What is Difference between Cashback and Reward?

Cashback:- Cashback is the form of payment that a user receives after a successful purchase from a particular store integrated into our system. For eg, there is a Nike store on which 8% cashback is there and the user makes a purchase of 100$ then after confirmation, the user will get 8$ as cashback.

Rewards:- Any other amount other than this will be counted towards rewards like the user has referred another user to join the cashback website and when that user does the shopping, this user who made the referral will also get some bonus that is nothing but rewards. Admin can also provide rewards to particular users completing successful milestones, which is also one form of reward. share and Earn bonus, joining bonus, referral bonus, etc also count towards rewards.