Celebrating 5 years of VALR with R500,000 in rewards!

NB: This promotion has officially ended.

We’re celebrating our 5th anniversary this year! On this occasion we are excited to launch a promotion to thank our users for their support and loyalty.

Starting from 12th April 14:00 (SAST), any user who uses VALR Pay to pay someone not yet on VALR will receive R100. There’s R500,000 in rewards up for grabs, so the more you pay your friends, the more we pay you!

How it works:

1. Pay a friend who doesn’t have a VALR account any Rand amount, either to their cellphone number or email address.

2. To claim their payment, your friend will need to open a VALR account and complete their verification.

3. Once they have a verified VALR account, we’ll pay YOU R100.

VALR Pay Promotion Ts & Cs (“Rules”)

Competition:

1. This promotional competition (“Competition”) is run by VALR Pty Ltd (“VALR”). 

2. This offer may not be used in conjunction with any other competition or promotion run by VALR.

3. The competition will end when the R500,000 prize pool has been depleted. 

How to enter:

1. To enter, Entrants must send any Rand amount via VALR Pay to someone who does not hold a VALR account, (whether or not such VALR account is verified), and who signs up with VALR as a new customer. 

2. To claim the payment from the Entrant, the recipient must open a VALR account. 

3. Once the recipient has a verified VALR account, the Entrant will be rewarded with R100. The reward will be credited in the VALR Account of the Entrant.

4. Multiple entries per Entrant are permitted. 

The prize:

1. The Entrant will receive R100 for each recipient to whom they send any Rand amount via VALR Pay, provided that the recipient has not been a holder of a VALR account previously and has successfully been verified after receiving the Rand amount via VALR Pay. 

2. The prize pool is R500,000.

3. There is an unlimited number of winners, and winners will be rewarded until the prize pool is depleted. 

Personal information:

Any personal information provided to VALR by an Entrant for purposes of this Competition will be treated in accordance with VALR’s Privacy Policy.

The nitty gritty:

1. The Competition is open to all VALR customers, except VALR’s directors, partners, employees, contractors, agents, consultants and their immediate families. 

2. Participation by all Entrants constitutes acceptance of these Rules, VALR’s Terms of Service and the VALR Pay Support Article. By entering the Competition, you represent and warrant that you meet the eligibility criteria and you agree to accept any decision made by VALR in terms of these Rules as final and binding.

3. VALR reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary the Rules without prior notice, including but not limited to canceling, extending, terminating or suspending the Competition, the eligibility terms and criteria, the selection and/or number of winners.

4. VALR reserves the right, in its sole and absolute discretion, to disqualify any Entrants from participating in the Competition and claiming rewards:

• Where VALR finds the Entrant to be party to any anticipated, suspected or actual:

• Fraud;

• Inappropriate, dishonest or abusive activities;

• Use of fake or fraudulent accounts; or

• Manipulation or violation of these Rules, or

• For any other reason as determined by VALR.

5. If you are selected as a prize winner, you agree and consent to VALR publishing your name and/or social media handle on VALR’s social media pages, and VALR may make media announcements, publications of names, photographs of any prize winner(s), provided that any prize winner(s) may expressly elect to decline this.

6. VALR will announce on its social media pages when the prize pool is depleted and the Competition has ended. No further rewards will be awarded once VALR has made such announcement. The Entrant should visit VALR’s social media pages regularly for updates.

7. These Rules will be governed and interpreted in accordance with South African law and any disputes arising from the Competition will be subject to the exclusive jurisdiction of the courts of South Africa.

Disclaimer:

1. Once a transfer instruction has been received by the Entrant to send funds via VALR Pay:

• The Entrant will not be permitted to issue an instruction to cancel the transfer instruction once the transfer instruction has been received by VALR; and

• VALR will not be liable for loss where incorrect details have been provided by the Entrant.

2. Entrants must ensure that the email address and phone number they are sending the funds to is correct, as VALR cannot reverse funds once transmitted to an account that has already been verified from a KYC perspective.

3. The use of VALR Pay is subject to VALR’s Terms of Service, and VALR will not be held liable for any loss, damage or claims of whatsoever nature suffered by an Entrant as a result of utilising VALR Pay, whether due to a transfer instruction based on incorrect details or otherwise.

Risk Disclosure:

Trading or investing in crypto assets is risky and may result in the loss of capital as the value may fluctuate.