Paga Will Give You N100 For Each Transaction You Make

Mobile Money service, Paga, has announced a cashback promotion for every transaction on its service. The company says users will get N100 cashback over every money transfer transaction.

Paga will also give N1000 to new users to try out is service as well as N50 per transaction to users who refer their friends. The minimum amount required to get these bonuses is N500. You must transfer at least N500 to get the N100 cashback. Friends you’ve referred must also transfer above this threshold for you to get the N50 bonus.

The offer started yesterday November 19th. The company hasn’t stated when it’ll end.

Paga has over 270,000 users, 1,500 agents and has processed over 570,000 transactions worth more than 6.4 billion Naira.

In discussion forums about Mobile money in Nigeria across the web, we have consistently said that a way to get people to use these services will be to offer incentives other than safety and painlessness.

Last week, GTBank also announced that users will get monthly cashback over every payment made via any of its electronic channels. The bank however, didn’t state how much cash it would give back.

The cashback promos by GTBank and Paga are a right step in getting people to pay for services and products via electronic channels.

Binjo

Binjo is passionate about(some say he's obsessed with) technology and the web. . In his spare time, Binjo runs UP NEPA! Where he blogs on a wide range of issues. Circle Him on Google+

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