Happy Boss’s Day

Happy Boss's Day

Celebrating Boss’s Day!

It’s Boss’s Day on Monday, 16 October, which “has traditionally been a day for employees to thank their bosses for being kind and fair throughout the year. This day was created for the purpose of strengthening the bond between employer and employee.”

Do we ever stop to think about the burdens that our Boss’s bear, making sure the company runs smoothly and that their staff get salaries every month? Ever heard the saying “it’s lonely at the top”? While as employees we come to work, do our jobs and get paid, but all the admin that happens “behind the scenes” lands on the shoulders of our Bosses. So, take a moment on Monday to say thank you to your boss for all that they do.

If you are looking for gift ideas, CashBag put together a few ideas for you!

Boss’s Day Gift Ideas
(with great cash back savings)

Action Gear  – 2% cash back

Is your Boss a bit of an adrenaline junky? Action Gear specialises in all the technical outdoor gear which makes adventures even more enjoyable!

Flowers.co.za – 12% cash back

You can never go wrong with flowers or gift hampers. Flowers.co.za offers the convenience of ordering online, which allows you to select your gift of choice and sit back and relax while they take care of the rest.

JuiceBubble – 10% cash back

Is your Boss a bit geeky? At JuiceBubble you can find anything from Star Wars branded shirts up to our all-time favourite, a T-rex trying to clap hands. Or if you are a little more creative you can order customised t-shirts.

iToys – 6% cash back

Errbody loves gadgets or accessories for their gadgets! iToys is a South African online retailer of gadgets and accessories for Apple iPhone, iPad, iPod Touch, Samsung Galaxy devices.

If the suggestions above don’t “feel” like your Boss – pop on over to CashBag.co for to see our full range of cash back offers.

Happy spoiling 🙂


~Remember cash back only applies if you shop through CashBag~

Does your solution really need blockchain?

Block chain

Blockchain is fast becoming the new go-to-tool that promises to be the panacea for every problem. Everywhere I turn I’m seeing solutions popping up using blockchain to ‘solve’ a problem which has already been solved by regular web-tech.

For instance, I’ve read a number of whitepapers where companies are planning on using blockchain to track advertising. The rationale is often that it brings trust to a low trust environment.

This may be true, but the cost of running a distributed ledger to authenticate and store this data is far beyond what ad networks would consider to be reasonable. The volume of data stored is immense and aside from the fact that it would severely bloat the blockchain, the cost would be significant.

It’s a perfect case of using blockchain when a regular tracking solution would work just fine. It looks fantastic on the ICO, but if you critically consider that ad tracking data doesn’t need to be eternally stored and that by some estimates the cost of storing data on Ethereum works out to approximately 17,500 ETH/GB, or over $5Mil/GB the cost would be prohibitive.

When we started considering solutions for our CashBag.co product, we didn’t start with the premise that blockchain would solve it. We built our ecosystem using web server technology backed by robust databases and redundancy systems.

It’s only when we started investigating ways to improve our business, by adding immediate settlement of cash back rebates and giving our users the ability to instantly transfer their funds that we settled on blockchain as a solution.

In our instance, we wanted to create an ecosystem in which the consumer could get paid their rebates and instead of accruing towards a minimum threshold before getting paid. In some cases, this threshold could take months, or for infrequent users, years to reach.

By providing our users with a wallet that enables them to receive their rebates and cash back immediately, without high processing fees, we expect to significantly increase adoption and usage.

Developing a customer wallet and smart contracts to govern the transactions allows us to scale users exponentially, cut down on transaction processing costs and pass more value to our users, while assuring that the permanence of the transactions are maintained, through the blockchain.

A win-win solution if ever there was one and a good business case for blockchain.


(Article originally published on Medium -> https://goo.gl/LJDwMQ)

Happy Teachers Day!

Teachers Day 2017

Celebrating Teachers Day!

Why do we celebrate Teachers Day?

Well, not only do they educate our children but they mould and prepare them for the future.

Our kids spend on average half their day, 5 days a week, in the care of these trusted guardians.

So today, we show our appreciation and support for Teachers. And in doing so, hope to ensure that the needs of future generations will continue to be met.

If, by chance, you forgot to send a gift with your kids today for his/her teacher, don’t stress! CashBag is going to help save the day and earn you cash back!

First of all we suggest buying them a Voucher, because it will be delivered straight to their inbox, meaning no delivery delays!

CashBag has a multitude of offers that you can choose from. If you already know their favourite online store, simply login to your CashBag account and click “shop now” on the online store of your choice. You will then be redirected to the online store, where you can purchase a voucher. Enter the recipient’s email address i.e. the Teachers, and voilà, gift sorted! Your cash-back will be added to your CashBag account ready for the next CashBag PayDay.

Don’t have a CashBag account? Get it here for FREE -> www.cashbag.co.za

To all the Teachers, thank you for caring for our children and moulding the future of South Africa.

Happy Teaching 🙂