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MoneyMatch x Boost Business Merchants

Before you proceed, please read our Terms of Use which are applicable to you as a User of MoneyMatch. Further to Terms of Use, the following terms and conditions shall apply to the MoneyMatch x Boost collaboration (“the Campaign”) :-

  1. Prizes

    Each Verified Boost User shall be entitled to one Prize based on the Cumulative Transaction Volume throughout the Applicable Period. The Prizes are as follows :-

    Cumulative Transaction Volume (MYR) Prize
    1,000,000.00 and above One Unit of iPhone 11 Pro Max
    AND
    One Unit of Apple Watch Series 4 Sport

    (“Prize A”)
    100,000.00 – 999,999.99 One Pair of Apple Airpods

    (“Prize B”)
    30,000.00 – 99,999.99 MYR 200.00 credited into the Boost Business wallet

    (“Prize C”)

    Collectively known as the “Prizes”

    Upon the lapse of the Applicable Period, MoneyMatch will notify you within fourteen (14) days on your eligibility for the Prizes based on your Cumulative Transaction Volume.

    Prizes A & B

    If you are eligible for either the Prize A or B, your assigned Account Manager will contact you via email or phone call and arrange for the prizes to be delivered to you within one (1) month from the date of notice.

    Prize C

    If you are eligible for Prized C, your Boost Business Wallet shall be credited with MYR200.00 within one (1) month from the date of notice.

    Kindly take note that as the Prizes are for the Corporate Customer of MoneyMatch, the Prizes (if delivered) shall only be delivered to the Business Address or Registered Address of the Company.

    The prizes are non-refundable and not exchangeable for any cash or replacements in parts or in full. Any warranties applicable to the Prizes (if any) shall be applicable between you and the supplier of the Prizes and shall not be the liability nor the responsibility of MoneyMatch.

    MoneyMatch shall endeavour to purchase the Prizes from authorised resellers of the Prizes and do not in any way represent and/or warrant the authenticity of such Prizes and MoneyMatch excludes any liabilities arising from the same.

  2. Eligibility & Onboarding

    This Campaign shall only be applicable to Boost Business Merchants that are not current Users of MoneyMatch (i.e. new Boost Merchants which has never been registered, signed up and/or failed to be onboarded with MoneyMatch prior to this Campaign).

    You shall Sign-Up utilising the MoneyMatch x Boost Business microsite in order for MoneyMatch to be able to track your Cumulative Transaction Volume. Any failure to sign-up using the microsite may result in you not being able to participate in this Campaign.

    Upon submission of your sign-up, one of our MoneyMatch representatives shall be in contact with you on the onboarding process.

    As part of the onboarding process of a User of MoneyMatch, MoneyMatch may conduct checks and verification processes to identify and verify the user which may include requiring your Company Documents and site inspection. Following which, MoneyMatch would also verify your status as a Boost Merchant with Boost.

    MoneyMatch reserves the rights at its sole discretion to accept, reject, suspend and/or terminate any of its Users pursuant to the internal policies and the applicable laws and regulations which MoneyMatch is subject to.

    Upon the clearance of the onboarding process, you will receive an email from MoneyMatch informing you on the status of the clearance of your account with MoneyMatch. This email shall also denote the Account Verification Date.

    MoneyMatch shall not be liable for any delays in the onboarding process and damages resulting from such delays and your eligibility to this Campaign thereof.

  3. Campaign Period & Applicable Period

    The Campaign Period is for one (1) year (from 15th January 2020 till the 14th January 2021) for any Boost Merchants to be a User of MoneyMatch. For the avoidance of doubt, any Boost Merchants who signs up during this period shall be eligible to the Applicable Period.

    The Applicable Period shall be ninety days (90) days from the Account Verification Date. All transactions placed by the Verified Boost User must be successfully processed (without any refunds and/or returns) in order for it to be considered as part of the Cumulative Transaction Volume.

    In the event of any delays on the processing of any Transactions within the Applicable Period, it shall be the sole discretion of the management of MoneyMatch to determine the validity and applicability of such Transaction to be deemed as part of the Cumulative Transaction Volume (together with any necessary conditions attached to such discretion).

  4. Transactions AML/CFT

    MoneyMatch is governed by strict laws, regulations and guidelines and you shall hereby agree that in the event your actions and/or omissions contravenes such laws, regulations and guidelines, you hereby agree to indemnify and keep indemnified MoneyMatch of the same and you shall not utilise the MoneyMatch Platform for any illegal and/or unlawful activities.

    You shall be subject to our Internal Policy in line with the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (“the Act”) and all ancillary and relevant Anti-Money Laundering and Counter Terrorism Financing laws and regulations. It shall be the sole discretion of MoneyMatch to decide the following :-

    1. the suitability to onboard you;
    2. whether the order and/or transaction placed by you is in compliant with our Internal Policy and other relevant legal provisions;
    3. in the event, further documents are requested, the suitability and acceptability of such documents furnished proceed with the transaction and/or onboarding process;
    4. the acceptability of your actions and/or explanations to observe and/or adhere to our Compliance Department’s requests and/or instructions; and
    5. any other relevant decisions relating to the compliance of the relevant laws, regulations, provisions and legal frameworks.

    The onboarding and/or transaction processes may be subject to delays due to MoneyMatch’s Internal Policy. In the event a User is rejected and/or delayed, MoneyMatch shall not be held liable for any losses and/or damages caused by the stringent onboarding and/or transaction processing. Therefore, you hereby agree that MoneyMatch shall be held free from any losses and/or potential losses suffered by you relating to the failure of onboarding and/or processing of transactions.

    You shall be entitled to dispute and/or request for a review of the matters within this Clause as it is solely within the discretion of the Senior Management and/or Compliance Department of MoneyMatch.

    MoneyMatch is also not responsible for any error, omission, interruption, deletion, defect, delay in operation or transmission, communications line failure, theft or destruction, unauthorized access to, or alteration or, use or member communications, or any problems or technical malfunction of the Website, any telephone network or lines, computer online systems, servers or providers, computer equipment, software, failure of e-mail or players on account of technical problems or traffic congestion on the internet and/or Website.

  5. General

    Severability

    If any provision in these terms are held to be invalid, void, or unenforceable, such provision (or the part of it that is making it invalid, void or unenforceable) will be struck and not affect the validity of and enforceability of the remaining provisions.

    Jurisdiction

    The Terms and Conditions of this Campaign are governed by the laws of Malaysia and all disputes are subject to the exclusive jurisdiction of the courts of Malaysia.

    Warranty Disclaimers; Limitation of Liability

    Your participation in this Campaign is at your own risk. This Campaign is made available to you on “as is” basis without warranty of any kind, express or implied. neither MoneyMatch nor any of its affiliates, through these terms, makes any warranty regarding the Campaign and each expressly disclaims all warranties, express or implied, including without limitation warranties of merchantability or fitness for a particular purpose. In no event shall our business, its parent or any of their respective affiliates be liable for special, indirect, consequential or incidental damages or damages for loss of profits, revenue, use, or data as a result of claims, whether brought in contract or tort, arising out of or connected with these terms or the Campaign, even if you have been advised of the possibility of such damages.

    Saving Provisions

    MoneyMatch reserves the rights to alter, amend, vary and/or change the terms of this Campaign at its sole discretion at any time without prior notice. Any such alterations, amendment, variations and/or changes shall be duly notified to you in any medium deem suitable by MoneyMatch.

    In the event of any disputes directly or indirectly arising from this Campaign, the decision of MoneyMatch shall be final.

  6. Definitions

    “Cumulative Transaction Volume”shall mean the transaction volume to which a Verified Boost User who have been successfully onboarded onto the MoneyMatch Platform within 90 days from the Account Verification Date.

    “Applicable Period” shall mean the 90 days period from the Account Verification Date.

    “Successful Transaction” shall mean the transactions which were placed by the Verified Boost User have been cleared and processed whereby the funds have been duly remitted and received by the Beneficiary of the Verified Boost User.

    “Verified Boost User” shall mean a Boost Business Merchant which has signed-up as a User of MoneyMatch and subsequently verified by Boost of the same.

    “Account Verification Date” shall mean the date to which an email is sent to the User of MoneyMatch that their account has been successfully verified.

    Any other definitions defined within the Terms of Use shall be similarly applicable here.