1% Retailer Reload Commission (formerly Dealer's 1% Outright Commission)

May 16, 2021 3:18 PM

This is to inform that the "Dealer's 1% Outright Commission on Dealer Wallet (DW) Sales" will now be replaced with "1% Retailer Reload Commission". Details are as follows;

Existing (1% Dealer's Outright Commission):

- Example if 3,000 Dealer Wallet (DW) Purchase.

- Dealer receives outright of 1% (P30).

- Total Dealer Wallet Received is 3,030 DW.

NEW (1% Retailer Reload Commission):

- Example if 3,000 Dealer Wallet (DW) Purchase.

- 3,000 Dealer Wallet must be sold or converted to

Retailer Load Wallet (LW).

- After sale or conversion (DW to LW), then the 1% Retailer Reload

Commission (RRC) or in this case, 30 RRC, shall be received.

- The 1% Retailer Reload Commission amount can be sold to retailers.

This will be implemented on, May 17, 2021.

Thanks