“Invite New Users and Enjoy Special Rewards” Campaign Terms and Conditions

Dec 26, 2024

  1. “Invite New Users and Enjoy Special Rewards” Campaign will take place from 30th December 2024 till 28th February 2025. 
  1. In order to participate in this Campaign, KBZPay Users need to be KBZPay Level 1.5 and Level  2 Customers if KBZPay Level 1 Users want to participate in the Campaign, they will need to upgrade their KBZPay Level to KBZPay Level 2 successfully. The Users need to upgrade their KBZPay application version  to the 5.5.0 and above.
  2. The purpose of this campaign is to encourage the current KBZPay Users to invite beloved friends and families to open KBZPay Level 2 accounts.Both Inviter and Invitee can receive MMK 1,000 Cashback when Invitees become successful Level 2 customers. Additionally the Top 5 inviters who can invites the most new users  can get the following additional special prizes:
  • Top 1 inviter -1,000,000 MMK Cashback
  • Top 2 inviter -500,000 MMK Cashback
  • Top 3 Inviter -300,000 MMK Cashback
  • Top 4 Inviter -200,000 MMK Cashback
  • Top 5 Inviter -100,000 MMK Cashback
  1. Each KBZPay Users will be able to invite new Customers without limitations and Both Inviter and Invitee can receive MMK 1,000 Cashback when Invitees become successful Level 2 Users using the inviter’s referral code number. However, each inviter can receive the cashback for a maximum number 200 of KBZPay Level 2 new users inviting during the whole campaign period.
  1. Additional special prizes will be awarded to the top 5 inviters who can invite the most new users within one month, subject to review and confirmation by KBZ after the campaign ends.  Winners of the special prizes will be notified via SMS by KBZPay.
  1. For a successful Level 2 invite, the Users need to register through KBZPay Application and not from the web. 
  1. If the Users who has already opened the KBZPay account closes the KBZPay accounts and opens again during the campaign period, it cannot be counted as the new account. Such accounts are not eligible in this Campaign.
  1. Cashback and special prizes will be received directly into the KBZPay wallet. However, the cashback and special prizes  credited timeline may be varied in the event outside the control of KBZ.
  1. During this Campaign period, KBZPay  Users will be entitled to enjoy the benefits stated in these terms and conditions, which will expire at the end of this Campaign period.
  1. Users can participate in this Campaign via KBZPay app banners, notifications, KBZPay Official Account articles and invitation links from social media. 
  1. KBZ employees will not contact participants in the Campaign to ask for OTP, PIN, or KBZPay Account information.
  1.  The inviters will not be eligible to participate in this program and will not be eligible to receive the rewards if their KBZPay accounts have been suspended,frozen, banned due to the violation of KBZ’s rules and regulations.
  1. Users are strictly forbidden to cheat in any other form or manner during this Campaign. KBZPay has the right to cancel and/or ban any Customer who is suspected to be cheating in any form and/or manner.
  1. In the event of any dispute arising between KBZPay Users and KBZPay regarding this Campaign, such dispute will be examined carefully and finally resolved by the authorized officers of KBZPay without any prejudice to the statutory rights of the Customer.
  1. User acknowledges and agrees that there is no right to receive any compensation as a result of cancellation or termination of this Campaign for some reasons and/or variation to these terms and conditions without giving any notice.
  1. KBZPay, at any time, shall have the right to amend or cancel or terminate the terms and conditions and or Campaign and the benefits or features regarding this Campaign conditionally for some reasons without giving any notice. 
  1.  All normal KBZPay terms and conditions apply.
  1. These terms and conditions shall be governed by and construed in accordance with the laws of the Republic of the Union of Myanmar.
  1. KBZ reserves the right to revise initiatives introduced in response to COVID-19 and natural disasters or force majeure events at any time, as the situation evolves.
  2. These terms and conditions are made in both English and Myanmar and both versions shall be equally authentic and effective. In case of any discrepancy between the two versions, the Myanmar version shall prevail.