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M Points Wallet

M Points Module Of Mfadirect

This document describes the M Points offer of MFA Direct along with the various terms and conditions attached to it. Please go through the entire document in detail to understand the same. M Points generation, redemption and expiry will be in compliance with this document.

1. Definitions :-

M Points: The Company will come out with offers which will generate points in the M Points wallet of the person purchasing the offer. These points can be used to claim discounts on future purchases of products of MFA Direct or various offers which the Company may come out from time to time. A few offers may generate points for the seller of the offer as well which once credited to the M Points wallet of the seller can be used as detailed herein. The Company reserves the right to reduce the M Points available in the wallet if the distributor does not utilize the same in terms of this document or does not comply with the terms set forth in this document. M Points cannot be converted into cash under any circumstances and can only be used as described in this document. The company reserves the right to stop issuing M Points at any time.

M Points wallet: An online ledger of points generated by purchasing or selling the various M Points offers of the Company. This online ledger will display the available balance and will track the generation of M Points and their redemption.

2. M Points Generation :- M Points can be generated only by a distributor enrolled with MFA Direct. The M Points can be generated by the ways mentioned hereinunder :

3. M Points redemption :- The M Points available in the wallet of a distributor can be used in the following ways :

IN NO CASE WHATSOEVER M POINTS CAN BE CONVERTED TO CASH. MPOINTS CANNOT BE TRANSFERRED OR ASSIGNED UNDER ANY CIRCUMSTANCES.

4. M Points expiry :- The Company reserves the right to expire the points available in the M Points wallet of the Distributor if the Distributor does not utilize the same or does not comply with the terms and conditions of this M Points offer. In case a distributor is terminated or resigns, his M Points wallet will be immediately expired and all the points so generated will be reverted back to the Company.

5. Current Offers, M Points, redemption rates and expiry conditions :- The Company will keep updating ANNEXURE A of this document with offers, products on which M Points are available, the redemption rates and product/s or offer/s on which redemption is available and to whom and also the expiry process. The distributors are advised to check ANNEXURE A for the latest communication by the Company in this regard.

OTHER TERMS AND CONDITIONS

ANNEXURE A – APPLICABLE FROM 18TH JANUARY 2019

A. M POINTS GENERATION OFFERS

OFFER TYPE OFFER M POINTS
First Invoice M Points Offer Buy CMD worth 3000 PV Total amount of DP of CMD purchased will be credited as M Points to the wallet
First Invoice M Points Offer Buy CMD worth 4000 PV Total amount of DP of CMD purchased will be credited as M Points to the wallet
First Invoice M Points Offer Buy CMD worth 5000 PV Total amount of DP of CMD purchased will be credited as M Points to the wallet
Direct Sales offer for new distributors i.e. people who have joined under M Points offer Out of your total sponsors, if any 2 direct partners buy the First Invoice offer as above, you get M Points. These 2 direct partners should do the purchasing within 15 days from the date of your first invoice. The average purchase value of the specified direct partners will be credited to your M Points wallet as soon as the 2nd Direct partner purchases the offer.
Direct Sales offer for old distributors i.e. people who have joined before the M Points offer became applicable ponsor 2 new people who buy the First Invoice Offer as above, you will generate M Points. These 2 direct partners should do the purchasing before 28th February 2019. The average purchase value of the specified direct partners will be credited to your M Points wallet as soon as the 2nd Direct partner purchases the offer.
New Year Cash Back Points Bonanza All distributors who are enrolled with MFA Direct and have purchased any product of MFA Direct at least once. 6798 M points will be auto-generated in your M Points wallet. If you fail to redeem ANY M Points within 60 days of their generation i.e. by 15th March 2019, the M Points so generated will be forfeited by the Company.

PLEASE NOTE : The M Points generation on purchasing by your direct partners is valid only for 2 direct partners. If any more direct partners purchases the first invoice M Points offers, the same will not be valid for M Points generation to the sponsor.

B. M POINTS REDEMPTION

TERMS OF REDEMPTION REDEMPTION PERCENTAGE
For New Distributors i.e. who have joined after 18th January 2019 – When you introduce a direct who purchases any First Invoice M Points offer 10% of the total invoice value at Distributor Price can be paid using M Points wallet of the sponsor distributor.
For New Distributors i.e. who have joined after 18th January 2019 – When you purchase products worth 2000 PV in one invoice from your second invoice onwards 5% of the total invoice value at Distributor Price can be paid using M Points wallet
For Old Distributors i.e. who have joined and activated before 18th January 2019 – When you introduce a direct who purchases any First Invoice M Points offer 10% of the total invoice value at Distributor Price can be paid using M Points wallet of the sponsor distributor.
For Old Distributors i.e. who have joined and activated before 18th January 2019 – When you purchase products worth 2000 PV in one invoice 5% of the total invoice value at Distributor Price can be paid using M Points wallet

C. M POINTS EXPIRY CONDITIONS:-

M Points generated will expire if not utilized as above or as per the terms and conditions given below :

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