New cashback promotion on BOV bill payments

Published by
The Malta Business Weekly

Customers are increasingly embracing the benefits of digital banking, choosing digital solutions that provide more security and flexibility in their day-to-day banking experiences over traditional banking methods.

In support of this growing trend, Bank of Valletta has just launched a Bill Payment Promotion, whereby customers who pay their bills through the ‘Pay A Bill’ function on BOV Internet Banking or BOV Mobile Banking throughout April and May, have the chance of winning a cashback of up to €300 on their bill payment. Customers can participate in this promotion by registering their interest through the Bank’s website on https://www.bov.com/content/win-up-to-300-back-on-your-next-bill?fbclid=IwAR3s0s0UYMLIaZA9uGG4kHKIdsOm-rfzbyhGd9r5AeEvq6Io5n5ros2L3do  or through the Bank’s social media channels and effecting one or more bill payments. Ten (10) lucky winners will benefit from this promotion (terms and conditions apply).

Through BOV’s digital offering, customers can manage their finances in an easy, convenient and secure way, wherever they are. “Our digital solutions reduce the inconvenience of paying by cheque and at the same time provide customers with easy access and flexibility”, said Kenneth Farrugia, Chief Retail Banking Officer at Bank of Valletta. “The BOV Internet and Mobile Banking products are tailored in a way that enable customers to manage their finances without having to visit branches or issue cheque payments, while keeping track of their finances and spending patterns.”

Three key services of the Bank’s digital offering are the payment of bills, payment through standing orders and mobile top-ups. The ‘Pay a Bill’ function on BOV Internet and Mobile Banking allow customers to settle their bills with entities such as insurance companies, water and electricity firms, schools and telecommunication companies, without incurring any additional costs. With the ‘Standing Order’ feature on BOV Internet Banking, customers need not worry about missing any payments as this happens automatically once the standing orders have been set. The ‘Mobile Top-Up’ function on BOV Mobile is becoming increasingly popular. An increasing number of BOV customers have ditched the old way of topping-up mobiles since they have the option to top up their mobile by any amount up to €50 without having to download any other apps.

“Migration of customer traffic to electronic channels is a key element of BOV’s long term strategy. We believe that the future of banking is based on digitalised solutions that enable customers to manage their finances in hassle-free, flexible and convenient ways,” concluded Kenneth Farrugia.

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.

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