1- What does the promotion consist of?
The loyalty program is a program in which the user will accumulate points, called Airpoints, for transactions made on the platform. The monthly point total will qualify a user for a level, and according to that level, the user will receive benefits as detailed below.
2- How long is the promotion valid?
The loyalty program will be valid from November 1st, 2022, until Airtm informs the end of the promotion.
3- In which countries will the promotion apply?
The loyalty program is valid for users residing in Argentina, Colombia, Venezuela, Brazil, Ecuador, India, Bangladesh, Kenya, Pakistan, and Nigeria.
4- What conditions must be fulfilled?
- To participate in the loyalty program, it is a requirement that the user has a verified account and receives an invitation via email.
- The user's level will be calculated monthly based on their activity during the current month.
- The prize cannot be exchanged for cash or any other asset or compensation other than those provided in these Terms and Conditions.
- To receive the benefit, it is mandatory for the user to accept the points exchange that it will receive through email at the end of the month. The user has until the 7th of each month to confirm the exchange. If the corresponding benefits are accepted, they will be credited to the user's account within 10 days.
- The program’s points will reset to zero (0) on the first day of each month. If the user has not confirmed the exchange from the previous month before the 7th day, the points will be lost, and will not be recovered.
- The points will serve as tickets to participate in Airtm's monthly giveaway. Please see the terms and conditions for our monthly giveaway here.
- Transactions will earn points in the following way:
- Adding funds (50 AirUSD = 1 point);
- Withdrawing funds (50 AirUSD = 1 point);
- Sending money within the platform (4 transfers = 0.5 points);
- Paying partners (4 transactions = 0.5 points);
- Inviting users (1 referral = 3 points).
- All transactions made will count towards the bonus multiplier. The multiplier will bring the following benefits:
- If you make more than 4 transactions in a month, your points will be multiplied by 1.1.
- If you make more than 9 transactions in a month, your points will be multiplied by 1.2.
- If you make more than 20 transactions in a month, your points will be multiplied by 1.3.
- There may be special promotions to add extra points. When a promotion adds points to this Rewards program, Airtm will indicate it in the respective terms and conditions.
5- What do the Benefits consist of?
According to the amount of points that the user accumulates in the month, Airtm will assign a level by which you can access certain benefits:
- AirBronze: From 1 to 10 points.
15% of the points will be converted into tickets for the monthly giveaway.
- AirSilver: From 11 to 50 points.
Receive 1% cashback on Airtm's fees.
25% of the points will be converted into tickets for the monthly giveaway.
- AirGold: From 51 to 150 points.
Receive 2.5% cashback on Airtm's fees.
40% of the points will be converted into tickets for the monthly giveaway.
- AirPlatinum: More than 150 points.
Receive 5% cashback on Airtm's fees.
50% of the points will be converted into tickets for the monthly giveaway.
6) How and when the benefit will be paid?:
The benefit will be paid monthly, between the 1st and 10th of each month, to users who have accepted the points exchange and comply with the established terms and conditions. The benefit will be credited according to the points computed in the previous month.
7) Additional Conditions:
- The promotion applies to individual accounts and is void where prohibited by local law.
- We reserve the right to disqualify any participant suspected of violating these rules or engaging in fraudulent transactions.
- Only verified individual accounts (not corporate, ambassadors, influencers) will be eligible as winners.
- Airtm will not be responsible for delayed delivery of benefits, differences in point calculations, and/or any claims associated with this benefits program.
- Airtm may modify these rules by simply posting the new instrument on the website to consider users notified.