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How to redeem points for money
1.cashCredit built-in extension
If you are using myCred plugin please check cashCred extension:
2. Manual way with request form
Cashback tracker plugin is plugin for tracking orders and converting them to points. Since, each site has own currency, payment system, location, we can't add withdrawal option, so, you must make payments to users manually. For this, you must have cashback request form on site. Users can apply form and request their money.
Great thing in this plugin that you can add special placeholders in form. Check all available mailtags.
For example, you can create form and place placeholder
[_user_login]in content of form and it will be replaced by user login in email. Then, you can go to Users - All user and find user. Then, you can make payment to user and deduct his approved points. Contact form has many options and fields, you can add, for example, field where user can leave his paypal address, bank account, etc.