Xpress Money aims to reduce remittance costs for customers with its new Rewards Program
~ The only money transfer brand in Bahrain to give an assured CASHBACK with every transaction ~
~ Starting with 500 Fils CASHBACK on the very first transaction ~
Bahrain, September, 2015: After a hugely successful launch in the UAE, Xpress Money one of the world’s most dependable money transfer brands, today launched – the ‘Xpress Money Rewards Program’ in the country. This program provides customers a guaranteed ‘CASHBACK’, each time they transact with Xpress Money. The program has been widely accepted by customers across the UAE and the brand is now taking the program to other markets. By the end of 2015, the program will be live across important markets in the GCC.
Customers who enroll for the program get an instant advantage of 500 Fils CASHBACK on their very first transaction and will continue to get 200 Fils CASHBACK for all subsequent transactions. Through this program, Xpress Money is also contributing to the remittance industry’s objective of reducing transaction costs, by ensuring that remitters pay less, to send money to their loved ones back home.
Talking about this pioneering initiative, Mr. Sudhesh Giriyan, Chief Operating Officer (COO), Xpress Money said: “We believe that this is an industry first – what we have done is to combine a rewards program with the cause of reducing remittance costs for the customer. Time and again we have reiterated our commitment to contribute to this cause and this ‘Xpress Money Rewards Program’ is a reflection of our endeavour in that direction. This program has been very successful in the UAE and we are certain that our customers here in Kuwait as well, will widely benefit from it”
“Customer benefit has always been our priority and this Rewards Program has been conceived to thank customers for their constant support, by offering them MORE, with every transaction,” Mr Giriyan said.
Xpress Money Rewards Program Benefits:
- 500 Fils CASHBACK on the 1st transaction
- 200 Fils CASHBACK on all subsequent transactions
- Refer a friend and earn 100 Fils on each transaction done by your friends
- Double the chance of winning during promotions and special offers
In addition to the CASHBACK of 500 Fils on the first transaction and 200 Fils on all subsequent transactions, the Rewards Program also has a referral scheme wherein enrolled customers can refer their friends and gain 100 Fils CASHBACK for the first 5 transactions done by each of those friends; as many friends can be referred and our customers will keep getting rewarded. They also have double the chance of winning promotions and contests hosted by Xpress Money. Visit www.xpressmoney.com/rewards to learn more about the benefits of this program.
Customers can redeem the cashback once 1 BD is accumulated on the rewards card with no maximum limit for redemption.For instance, a customer sending money to India with an accumulated cashback of 2 BD on the Xpress Money Rewards Card can remit money free of cost and yet have 200 Fils left n the card, as the transaction fee to India is 1.8 BD. Customers can enroll for the program and collect their card at any Xpress Money agent location in Bahrain with a valid ID proof.
“We are confident that this is a significant value add and our customers as well as the industry will look at this as a positive move. The ‘Xpress Money Rewards Card’ has debuted with the CASHBACK, but we do not plan to stop there. We are working with various partners to offer a bouquet of value adds through the card be it discounts or other promotions,” Mr. Giriyan added.
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