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Mind Matrix Technologies

Our product

Cashback Reward System

Scan a label, get paid. A QR-to-UPI rewards platform for brands that pay the people who use their products.

Scanning a QR code never charges the user. The gateway is used only on the way out.

The flow

Nine steps from a scanned label to money in a bank account.

  1. 01

    Scan

    The QR sits under a scratch or peel label on the product. The user scans it with the phone camera. There is no app to install.

    9:41vCash

    Peel the label and scan with the phone camera.
    No app to install.

  2. 02

    Verify

    The reward page opens. The user enters a mobile number, receives an OTP, and confirms.

    9:41vCash

    Verify your number

    +91 98••• •••21
    4810··

    Enter the OTP sent to this number.

  3. 03

    Credit

    The reward lands instantly as vCash in the brand wallet. It is funded from that brand's balance, so a code only pays if the brand is funded.

    9:41vCash
    Credited

    ₹1,250

    Added to your vCash balance.
    Funded by the brand.

  4. 04

    Wallet

    Balance, past scans and past withdrawals sit in one place.

    9:41vCash

    vCash balance

    ₹4,380

    Recent

    Scan · 24 Aug+₹1,250
    Withdrawal · 21 Aug−₹2,000
    Scan · 18 Aug+₹900
  5. 05

    Withdraw

    The user taps Withdraw and enters a UPI ID.

    9:41vCash

    Withdraw

    Amount

    ₹2,000

    UPI ID

    rakesh@okaxis
  6. 06

    Name check

    The gateway returns the bank-registered name. The user must confirm that name before any money moves.

    9:41vCash
    Confirm name

    The bank has this UPI ID registered to:

    RAKESH M PATEL

    Yes, that is meNo

    No money moves until you confirm.

  7. 07

    Hold

    vCash is held and the request goes to the gateway. The status reads Processing.

    9:41vCash
    Processing

    ₹2,000

    Held and sent to the gateway.
    You will see the result here.

  8. 08

    Result

    The gateway reports Success, Failed or Reversed. Failed and reversed amounts return to the wallet automatically.

    9:41vCash

    Withdrawals

    ₹2,000Success
    ₹1,500Failed

    Payout failed. The amount is back in your wallet.

  9. 09

    Limits

    Each brand sets a minimum withdrawal amount and a monthly withdrawal cap.

    9:41vCash

    Withdrawal limits

    Minimum withdrawal₹500
    Monthly cap₹25,000
    Used this month₹2,000

    Set by the brand. Each brand can set its own.

Two sides

What each side actually gets.

For brands

  • Fund a wallet and set the reward paid per code.
  • Set a minimum withdrawal amount and a monthly cap.
  • Watch scans as they happen.
  • Only pay when a code is actually scanned.

For users

  • No app to install.
  • Log in with a mobile number and an OTP.
  • vCash is credited instantly.
  • Withdraw to any UPI ID.
  • Failed payouts return to the wallet automatically.

Money safety

Where Cashfree sits in the flow.

Three touch points, all live. Nothing here is planned or coming soon.

Where the Cashfree payment gateway is used in the withdrawal flow
WhereWhat it doesStatus
Before withdrawalValidates the UPI ID and returns the bank-registered name.Live
On withdrawSends the payout to the user's UPI ID.Live
After payoutA webhook returns success, failed or reversed, and the wallet reconciles.Live

The name check

Before any money moves, the gateway returns the name the bank has registered against that UPI ID. The user has to confirm it. If the name is wrong, nothing is sent and the balance is untouched.

Status legend

Six words. The same six the product uses.

An amount is always in exactly one of these states, and the wording never changes between the app and a support conversation.

  • Scanned

    The code has been read and matched to a brand.

  • Credited

    The reward is sitting in the wallet as vCash.

  • Processing

    The amount is held and the payout is with the gateway.

  • Success

    The money has reached the UPI ID.

  • Failed

    The payout did not go through. The amount is back in the wallet.

  • Reversed

    The bank sent the money back. The amount is back in the wallet.

Questions

The eight we get asked most.

No. Scanning a QR code never charges the user. The Cashfree gateway is used only on the way out, when a payout is sent.

Book a demo

Run it on your own labels.

Tell us the category and roughly how many codes a month. We will walk you through a funded wallet, a live scan and a real payout.

With country code, for example +91 98765 43210

A few lines is plenty.