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Boomerang is a cashback application that allows users to earn cash rewards from their purchases. It operates as a platform where users can scan their purchase receipts from participating stores and receive a portion of their spending back as cash rewards. The platform partners with various brands and stores, and users can choose from a selection of reward-eligible products. The process typically involves the following steps: 1. Selecting Reward-Eligible Products: Users can browse through the app to find products that are eligible for cash rewards. 2. Making a Purchase: Users buy the selected products from participating stores. 3. Uploading Purchase Receipts: After the purchase, users need to upload their receipts through the app to verify their transactions. 4. Receiving Cash Rewards: Once the receipts are verified, users receive cash rewards, which are credited to their Boomerang account. The platform's business model is based on partnerships with brands and stores, where they offer cashback incentives to encourage customer loyalty and increase sales. Users benefit from the cash rewards, while the platform earns through its partnerships and the transactions facilitated through the app. Boomerang's approach aligns with the cashback model commonly seen in e-commerce and retail, where platforms offer incentives to users for making purchases. The platform's emphasis on scanning receipts and offering rewards for specific products is a way to track and incentivize consumer behavior, benefiting both users and participating businesses. It's important to note that while cashback platforms can provide benefits to users, it's essential for users to review the terms and conditions, as well as the privacy and data usage policies of such platforms. Additionally, users should ensure that the platform is reputable and secure, especially when it comes to handling financial transactions and personal information."

• Cashback application, Earn cash rewards from purchases, Platform for scanning purchase receipts, Receive portion of spending back as cash rewards, Partnerships with brands and stores, Selection of reward-eligible products, Process of selecting, purchasing, and uploading receipts, Verification of transactions, Crediting cash rewards to user accounts, Business model based on brand and store partnerships, Incentives for customer loyalty and increased sales, Alignment with the cashback model in e-commerce and retail, Emphasis on tracking and incentivizing consumer behavior, Importance of reviewing terms, conditions, and privacy policies, Considerations for platform reputation and security, Handling of financial transactions and personal information