Customer registers a Utility Biller and Telecom biller under the transaction type ‘Bill Pay’ on 1st August’16 & 5th August’16. Customer makes payment in August’16 and September’16 amounting to INR 10,000 & INR 12,000 towards the Utility biller and makes payment in August’16, September’16 and October’16 amounting to INR 5,000, INR 10,000 & INR 8,000 towards the Telecom biller for the quarter ending 31st October’16. Since the first payment was made in August’16, we will check the minimum transaction count for the quarter ending 31st October’16. The count of transaction will be considered as 5 for the quarter ending 31st October’16. Since, the customer meets the required minimum count of 2 transactions for the quarter ending 31st October’16, 1% cashback will be offered on INR 12,000 as this transaction has the highest transaction value amongst both the billers. Customer will be eligible for Payout in November’16. This customer’s transaction count will next be checked for minimum transaction count in the quarter starting from 1st November’16 to 31st January’17.