Cashback, all repayments by 1st March: with the start of the new year, the semi-annual phase starts

The second initiative on a six-monthly basis foresees at least 50 operations by the end of June to obtain the reimbursement of 10% of the expenditure – Ansa /Courier TV
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Waiting for the first refunds which, as announced by the App Io will arrive by 1 March, the new phase has started. The second initiative on a six-monthly basis foresees at least 50 operations by the end of June to obtain the reimbursement of 10% of the expenditure. According to the government, the participation in the December Cashback exceeded the rosiest expectations. 5.8 million Italians registered and more than 9 million electronic payment instruments were activated, 7.6 million from the App IO. The total value of the reimbursements exceeds 222.6 million euros to be paid out to over 3 million of those entitled. Here are the reimbursement ranges: 3.1% of those entitled will get a refund of 150 euros, 14.5% will get between 100 and 149 euros. 49.6% will receive between 50 and 99 euros and 32.8% will eventually have less than 50 euros reimbursed. The App IO in reporting the figures to be returned on the platform, however, used the American system of the point instead of the comma. An example: 43 euros and 77 reimbursement cents have become 43,773, so 66,000 euros is actually only 66 euros. An error or a “bug” in the system that soon went viral on all social networks.

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