EcoCash promo offers USD1m in prizes
VALUE ADDED SERVICES| Oct. 1, 2012, 3:14 p.m.
Econet Wireless has launched what it describes as Zimbabwe’s largest consumer promotion ever, in which the mobile phone company is offering cash prizes of over USD1 million.
The promotion, sponsored by EcoCash, is dubbed “The EcoCash One Million Dollar, Waya-Waya Promotion” and starts today.
A spokesman said the promotion has been launched to celebrate the first anniversary of its mobile money transfer service, EcoCash, which now boasts more than 1.7-million registered users. EcoCash is the second fastest growing mobile money transfer service in the region after M-Pesa launched in Kenya by Safaricom.
The promotion will offer a grand prize of USD100 000. To enter the promotion one simply needs to transact using EcoCash. Registered customers stand a chance to win every time they cash in, send money or buy airtime using EcoCash.
Unregistered customers qualify the moment they register. During the competition, which runs over the next three months, Econet will give away USD100 to 100 customers every day for 100 days. In addition, every EcoCash customer will get a discount of 10% whenever they purchase airtime using EcoCash as well as 15 free SMSes.
“The company could have bought several vehicles as prizes but we decided instead to give cash to customers so they can decide what they what to do with their money,” said the spokesman.
MORE VALUE ADDED SERVICES NEWS
MTN Swaziland offers mobile financial services with EricssonMTN has deployed Ericsson Converged Wallet to provide a premium mobile money experience for more than 275,000 mobile wallet users and 3,000 agents in Swaziland. Read More
Airtel, Kenya Red Cross launch public emergency information serviceBharti Airtel has teamed up with Kenya Red Cross Society to launch the first of its kind public emergency information service in Kenya. Read More
EcoCash gets SA approvalEcoCash and its South African partners have secured approval from the South Africa Reserve Bank to start a cross border remittance service from South Africa. Read More
KTDA, Safaricom partner on cashless paymentLeading tea management agency, Kenya Tea Development Agency (KTDA), has partnered with Safaricom to roll out a cashless payment solution at all its 66 factories across the country. Read More
Airtel launches first mobile tap and pay system in GhanaAirtel Ghana has added another first to its credits as it has rolled out an innovative service through their Airtel Money that allows a tap and pay, contactless payment based on the Near Field Communications (NFC) technology. Read More
Vodafone gives hope to Ghanaian Farmers with Vodafone Farmers ClubGhanaian farmers can now receive relevant crop and location specific information in their own language through a bespoke SIM card. Read More
Standard Bank introduces a first in SA: smart watch bankingStandard Bank today announced plans to embrace wearable technology, with the forthcoming release of its Apple Watch banking app in SA. Read More
Prepay Nation, Airtel Kenya to offer international mobile top-upPrepay Nation, a leading provider of cross-border prepaid mobile airtime transfers, has announced its partnership in Kenya with Bharti Airtel. Read More
SimbaPay launches international access to M-Pesa PayBillSimbaPay has launched the first product to allow Kenyans living abroad to make M-Pesa PayBill payments. Read More
FEATURED STORYIHS plans to inject fresh $500m to grow capacity
Mohammed Darwish, managing director of IHS Towers, says the firm will soon inject another $500million into the business after raising some $2.5billion to finance expansion drives. Darwish spoke with biztecafrica.com in Lagos.
BEST READ NEWS
IN DEPTHAs curtain falls on MDGs, what next?
Dr. Bjorn Lomborg, president of the Copenhagen Consensus Centre, speaks to Biztechafrica about setting smart targets.