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TrueMoney Center Announcement
Mag-Transact Muli With TrueMoney!
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Mechanics:
- This program is open to all TrueMoney partner agents with GCASH, MAYA and COINSPH service.
- To qualify Agent must be Inactive of any GCASH, MAYA and COINS PH Cash In transactions for the past 2 months (Dec-Nov 2022)
- Partner agents may qualify to receive an additional 1% incentive (max of P100 per agent weekly) if they transact any amount accumulated to Php10,000 TPV indicated in the computation below. Moreover transactions over the P10k threshold will not be counted for the incentive.
- Issuance of incentives will be instant fund in via Rule Engine or credited to Partner Agent wallet via Finops if rule engine is unavailable
- All fund-in prizes are not convertible to cash.
- Only the e-wallet transactions for GCASH, MAYA and COINSPH are counted for this program. Transactions that were successfully processed but later reversed due to cancellation or erroneous entry will not be counted.
- TrueMoney reserves the right to disqualify TrueMoney Centers from availing of this offer if found to have committed acts of fraud or have violated this promo mechanics and other existing policies on payment and subscription.
- Should the qualified transaction be canceled or declined, whether the cancellation is agent or partner initiated, TrueMoney reserves the right to withdraw the fund-in incentive even if the amount has already been credited. TrueMoney reserves the right to debit any cash reward credited from TrueMoney Center’s wallet. If the wallet balance is insufficient to cover the amount to be debited at the time of reversal, TrueMoney reserves the right to debit the balance not reversed when the TrueMoney Center’s wallet balance is sufficient.
Scenario 1: Agent Transaction within P10k promo threshold
Sample Transaction | Amount | Rate |
---|---|---|
Cash In Amount | ₱10,000 | |
Effective Agent Commission | ₱50 | 0.50% |
Additional Incentive | ₱100 | 1% |
Total Commission + Incentive | ₱150 |
Scenario 2: One week Agent Transaction over P10k
Daily Transaction | Tuesday | Wednesday | EOW Total |
Cash In Amount | 10,000 | 16,000 | 26,000 |
Standard Agent Commission (0.50%) | 50 | 80 | 130 |
Incentive (1% of cash in amount) | 100 | 0 | 100 |
Total Commission + Incentive | 150 | 80 | 230 |
*Agent will only receive incentive P80 for P16k given that excess of P10k will no long be counted