Reward money is aimed at giving value to Verve card holders as they earn money back on
their Verve
cards each time they use the
cards for payment on the Portal/POS at accredited merchant outlets.
So far, Reward
Money
has over 100 merchants with 5 merchants located at the Palms shopping mall Lekki
Lagos. Merchants at the Palms shopping mall and
the percentage of Reward
Money a Verve cardholder can earn for
purchasing items with a
Verve
card include Splendour (2.5%), The
Soul-lounge ( 7.5%) , Twice as Nice (2.5%), Phenomenon
(4.5%) , and Mobos ( 2.5%).
The ‘’Reward Money’’ on the verve card can then either be accumulated or can be instantly burnt (spent) by the verve card holder at the portal/POS of any Reward Money
Merchant at
will.
A merchant at the Palms Shopping Mall Bayo Haastrup , who is currently the General
Manager of The Soul-lounge has been a ’Reward Money' merchant for about six (6) months affirmed his support for the use of
electronic card systems ,and generally believes the ‘’Reward Money’’ initiative is a fantastic idea as it has the capacity to boost customer loyalty as well as promote the cashless
policy.
In the last one
month, Reward money has launched at the Ikeja Mall as well as Adeniran
Ogunsanya Mall, Surulere. The Palms Mall launch was therefore no different, as
several Verve cardholders where instantly rewarded with Gift vouchers of up to
N10,000 for using their Verve card to pay. This promises to be just the
beginning, as the Reward Money train debuts in several Malls Nationwide. So,
keep shopping and watch out as the train comes to a mall close to you.
In order to be a Reward money merchant, a merchant must be able to
give discounts to their customers with verve cards. For more information about Reward Money and the merchants currently on the
scheme,
visit www.myrewardmoney.com now.
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