1. What does Yaper do?

Yaper enables Credit and Debit Card holders in India to earn money via their cards by helping others avail discounts available on their cards.

For example, Rahul wants to buy a phone which is available at a 10% discount online when purchased through Credit cards but Rahul doesn't have any credit card. He reaches out to Yaper and we help him get that discount by asking our users (You) to place the order on his behalf. This way he gets the discount even without having the right card and you earn reward points on your card plus get some extra cash bonus from us.

2. How does it actually work?

There are 3 very simple steps:

1. You own a card that can help someone else get a good deal on a purchase online. You place the order on buyer's behalf at their address.
2. You get the money spent by you along with a cash reward (from yaper) added to your wallet immediately after you confirm the delivery of the order.
3. We confirm with the buyer about the delivery of the order and within three working days the amount is transferred to your bank account saved with us.

3. When do I get the money?

You get the money added to your wallet immediately after successfully placing the order. The money is transferred to your bank account saved with us within 3 working days from when the order is delivered to the recipient.

4. How can I be certain that I'll get my money?

Each transaction on Yaper is secured by a nodal account. What that means is that people who want to avail discounts make prepayment to us which goes into this nodal account and can be released from there only in two ways:

- Released to the cardholder who makes the payment and orders the product after the product has been delivered

- Released to the discount seeker in case the order is not placed or cancelled for some reason

5. I don't have any card but I want to avail discounts. How do I do that?

You can navigate to the yaper shop section and serch for required product from the required ecommerace platform. You can reach out to support for any issues

6. Will TDS be deducted on the transaction value or only cash reward ?

The TDS is deducted on only the cash reward you get as cash reward is your income. As per the Income Tax Act, 5% TDS is deducted on the cash reward that you're entitled to get for each transaction. The tax so deducted is deposited with the Income Tax Department as per the PAN details provided by you. A few weeks before the last date of filing ITR, you'll also get TDS certificates to help you file your ITR.