Payback is first and largest loyalty programs in India and have redeem collected points on online and or local store.
I think most of the known with payback via Bigbazar group, because they provide free payback loyalty membership as free with payback card.
It will take a maximum of 4-8 weeks for completing and activating the registration. Unfortunately payback have the different point rewards for different stores and partners. Now gaining of online shopping, payback has tie up with amazon, mobiwiki, ebay etc. .
Most of redeem points will get per Rs 100, some are variant. Take an example: we will get 6 payback point while we purchase with amazon.in, but will get 2 point with flipkart. We can redeem point with any partners or redeem via payback website. Each point is equal to Rs. 1