Terms and Conditions

Campaign Overview

  • The “Refer & Earn” campaign will run from 1st November 2024 to 20 December 2024, both days inclusive.
  • FAB employees can participate by referring friends to open a Payit Plus account using their Staff ID or Payit registered mobile number.
  • The more successful referrals an employee makes, the higher their chances of winning the grand prize and other incentives.

Eligibility

1. Participants:

o This campaign is open to all FAB employees. Employees must be active at the time of the referral and at the time of the prize draw.
o Payit employees involved in managing or overseeing this campaign are not eligible to participate.

2. Referrals:

o Referrals must result in a successful opening of a Payit Plus account.
o A referral is considered successful only when the referred individual has:

o Completed the Payit Plus account opening process.
o Been successfully verified and activated as a Payit Plus account holder.

Campaign Period

  • The campaign will run from 1st November 2024 (00:00 UAE time) to 31st December 2024 (23:59 UAE time), both days inclusive.
  • All referrals must be completed by 31st December 2024 to be eligible for the grand prize and Cash Rewards.

Prizes

1. Grand Prize – iPhone 16:

o For each successful referral, the referring employee will receive one entry into the grand prize draw for the iPhone 16.
o The grand prize draw will take place in January 2025. The winner will be randomly selected from all eligible entries.

2. Earn Cash Rewards for Referrals:

o For each successful referral during the campaign period, referring employees will earn AED 20 for every friend who registers successfully on Payit Plus using the employee’s Staff ID or registered Payit mobile number. Employees can earn up to AED 20,000 in total for successful referrals.
o Cash Rewards will be credited to the referring employee’s Payit account within on week after the campaign ends.

How to Refer a Friend

Referral Conditions

  • Employees may refer as many friends as they like.
  • The referred friend must be a new Payit Plus customer. Existing Payit are not eligible to be referred.
  • Only referrals using the employee’s Staff ID or their Payit registered mobile number will be counted. Referrals made without the code or referrals using incorrect codes will not qualify.

Disqualification

  • Payit reserves the right to disqualify any participant found to be:
    • Making fraudulent referrals or engaging in unethical behaviour to manipulate the campaign results.
    • Providing inaccurate or false information during the referral process.
    • Attempting to refer individuals using fraudulent or duplicate accounts.

Prize Draw & Winner Notification

  • The grand prize draw for the iPhone 16 will take place in January 2025.
  •  The winner will be notified via their registered FAB email within 10 business days of the draw.
  • All other prize winners (mystery prizes) will be notified within 5 business days after reaching the required referral milestones.

Prize Collection

  • Prizes are non-transferable, non-exchangeable, and cannot be redeemed for cash.
  • The winner(s) will be responsible for collecting their prizes from the FAB headquarters or a designated FAB branch.
  • If the prize is not claimed within 30 days of notification, FAB reserves the right to withdraw the prize and select an alternative winner.

Data & Privacy

  • By participating in this campaign, employees consent to FAB using their referral and participation data for the purposes of conducting the prize draw and awarding prizes.
  • FAB will not share personal data with third parties without prior consent, except where required by law.

General Conditions

  • Any changes to the campaign will be communicated through official internal channels.
  • FAB’s decision in relation to any aspect of the campaign is final and binding. No correspondence will be entered into regarding the results or prize distribution.

By participating in this campaign, employees agree to these Terms & Conditions.