What is cash in SAP CEC-MKT-LOY - SAP Loyalty Marketing?

SAP Term: cash

• Component: CEC-MKT-LOY

• Component Name: SAP Loyalty Marketing

• Description: The monetary value of loyalty points.

Smart SAP Assistant

• Key Concepts:
  Cash is a form of payment that is used to purchase goods and services. It is the most common form of payment in the world and is accepted by most businesses. In SAP Loyalty Marketing, cash can be used to purchase loyalty points, which can then be used to redeem rewards or discounts. 
  
  How to use it:
  In SAP Loyalty Marketing, cash can be used to purchase loyalty points. To do this, customers must first register for a loyalty program and then select the “cash” option when making a purchase. The customer will then be prompted to enter the amount of cash they wish to use for the purchase. Once the transaction is complete, the customer will receive loyalty points that can be used to redeem rewards or discounts. 
  
  Tips & Tricks:
  When using cash to purchase loyalty points, it is important to remember that the amount of loyalty points received will depend on the amount of cash used. Therefore, it is important to consider how much loyalty points are needed before making a purchase. Additionally, customers should always check their loyalty program’s terms and conditions before making a purchase as some programs may have restrictions on how many loyalty points can be purchased with cash. 
  
  Related Information:
  In addition to using cash to purchase loyalty points, customers can also use other forms of payment such as credit cards or debit cards. Additionally, customers may also be able to earn loyalty points through activities such as referring friends or participating in surveys. For more information about earning and redeeming loyalty points, please refer to the SAP Loyalty Marketing documentation.