FW: Incentives & charges for Mobile Money

[Osaretin Osayimwen]

Hello Team,
 
FYI
 
KR
ONOO 

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Date: Wed, 25 Jul 2012 13:27:01 -0700
From: akar...@yahoo.com
Subject: Fw: Incentives & charges for Mobile Money
To: akar...@hotmail.com

----- Forwarded Message -----
From: Fred Idu [MTN Nigeria - Enugu] <Fr...@mtnnigeria.net>
To: "assote...@yahoo.com" <assote...@yahoo.com>; "austine...@yahoo.com" <austine...@yahoo.com>; "odiukot...@yahoo.com" <odiukot...@yahoo.com>; "dick...@kadickintegrated.com" <dick...@kadickintegrated.com>; "glace...@yahoo.com" <glace...@yahoo.com>; "uzor...@yahoo.com" <uzor...@yahoo.com>; "nzed...@yahoo.com" <nzed...@yahoo.com>; "benjack...@yahoo.com" <benjack...@yahoo.com>; "tcon...@yahoo.com" <tcon...@yahoo.com>; "omon...@yahoo.com" <omon...@yahoo.com>; "ogi...@yahoo.com" <ogi...@yahoo.com>; "akar...@yahoo.com" <akar...@yahoo.com>; "charleson...@gmail.com" <charleson...@gmail.com>
Cc: Uchechukwu Okoroafor [MTN Nigeria - Asaba] <Eme...@mtnnigeria.net>; Ejiro Okotie [MTN Nigeria - Asaba] <Eji...@mtnnigeria.net>; Uzezi Odhomo [MTN Nigeria - Asaba] <Uze...@mtnnigeria.net>; Noble Amadi [MTN Nigeria - Apapa] <Nob...@mtnnigeria.net>; Fred Idu [MTN Nigeria - Enugu] <Fr...@mtnnigeria.net>; Nnenna Ndukwe [MTN Nigeria - Enugu] <Nne...@mtnnigeria.net>; Praise Abu [MTN Nigeria - Asaba] <Pra...@mtnnigeria.net>
Sent: Wednesday, July 25, 2012 6:24 PM
Subject: Incentives & charges for Mobile Money

 

Dear Partners,

 

Now that some of us have completed our registration and ready to start commercial transaction, I want to share with us some of the things we stand to benefit as an agent. I believe it will also encourage other partners that are yet to complete their registration process.

 

 The sharing formula basically depends on who is funding the MM account.

 

For Supper agent funding, the sharing ratio is 60:40% of in income generated.

 

For Retail Agent funding, the sharing ratio is 80:20% of income generated.

 

Upon registration of a customer, it is advisable to encourage the customer cash in N350. This first registration attracts a commission of N150 which will be shared between the Supper and Retail agent based on funding sharing ratio.

 

Below is the table of incentive for Agent and Charges for customers.

 

Agent Income.

 

S/N	Income line
1.	N150 commission on registration
2.	Commission on deposit (cash in) .70% of value subject. Max of N70
3.	Commission on deposit (cash out) .90% of value subject. Max of N90
4	Ongoing revenue (5% P to P and P to C)
5	Commission on Airtime Sales (2%)

 

*S/N 4: Please Note that any customer you register has a link to you and there is 5% incentive on any transaction be it phone to phone or phone to cash.

 

Customers Charges:

 

S/N	Transaction	Charges
1	Deposit	free
2	Withdrawal by registered Customer
	N3,000 and less	N50
	N3,001 to N6,000	N100
	N6,001 to N9000	N150
	Above N9,000	N300
3	Sent to Registered Customer	N50
4	Sent to Unregistered Customer
	N3,000 and less	N200
	N3,001 to N6,000	N180
	N6,001 to N9000	N250
	Above N9,000	N300
5	Withdrawal by unregistered Customer	free
	Airtime purchase	free
	Balance Enquiry	free
	Mini statement	N10
	Registration	free

 

This second table is to help us to educate our customers better.

 

With this information I hope we now have a clearer picture of what we stand to benefit in terms of our incentive and how customers are charged.

 

Regard

Idu Fred O. | Acting Senior Customer Relationship Partner -East Department: Customer Relations cell: +2348032006909 fr...@mtnnigeria.net

 

 

From: Uchechukwu Okoroafor [MTN Nigeria - Asaba]
Sent: Friday, July 13, 2012 1:54 PM
To: Fred Idu [MTN Nigeria - Enugu]
Subject: Re: Connect Partner for MobileMoney (Northern and Eastern Region)_Reminder

 

thank you Fred ,

Can u give me the a comprehensive regional report .

 

Best Regards

 

 

 

 

Sent from Samsung Mobile

"Fred Idu [MTN Nigeria - Enugu]" <Fr...@mtnnigeria.net> wrote:

 

Yello madam,

 

I understand you do not have a copy of the mobile money form.

 

Kindly print and complete the Mobile money supper agent form for Cema Communications. You are required to send the hard copy of the  completed form to our Regional Office Asaba, Attention Eziafa Akankali

 

Before sending the form please  scan and send the soft copy to me for follow up.

 

Details on how to complete the form is stated below.

 

1.   Each Partner is to fill one form only for their Connects (not Per shop). One form is a set of 3 forms which includes the Cooperate Account Holder application form, MPG Account Handler Application form and Point of Sale(POS) Form.

2.    A Valid driver’s license or International passport (Photocopy)of the contact person must be attached to the duly filled forms.

3.    Each Partner is to open one fresh Bank account with any of our partner bank (GTB or Stanbic or Fortis Micro Finance Bank) to fund and run their MobileMoney as Merchant.

4.    POS Number are the normal SIM Numbers(PPSK). Fresh lines should be assigned, inserted in a phone and registered. Do not fill Connect Staff Service lines as POS on the Form, once activated as MobileMoney POS line will not be able to receive or make calls again.

5.    The Number of SIM filled on the POS form will determine MobileMoney dispense channel available to the partner. At least 3 per shop should be considered.

6.    One of the fresh SIM should also be assign as Main MobileMoney Account number for the Partner and fill appropriately on the forms.

 

 

Kindly expedite action  as other partners have already completed their registration.

 

Regard

Idu Fred O. | Acting Senior Customer Relationship Partner -East Department: Customer Relations cell: +2348032006909 fr...@mtnnigeria.net

 

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