Moniepoint Introduces ‘Refer and Earn’ Programme

By Modupe Gbadeyanka

An initiative designed to reward customers, especially in this festive season, has been introduced by Moniepoint Microfinance Bank.

The new scheme, Moniepoint Personal Banking Refer and Earn, will allow business owners and agents to earn up to N100,000 by actively referring Moniepoint personal banking app to their customers.

Participants have a unique referral code/link accessible through the referral section on the Moniepoint Business Banking app. This code/link can be shared with customers, who, upon signing up and transacting with the Moniepoint Personal Banking app, will contribute to rewards for the referrer.

For every outward interbank transaction conducted by referred customers in the next 12 months, participants will receive 4 naira. This transparent and straightforward incentive structure ensures that participants reap tangible benefits for actively promoting the Moniepoint Personal Banking app.

This win-win collaborative exercise is easily accessible to all Moniepoint business owners via the app which makes it convenient to share and track their referrals.

To ensure clarity and transparency, Moniepoint MfB prioritizes open communication and encourages participants to provide feedback to enhance the program.

“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. It is also about exemplifying the bank’s mantra of powering dreams and our visionary resolve to create a society where everyone experiences financial happiness,” the Managing Director of Moniepoint MfB, Mr Babatunde Olofin, said.

Speaking further, Mr Olofin said, “In rewarding customers for their loyalty, we want to make it possible to let customers introduce our peerless and trusted digital banking experience to their customers while earning rewards in a fun way.

“Our personal banking services break the stereotype of banking services in people’s mind, and we’d like to encourage them to find joy in their financial journey.”

Recall that recently, Moniepoint joined the personal banking business with an app that will enable users to make transfers, pay bills and buy airtime, while its debit cards can be used at ATMs, POS terminals, and online.