SkyPay — Secure payments for everyone

Section 1 of 71. Program Overview

1. Program Overview

SkyPay Earn allows you to earn money by completing tasks, referring friends, participating in promotional activities, and engaging with the platform. This is an optional earning opportunity available to all verified users.

2. Eligibility

To participate in SkyPay Earn:

Must be 18 years of age or above
Verified account with completed KYC
Active account in good standing
At least one linked bank account for payouts
Resident of India

3. Ways to Earn

Multiple opportunities to earn rewards:

3.1 Referral Earnings

Direct Referral: Earn ₹100 for each friend who signs up and transacts ₹500+
Tier 2 Referral: Earn ₹20 when your referrals refer others
Monthly Bonus: Extra ₹500 if you refer 10+ users in a month
No limit on number of referrals

3.2 Task-Based Earnings

Daily Check-in: ₹1-5 per day
Profile Completion: ₹50 for completing 100% of profile
First Transaction Bonus: ₹25 on first UPI payment
Survey Participation: ₹10-50 per survey
App Feedback: ₹20 for detailed feedback

3.3 Transaction-Based Earnings

Cashback: 0.1%-1% on eligible transactions
Milestone Rewards: ₹100 bonus at ₹10,000 cumulative spend
Extra earnings at partner merchants

4. Withdrawals & Payouts

Withdraw your earned money to your bank account:

4.1 Withdrawal Options

Bank Transfer: Direct to linked bank account (3-5 business days)
UPI Transfer: Instant transfer to UPI ID
Platform Wallet: Transfer to main wallet for transactions

4.2 Withdrawal Limits

Minimum withdrawal: ₹200
No maximum withdrawal limit
First withdrawal per month: FREE
Additional withdrawals: ₹10 per transaction

5. Prohibited Activities

The following activities will result in account suspension and forfeiture of all earnings:

Creating fake accounts for referral abuse
Using bots or automation to complete tasks
Submitting false information for surveys
Engaging in self-referral or circular referral schemes
Manipulating transactions to earn illegitimate cashback
Sharing referral code in bulk through spam

We employ advanced fraud detection. Violations may result in permanent ban and legal action.

6. Tax Implications

SkyPay Earn income is subject to applicable Indian tax laws:

TDS deducted if annual earnings exceed ₹10,000 (rate: 10% as per current law)
Annual earning statements provided for tax filing
PAN must be linked to your account for TDS compliance
You are responsible for declaring earnings in your income tax return

7. Program Modifications

We reserve the right to modify or terminate the program:

Earning rates may change with 15 days' notice
Program may be suspended temporarily for maintenance
Permanent termination announced with 60 days' notice
Existing balance can be withdrawn in case of termination

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Last updated: 26 February 2026 · legal@skypay.in

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