MoMo Payment Service Bank (MoMo PSB), a subsidiary of MTN, on Thursday launched a reward system tagged ‘refer and win’, for its customers across Nigeria.
This was part of its one year anniversary celebration held at markets across different states in Nigeria.
Speaking on the sidelines of the event in Abuja, Abdul Oiku, MoMo PSB Regional Implementation Manager for North West said the company would reward about 85,000 of its customers with cash prizes worth millions of naira.
Oiku said the reward system would be based on the number of referrals a customer gets.
“There are three categories of reward; for the first category, 12 customers would win N1,000,000 each for a two-month period. For the second category, 12 customers would win N500,000 each within two months, while for the third category, Momo would reward 12 customers with N300,000 within two months. Also ten thousand customers would be rewarded weekly with N50,000 from May 15 to the end of July.
“So, customers are encouraged to benefit from this as much as they can because the more customers they refer to open a MoMo account and also perform transactions, the better their chances,” he said