Terms of Service

Last updated: 8/25/2026

Welcome to Bannga. These Terms of Service ("Terms") govern your access to and use of our Bitcoin cashback platform (the "Service"). By using the Service, you agree to comply with these Terms. Please read them carefully.

1. Eligibility

To use the Service, you must:

  • Be at least 18 years old.
  • Create an account with accurate and complete information.
  • Comply with all applicable laws and regulations in your jurisdiction.

2. Account Responsibilities

2.1 Account Creation

You are responsible for maintaining the confidentiality of your account credentials and ensuring that all information provided is accurate.

2.2 Unauthorized Access

You must notify us immediately if you suspect unauthorized access or use of your account. We are not responsible for any losses resulting from unauthorized access caused by your failure to secure your account.

3. Revenue Sharing and Cashback Distribution Model

3.1 Platform Revenue Model

Bannga operates on a 50/50 revenue sharing model. When merchants offer cashback through our platform, the total cashback amount is automatically split equally:

  • 50% to Users: Half of the merchant's cashback offering goes to you as crypto rewards.
  • 50% to Platform: Half is retained by Bannga to cover platform operations, technology, and services.

3.2 Example Calculation

If a merchant offers 10% total cashback on a R100 purchase:

  • Total cashback poolR10.00
  • You receiveR5.00 (5% of purchase amount)
  • Platform retainsR5.00 for service fees

3.3 User Understanding

As a user, you understand that:

  • Cashback rates displayed on the platform show your actual earning amount (already calculated as 50% of merchant's total).
  • Bannga retains 50% as platform revenue to maintain and improve services.
  • The split is automatic and applied to all transactions.
  • This model enables us to provide a free, high-quality cashback platform.

3.4 Merchant Agreement

Merchants using Bannga agree that:

  • The cashback rate they set is the total amount before the 50/50 split.
  • 50% of their offering automatically goes to customers, 50% to Bannga.
  • This split is non-negotiable and enforced at the database level.
  • Platform fees cover payment processing, infrastructure, support, and fraud prevention.

3.5 Eligibility for Cashback

To earn cashback, you must:

  • Use the Service in accordance with these Terms.
  • Complete valid transactions with eligible merchants.
  • Maintain an active account in good standing.

3.6 Payment of Cashback and Withdrawal Terms

Cashback will be credited to your account and available for withdrawal once transactions are confirmed.

Withdrawal requirements and policies:

  • Minimum withdrawal amount: R10.
  • Account must be at least 7 days old to request first withdrawal.
  • Withdrawals are processed manually within 3-5 business days.
  • You are responsible for providing accurate crypto wallet addresses and network information.
  • Bannga is not responsible for funds sent to incorrect addresses.
  • Network fees may apply depending on the blockchain network selected.
  • We reserve the right to request additional verification before processing withdrawals.
  • Withdrawal requests can be cancelled before processing begins.

3.7 Fraudulent Activity

We reserve the right to suspend or terminate your account and forfeit cashback if we detect fraud, misuse, or violations of these Terms.

The rest of these Terms are still being finalised.

Sections covering prohibited conduct, intellectual property, limitation of liability, termination, dispute resolution, governing law, and changes to these Terms have not been supplied yet and are not included on this page. We'd rather tell you that plainly than leave gaps unmarked. Email support@bannga.co.za if you have questions about anything not yet covered here.

Contact Us

If you have any questions or concerns about these Terms, please contact us at:

Bannga
Email: info@bannga.com