How do rebates work?
How do rebates work? What is a rebate? Rebates are a retrospective payment which ultimately reduces the overall cost of a product/service at a later date. This makes rebates different to discounts, as you pay the bill for the full amount then, at some point later in time, part of the amount may get returned to you. What are rebates to customers? A customer rebate, as used in the ARTS ODM is a subtype of Reward that pays back a portion of the total price a customer pays for purchasing merchandise and/or services from the retailer. There are a number...