Telkom says it has signed a collaboration agreement with Absa which will see the bank’s\u00a0customers\u00a0receive\u00a0cash rewards when subscribing to selected ADSL Telkom contracts, and purchasing Telkom mobile prepaid airtime.<\/p>\n
Absa offers\u00a07% cash rewards when purchasing Telkom Mobile prepaid airtime through Absa Online, Absa ATMs and Absa Mobile Banking.<\/p>\n
The bank also\u00a0offers a 7% cash reward monthly when its customers subscribe to Telkom’s\u00a0ADSL contracts including the\u00a0Telkom Simple R399 package and the\u00a0Telkom Simple Uncapped R514 package.<\/p>\n
\u201cGrowing our channel footprint is key to Telkom\u2019s strategy to increase market reach and provide convenience and easy access to our products and services.”<\/p>\n
“We believe that the Absa rewards platform is a source of quality customers and that their loyalty will give us a long tenure,\u201d said Manelisa Mavuso, Telkom\u2019s MD for consumer services and retail in a statement on\u00a0Monday (4\u00a0November).<\/p>\n
The Absa Rewards programme differentiates itself from other bank rewards initiatives by offering customers real cash back for simply swiping any Absa card at points-of-sale.<\/p>\n
Head of Absa Retail Bank Arrie Rautenbach said: \u201cThis exclusive offer provides added incentive to approximately 1.35 million of our Absa Rewards members through a guaranteed monthly saving in cash rewards when subscribing to selected ADSL Telkom contracts, and even greater savings when purchasing Telkom mobile prepaid airtime through any one of Absa\u2019s digital banking channels.\u201d<\/p>\n
Absa Pebble in next pilot phase<\/strong><\/a><\/p>\n Absa ploughs R550 million in ATM upgrade<\/strong><\/a><\/p>\n