Money Club platform Journey
The Money Club platform journey provides a gamified customer journey wherein the money clubbers start saving with a small amount of money and based on their
- Performance/transaction history and
- Verification level
They can gradually move to higher amount money clubs.
Try the product with a Pilot club
The Money club platform journey starts with a pilot club wherein 5 money clubbers contribute a maximum of ₹ 200 each daily. During the Pilot club, money clubbers go through the level 1 verification which involves basic KYC, pilot club performance and profile check.
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1st Real Club
After the pilot club, the level 1 verified money clubbers are invited to join a 6K3D club.
Club details:
- Club amount: ₹ 6000
- Total members: 10
- The maximum contribution per member: ₹ 600
- Bidding Frequency: 3 days
- Club Duration: 1 month
2nd Real Club
The next club invitation sent to the money clubbers is of the 8K3D club. The 8K3D club invitation is usually sent to the eligible money clubbers before their 6K3D club gets completed.
Club details:
- Club amount: ₹ 8000
- Total members: 10
- The maximum contribution per member: ₹ 800
- Bidding Frequency: 3 days
- Club Duration: 1 month
3rd Real Club
The next club invitation that a money clubber receives in his journey at the platform is of the 10K15D club. The 10K15D club invitation is usually sent to the eligible money clubbers before their 8K3D club gets completed.
Club details:
- Club amount: ₹ 10000
- Total members: 10
- The maximum contribution per member: ₹ 1000
- Bidding Frequency: Fortnightly
- Club Duration: 5 months
Post the 10K15D club, money clubbers keep receiving club invitations of different club amounts and frequencies based on their track record. Better the track record, higher the number of clubs and the club amounts.
