Kontantåterlämning

Kontantåterlämning is a Swedish term that translates to "cash refund" or "cashback" in English. It refers to a service where customers can receive a portion of their purchase amount back in cash when buying goods or services. This practice is commonly encountered in retail settings, particularly in supermarkets and convenience stores.

The mechanism of kontantåterlämning typically involves the customer making a purchase and then requesting the cashback at the checkout. The amount they receive back in cash is deducted from their total bill, and they usually pay the remaining amount. For example, if a customer buys items totaling 100 SEK and requests 50 SEK in kontantåterlämning, they will pay a total of 50 SEK, receiving 50 SEK in cash.

This service offers a convenient way for people to access cash without needing to visit an ATM. It is particularly useful for those who need smaller denominations of cash for everyday transactions or who are already at a store making a purchase. For businesses, offering kontantåterlämning can be a way to attract customers and increase sales, as it adds an extra layer of convenience to their shopping experience. However, it also involves handling cash, which carries its own set of logistical and security considerations for the retailer. The availability and terms of kontantåterlämning can vary between different stores and countries.