Banking Business

Moniepoint MfB launches Christmas rewards with “Refer and Earn” initiative

Moniepoint Microfinance Bank (MfB) has unveiled a festive season treat for its customers through the “Moniepoint Personal Banking Refer and Earn” initiative. The Managing Director, Babatunde Olofin, highlighted that this programme aims to reward customers during the holiday season, aligning with the spirit of generosity that defines this time of the year.

Olofin emphasised the focus on rewarding both business owners and Moniepoint agents, outlining how they could earn substantial rewards, potentially up to N100,000 or more. Their task involves actively referring the Moniepoint Personal Banking App to their clientele throughout the campaign.

“At the heart of Moniepoint’s success are our valued customers, and this initiative is a heartfelt expression of gratitude for their trust, loyalty, and transactions,” mentioned Olofin, highlighting the importance of customers in the bank’s journey and the initiative’s role in fostering financial happiness.

He explained the straightforward process of the “Refer and Earn” initiative, detailing that participants gain access to a unique referral code/link within the Moniepoint Business Banking app. Sharing this code/link with customers allows the referrer to earn rewards when the referred individuals sign up and engage with the Moniepoint Personal Banking App.

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For each outward interbank transaction carried out by the referred customers over the following 12 months, participants stand to receive four naira. This clear incentive structure is designed to ensure tangible benefits for those actively promoting the bank’s personal banking app.

The initiative is easily accessible through the app, simplifying the process for Moniepoint business owners to share and monitor their referrals. Olofin stressed the bank’s commitment to transparency and encouraged participants to provide feedback to enhance the programme’s effectiveness.

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