“KBZPay New Year Campaign” Terms and Conditions 

  1. “KBZPay New Year Campaign” Campaign from 29th December 2022 to 2nd January 2023. KBZPay Level 1.5 and Level 2 Customers will be able to participate and collect Gift Boxes before the rewards opening days on 31st December 2022, 1st and 2nd January 2023.
  2. KBZPay Level 1 Customers need to upgrade to Level 1.5 (or)  Level 2 first successfully and new Customers must be registered as KBZPay Level 1.5 (or) Level 2 Customer successfully to participate in this Campaign.
  3. During the Campaign period, Customers will have to collect five different Gift Boxes (Red Gift Box, Blue Gift Box, Yellow Gift Box, Purple Gift Box and Green Gift Box) to get New Year Presents. 
  4. In order to receive Gift Boxes, customers will have to complete the tasks as below.
  • Pay with KBZPay (Get 1 Gift Box by making payment with KBZPay for 1,000 Ks and above)
  • Cash into KBZPay (Cash into KBZPay for 5,000 Ks and above to Get 1 Gift Box)
  • Invite New KBZPay User (Get 2 Gift Boxes once the invitee submits as KBZPay Level 1.5 Customer registration and get 3 more Gift Boxes once the invitee gets approval by KBZPay and becomes a Level 1.5 Customer.)
  • Share this Campaign with your friends
  • Upgrade your KBZPay to Level 2 (Get 2 Gift Boxes when you have successfully upgraded to Level 2)
  1. After receiving the Gift Boxes, Customers can also get one chance to scratch and win coupons. In the scratch card, there are 
  • 200 MMK Top Up Coupon
  • 300 MMK Top Up Coupon
  • 100 MMK Gift Card Coupon
  • 200 MMK Gift Card Coupon
  • 300 MMK Gift Card Coupon   
  • 1,000 MMK Buy Goods Coupon
  • 100 MMK Buy Goods Coupon
  • 200 MMK Buy Goods Coupon
  • 300 MMK Buy Goods Coupon
  • 100 MMK Bill Payment Coupon
  • 200 MMK Bill Payment Coupon
  • 300 MMK Bill Payment Coupon

Customers will be able to know the collected Gift Boxes by checking the lighted Gift Boxes in the Campaign page. Customers will be able to check  their Coupons in “My Coupons” under “My profile”. For every usage of +1 MMK exceeding the Coupon amount, Customers will be able to use the Coupons. Customers can enjoy the Coupons within (7) days if the Customer received the Coupons on the last day of Campaign.

  1. Gift Boxes can be collected through completing the tasks, through Social Media and KBZPay Connect or through sharing and receiving between friends. Although Gift Boxes can be shared through Social Media and KBZ Connect, the shared link can only contain a maximum of 3  Gift Boxes. If the participant only has 1 Gift Boxes, it cannot be shared. If the Customer shared the Gift Boxes with his friends without scratching the cards, the receivers will have the rights to scratch the Cards together with the Gift Boxes.
  1. Customers who have collected the Gift Boxes from 29th December to 30th December can start collecting the New Year Presents at 8:00 PM on 31st December, 1st and 2nd January of 2023. Rewards will be first come first serve only. As it is first come first serve basis, Customers are encouraged to log in to their KBZPay account prior to the start of the Campaign to get the chance to open the rewards. 
  2. New Year Presents will be iPhone 14 Pro and more than 100 Million Ks Cashbacks. Winner of iPhone 14 Pro  will be reached by KBZPay via SMS and they can claim their prize by sending the email to [email protected] together with the confirmation SMS screenshot, name, NRC, and phone number. Once checked and confirmed, customers will be shared the address where they can go and claim the prize.
  3. iPhone 14 Pro present winner is required to redeem his/her prizes at KBZ’s designated place within (7) days. iPhone 14 Pro  present winner will not be available to claim these prizes after the deadline. KBZ will not be liable for any errors or damage in the prizes received by the Winner.
  1. Although the Customer collected 5 of the Gift Boxes, if the Customer does not collect the reward on 31st December at 8:00 PM, the Customer will have to wait until the next day, 1st January 2023 to open the New Year Presents at 8:00 PM. If the Gift Boxes received by the Customer are used even on the first reward day, the Gift Boxes need to be collected from the beginning for the next New YearPresent  opening day.
  2. Depending on the number of collected Gift Boxes, Customers will also be eligible to participate in the Daily Ranking List.The ranking list only includes Gift Boxes obtained from actions, Gift Boxes shared by friends are not counted.
  3. The ranking list can be viewed on KBZPay’s Campaign page in real time every day. 
  4. The rewards for the ranking list are as follows- 
  • 1st on daily ranking list – 100,000 MMK
  • 2nd on daily ranking list – 50,000 MMK
  • 3rd on daily ranking list – 30,000 MMK
  • 4th to 10th on daily ranking list – 10,000 MMK
  • 11th to 50th on daily ranking list – 5,000 MMK
  1. The final weekly ranking list winners will get the rewards directly credited to their KBZPay wallets after 7 working days of final results. Although it is stated as 7 working days, KBZ Bank reserves the right to modify such time without prior notice to the Customer in the event outside the control of KBZ Bank. 
  2. The Winner and Participants are not allowed to exchange, transfer or exchange their prize and Coupons as cash.
  3. Customers can participate in this Campaign via KBZPay app banners, notifications, KBZPay Official Account articles and invitation links from social media. 
  4. During this Campaign period, KBZPay  Customers will be entitled to enjoy the benefits stated in these Terms and Conditions, which will expire at the end of this Campaign period. Notwithstanding the Clauses herein, Customers can enjoy the Coupons within (7) days as stated in Clause (5) if the Customer received the Coupons on the last day of the Campaign.
  5. KBZ employees will not contact participants in the Campaign to ask for OTP, PIN, or KBZPay Account information.
  6. Customers are strictly forbidden to cheat in any other form or manner during this Campaign. KBZPay has the right to cancel and/or ban any Customer who is suspected to be cheating in any form and/or manner.
  7. In the event of any dispute arising between KBZPay Customers and KBZPay regarding this Campaign, such dispute will be examined carefully and finally resolved by the authorized officers of KBZPay without any prejudice to the statutory rights of the Customer.
  8. KBZPay, at any time, shall have the right to amend or cancel or terminate the Terms and Conditions and or Campaign and the benefits or features regarding this Campaign conditionally for some reasons without giving any notice. 
  9. Customer acknowledges and agrees that there is no right to receive any compensation as a result of cancellation or termination of this Campaign for some reasons and/or variation to these tTerms and Conditions without giving any notice.
  10. All normal KBZPay Terms and Conditions apply.
  11. These Terms and Conditions shall be governed by and construed in accordance with the laws of the Republic of the Union of Myanmar.
  12. KBZ reserves the right to revise initiatives introduced in response to COVID-19 and natural disasters or force majeure events at any time, as the situation evolves.KBZ will not be liable to the Customer or any other party or be considered in breach of these Terms and Conditions for a failure to perform, or delay in performing, any such obligation set out in these Terms and Conditions while those circumstances
  13. These Terms and Conditions are made in both English and Myanmar and both versions shall be equally authentic and effective. In case of any discrepancy between the two versions, the Myanmar version shall prevail.