MUSCAT, 03 December 2012 – The first weekly prize draw of the 3rd Bank Muscat Shopping Festival was held at the bank's head office in which 30 winners, including citizens and residents, won RO 300 each. Spreading the festival cheer, Bank Muscat has lined up five weekly draws offering RO 300 each for 150 winners. Thirty winners will be selected every week and a total of RO 45,000 will be given away in prize money during the 41-day shopping extravaganza which runs till 31 December.
The mechanism for the weekly draw is that for every Bank Muscat card transaction worth RO 10 spent at participating merchant outlets, customers get a chance to win. Each transaction is equal to one chance, thus the more they use their card, the better their chances to win. Entries for the draw will be captured electronically.
For the third year, the festival is supported by Visa International. Extending a strong support to the government's e-Governance initiative, the festival encourages customers to pay by cards, underscoring the fact that payment by cards is both convenient and secure. More than 250 brand partners and over 500 outlets are participating in the festival.
Tariq Atiq, Assistant General Manager - Cards & e-Banking, said: “We are greatly encouraged by the strong response to Bank Muscat Shopping Festival conceived as a unique shopping, leisure and entertainment event. The festival is all set to achieve the anticipated objectives in a way that serves the interests of our customers and contribute towards strengthening the culture of e-Payment in the Sultanate."
Mohammed Said Salim Khawar, one of the prize winners, said: “I am delighted to win this attractive prize from Bank Muscat. This is an exciting scheme offering a rewarding experience, reinforcing the benefits of convenience and security that using electronic payments provide for Bank Muscat cardholders. The festival has created an exclusive opportunity for the bank customers to benefit from promotions and offers at over 500 participating outlets, including prominent hyper markets, shopping malls, retail outlets, hotels, restaurants and much more, and also win attractive cash prizes."
Conceived as a family affair for Bank Muscat cardholders, the unique shopping, leisure and entertainment event is a great example of the bank's commitment to encourage the use of electronic payments in Oman. Targeted at over 1.5 million Bank Muscat cardholders, the festival is unprecedented in its scope with attractive weekly prizes, special offers and discounts at all participating outlets. Customers shopping with Bank Muscat cards can benefit from up to 85 per cent discount offered by these outlets.