 0.2% of any amount spent with the Rewards Wallet as a reward.
Users will receive 0.2% of any amount spent with the Rewards Wallet as a reward.
1-1 Topping up the Rewards Wallet
The Rewards Wallet can only be topped up by a 3rd party partner.
When you send OSPaytokens from a 3rdparty partner’s website back to your OSPay wallet, it will be first deposited to the Rewards Wallet.
The amount in your Rewards Wallet as well as all your moveable or frozen assets will constitute your total assets in your OSPay wallet.
When you send OSPaytokens from a 3rdparty partner’s website back to your OSPay wallet, it will be first deposited to the Rewards Wallet.
The amount in your Rewards Wallet as well as all your moveable or frozen assets will constitute your total assets in your OSPay wallet.
1-2 How to use the amount in the Rewards Wallet
When you make a payment in a partner’s website via scan-to-pay, the system will first pay with the amount in your Rewards Wallet.
If the amount in your Rewards Wallet is insufficient, the reminder will be deducted from your wallet’s moveable assets.
When you pay with your Rewards Wallet, the amount of cashback you will receive will be shown at the bottom once the transaction is complete.
The cashback will then be added to the movable assets in your wallet. You can refer to it again under History.
When you pay with your Rewards Wallet, the amount of cashback you will receive will be shown at the bottom once the transaction is complete.
The cashback will then be added to the movable assets in your wallet. You can refer to it again under History.
1-3 Converting Rewards Wallet to Moveable Assets
Since the funds in the Rewards Wallet can only be used as payment in a partner’s website, you will have convert it to moveable assets first before trading, selling, withdrawing, or exchanging it with other users.
Go to “Rewards Wallet” in the wallet homepage to transfer OSPtokens to a moveable sum.
Only payments made with the Rewards Wallet is eligible for 0.2% reward.
So all the OSPtokens that are transferred will no longer be eligible for this reward!
After setting the amount to be transferred, the system will show you the predicted amount of rewards to be lost, which is the 0.2% of the transferred sum. After the transfer is completed, it can no longer be canceled or recalled!
Only payments made with the Rewards Wallet is eligible for 0.2% reward.
So all the OSPtokens that are transferred will no longer be eligible for this reward!
After setting the amount to be transferred, the system will show you the predicted amount of rewards to be lost, which is the 0.2% of the transferred sum. After the transfer is completed, it can no longer be canceled or recalled!
