Leap Day Giveaway (“Campaign”)

From 28 February 2024 to 13 March 2024

Terms & Conditions

1.0 Eligibility

  1. The Leap Day Campaign is open to all users of Versa’s mobile application holding a Malaysian citizenship, aged eighteen (18) and above (“User” or “Users”) subject to the Terms and Conditions herein.
  2. The following User(s) shall not be eligible for the to participate in this campaign:
    1. Permanent, contract, part-time, temporary employees of Versa Asia Sdn. Bhd. (“Versa”) and their immediate family members. “Immediate family members” is defined as father, mother, brother, sister, spouse, children and adoptive relationships;
    2. Employees of agencies, partners and consultants with ongoing engagements with Versa during the Campaign Period. 
  3. All new and existing Users with available balances of minimum RM5,000 in any funds in Versa Cash or Versa Cash-i are automatically eligible for the Campaign Prize and automatically entered to participate in this Campaign. 
  4. All new and existing Users with available balances under RM5,000 in Versa Cash or Versa Cash-i can be automatically eligible for the Campaign Prize and automatically entered to participate in this Campaign by cashing in the required Fresh Funds to meet the minimum RM5,000 available balance in either Versa Cash or Versa Cash-i respectively.
    1. For the avoidance of doubt, “Fresh Funds” means additional funds that do not originate or is not transferred from the Users’ existing Versa funds account(s), if any.
    2. Additionally, “Cash In” means completing an FPX transaction within the Versa mobile application.
  5. In the event a User is found to be ineligible or discovered to have committed fraud and/or abuse of system, and/or any other scenario deemed as fraud or abuse of system by Versa, at any point of time during or after the Campaign Period as stated below, Versa reserves the right at its sole discretion to disqualify the said User(s) and to cancel/withdraw/recall any prize granted to the User(s), failing which, the User(s) agrees and undertakes to indemnify Versa for the value and costs of such credit & incentives. Versa shall have the right to initiate any action it deem necessary against the said User(s).

 2.0 Campaign Period and Details

  1. Unless otherwise notified by Versa, the Campaign will be conducted from 28th February 2024, 0001hr (Malaysia time) to 13th March 2024, 2359hr (Malaysia time) (“Campaign Period”), both dates inclusive.
  2. Versa reserves its absolute right and discretion to vary or amend the Campaign Period at any time without prior notice and without assigning any reason whatsoever. Versa further reserves the right, without any liability on its part whatsoever, to cancel, postpone, terminate, suspend or in any other way cease the Campaign at any time without prior notice.

3.0 Campaign Reward

  1. The Campaign Prize are as follows:
Total Number of WinnersCampaign Prize
100 Total WinnersRM50 Versa Cash or Versa Cash-i bonus
  1. The Campaign Prize is open to all eligible User(s) that successfully fulfill the criteria stated in clause 4.0.
  2. The Campaign Prize will be disbursed to the winners’ preferred fund, Versa Cash or Versa Cash-i, as indicated in the prize acknowledgement form.
  3. The Campaign Prize is not transferable or redeemable or exchangeable for cash or credit of any kind. 
  4. Versa reserves its absolute right and discretion to vary or amend the Campaign Prizes at any time without prior notice and without assigning any reason whatsoever.

4.0 Campaign Mechanics

  1. To be eligible for the Campaign Prize, User(s) are required to complete the following actions:
    1. Maintain an available balance of RM5,000 in Versa Cash or Versa Cash-i by 13th March 2024, 2359hr (Malaysia time).
  2. All new and existing Users with available balances of minimum RM5,000 in Versa Cash or Versa Cash-i are automatically eligible for the Campaign Prize and automatically entered to participate in this Campaign.
  3. User(s) will only be entitled to win one (1) Campaign Prize throughout the Campaign Period.
  4. Sample scenarios as below:
NoScenariosEligibility 
1User maintains a minimum available balance of RM5,000 in Versa Cash by 13th March 2024Automatically eligible for Campaign Prize and automatically entered to participate in this Campaign
2User maintains a minimum available balance of RM5,000 in Versa Cash-i by 13th March 2024Automatically eligible for Campaign Prize and automatically entered to participate in this Campaign
3User maintains a minimum available balance of RM5,000 in Versa Cash and another minimum available balance of RM5,000 in Versa Cash-i by 13th March 2024Automatically eligible for Campaign Prize and automatically entered to participate in this Campaign
4User maintains an available balance of RM10,000 in Versa Cash and another available balance of RM5,000 in Versa Cash-i by 13th March 2024Automatically eligible for Campaign Prize and automatically entered to participate in this Campaign
5User has an available balance of RM2,000 in Versa Cash. They then complete a Cash In of RM3,000 to the same fund.

The User’s Versa Cash available balance displays RM5,000 by 13th March 2024
Automatically eligible for Campaign Prize and automatically entered to participate in this Campaign
6User has an available balance of RM2,000 in Versa Cash-i. They then complete a Cash In of RM3,000 to the same fund.

The User’s Versa Cash-i available balance displays RM5,000 by 13th March 2024
Automatically eligible for Campaign Prize and automatically entered to participate in this Campaign
7User has an available balance of RM2,000 in Versa Cash. They then complete a Cash In of RM3,000 to Versa Cash.
The User’s Versa Cash available balance shows RM5,000 after 13th March 2024
Not eligible for Campaign Prize and not entered to participate in this Campaign
8User has an available balance of RM2,000 in Versa Cash-i. They then complete a Cash In of RM3,000 to Versa Cash-i.
The User’s Versa Cash-i available balance shows RM5,000 after 13th March 2024

Not eligible for Campaign Prize and not entered to participate in this Campaign
9User has an available balance of RM8,000 in Versa Cash. They then withdraw RM1,000 from Versa Cash.
The User’s Versa Cash available balance displays RM7,000 by 13th March 2024.
Automatically eligible for Campaign Prize and automatically entered to participate in this Campaign
10User has an available balance of RM8,000 in Versa Cash-i. They then withdraw RM1,000 from Versa Cash-i.
The User’s Versa Cash-i available balance displays RM7,000 by 13th March 2024.
Automatically eligible for Campaign Prize and automatically entered to participate in this Campaign
11User has an available balance of RM8,000 in Versa Cash. They then withdraw RM6,000 from Versa Cash.
The User’s Versa Cash available balance displays RM2,000 as a result. The User makes additional Cash In(s) to increase their Versa Cash available balance to the minimum RM5,000.

The User’s Versa Cash available balance displays minimum RM5,000 by 13th March 2024.
Automatically eligible for Campaign Prize and automatically entered to participate in this Campaign
12User has an available balance of RM8,000 in Versa Cash. They then withdraw RM6,000 from Versa Cash.
The User’s Versa Cash available balance remains at RM2,000.

The User does not make any additional Cash In(s) to have their Versa Cash available balance display the minimum RM5,000 by 13th March 2024.
Not eligible for Campaign Prize and not entered to participate in this Campaign
13User has an available balance of RM2,000 in Versa Cash. They then complete a Cash In of RM3,000 to Versa Cash-i.

The User’s Versa Cash available balance displays RM2,000 and by Versa Cash-i available balance shows RM3,000 by 13th March 2024.
Not eligible for Campaign Prize and not entered to participate in this Campaign
14User has an available balance of RM2,000 in Versa Cash. The User’s Versa Cash available balance displays RM2,000 by 13th March 2024.Not eligible for Campaign Prize and not entered to participate in this Campaign
15User has an available balance of RM2,000 in Versa Cash-i. The User’s Versa Cash-i available balance displays RM2,000 by 13th March 2024.Not eligible for Campaign Prize and not entered to participate in this Campaign
16User has an available balance of RM8,000 in Versa Cash. They then withdraw RM6,000 from Versa Cash.
The User’s Versa Cash available balance displays RM2,000 by 13th March 2024. The User does not make any additional Cash Ins to increase their Versa Cash available balance to the minimum RM5,000.
Not eligible for Campaign Prize and not entered to participate in this Campaign
  1. All User(s) that successfully meet the conditions of the Campaign shall be automatically added as a participant in this Campaign and be eligible for a chance to win the Campaign Prize. From the pool of eligible Users, shortlisted User(s) will be randomly selected.
  2. Versa will make a maximum of 2 attempts to contact the shortlisted User(s) for verification and acknowledgement: once via app inbox, and once via email. In the event that Versa is unable to contact the User(s) after 2 attempts for any reason whatsoever, Versa reserves the right to select the next winner where the same process of selecting the winner will be repeated until a winner is identified.
  3. Shortlisted User(s) must complete Versa’s prize acknowledgement form before the stated deadline in said acknowledgement form before they are confirmed as winners. In the event that the shortlisted User(s) does not submit the acknowledgement form within the stated deadline, Versa reserves the right to select the next winner where the same process of selecting the winner will be repeated until a winner is identified.
  4. The Campaign Prize will be sent to winners’ preferred fund, Versa Cash or Versa Cash-i, as indicated respectively in the prize acknowledgement form. Winners can expect to receive the Campaign Prize within 60 days after the end of the Campaign. In the event of a delay, Versa will contact winners via email, app inbox message, phone call or any other means deemed suitable by Versa.
  5. Versa’s decision on all matters related to this Campaign shall be final and binding and conclusive, including the selection of the winners. No inquiries by the User(s) will be entertained. 

5.0 Miscellaneous

  1. Versa reserves the right to make further verifications and request for further personal identification details and documents, as well as the right to disqualify or withdraw the User(s) eligibility for the Campaign Prize at any time, including the period after the Campaign Prize has been awarded to the User(s), should there be any non-compliance to the agreed terms and conditions.
  2. Versa reserves the right to use the names, addresses, photographs, information and documents of the User(s) and/or winners as materials in advertisements and other form of publicity for the current and future marketing purposes from time to time without prior notice to the User(s) and/or winners and the User(s) and winners shall not claim ownership of the material. Participation in the Campaign constitutes their consent to such use, without further notice, payment, compensation or consideration.
  3. By entering or participating in the Campaign, User(s) hereby fully and unconditionally agree and accept all the Terms and Conditions herein contained and agree that the decisions of Versa regarding the Campaign and all matters relating to or in connection thereto are final, binding and conclusive. Any subsequent correspondences, protest, appeals or enquiries will not be entertained.
  4. Versa reserves the right to cancel, shorten, extend, suspend or terminate the Campaign at any time prior to the expiry of the Campaign Period without prior notice to the User(s). For avoidance of doubt, any cancellation, extension, suspension or termination of the Campaign Period at any time prior to the expiry of the Campaign Period shall not entitle the User(s) to claim any compensation from Versa for any and all losses or damages suffered or incurred by the Users as a result of the said cancellation, extension, suspension or termination. Versa  also reserves the right to amend, modify, delete or change any of the Terms and Conditions herein contained at any time at its absolute discretion without notice. Continued participation in the Campaign following any such changes and/or amendments shall constitute unconditional acknowledgement, understanding, agreement, and acceptance of such changes in respect of the Terms and Conditions.
  5. Versa shall not be held responsible or liable for any claim of loss or damage to property or personal injury or loss of life by the User(s), and/or any party resulting from or arising out of or in connection with this Campaign or the prizes given under this Campaign.
  6. These Terms and Conditions prevail over any provisions or representations contained in any brochure or other promotional materials advertised under this Campaign.
  7. Versa is the final authority to decide on the interpretation of these Terms and conditions and as to any other matters relating to this Campaign.
  8. Any queries regarding the Campaign can be directed via email to Versa’s Support team: [email protected]

6.0 Personal Data

  1. By participating in this Campaign, User(s) are deemed to have agreed and consented to the collection, processing, use, disclosure and retention by Versa of their personal data in the manner as set out in the Personal Data Notice given pursuant to at https://versa.com.my/privacy-notice/

7.0 Governing Law

  1. These terms and conditions shall be governed by and construed in accordance with the laws of Malaysia, and any disputes arising under or in connection with these terms and conditions shall be subject to the exclusive jurisdiction of the courts of Malaysia.