monies are your new currency on slice. for every ₹1 you spend, you get 1 monies.
you can convert these monies into real cash anytime you want 🤗.
the conversion rate is:
monies accumulated conversion rate to cash
0 to 299,999 monies : 1% Cashback
3,00,000-4,99,999 monies : 1.5% Cashback
5,00,000 monies + : 2% Cashback
so, for example - if you’ve accumulated 6,00,000 monies and decide to convert all of it to cash, you’ll receive a cashback of ₹12,000 at 2% conversion rate.
similarly if you have 4,00,000 monies and you convert all of it to cash, you’ll receive a cashback of ₹6,000 at a 1.5% conversion rate.