換金 (kankin) means “conversion into cash”

More examples

未使用の残高を換金するには、本人確認が必要です。mi shi yō no zan daka o kan kin su ru ni wa hon nin kaku nin ga hitsu yō de su

Identity verification is required to convert an unused balance into cash.

Expresses the change from a noncash form of value into money that is ready for use.

現金化genkinka: The act of making an asset, balance, or benefit available as cash.

物や権利などの価値を現金として受け取れる形にすること。mono ya ken ri na do no ka chi o gen kin to shi te u ke to re ru katachi ni su ru ko to

換金 (kankin) is a compound of 換 (kan, "exchange") and 金 (kin, "money"), with the whole word meaning conversion into cash.

In Japanese services, 換金 (kankin) often marks the step at which points or rewards become spendable money, not the earlier step of earning them.