Payments
1shop Wallet: rewards, refunds, and 30-minute paybacks
How wallet became the cheapest, fastest refund rail in BD ecommerce.
By Payments · 14 August 2022 · 5 min read
Card and bank refunds in Bangladesh take 3–7 business days. bKash refunds, when supported, take 24–48 hours. Wallet refunds settle in under 30 minutes.
Customers who opt for wallet refunds repurchase at 2.4× the rate of customers who take bank refunds within 30 days. The retention math made wallet a no-brainer.
See Wallet for current top-up bonuses and the cashback rewards schedule.