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  Announcement

August, 2019
  August 29, 2019 Last Auction Reminder!
July, 2019
  July 23, 2019 Attention: Last Grand CVP Auction!
September, 2018
  September 1, 2018 Important Update: Only OTP Required for eRC Transfer Transactions!
May, 2018
  May 18, 2018 Travel Incentive 2018 – 3D/2N
  May 15, 2018 New Terms & Conditions for e-Redemption Coupons (eRC) Transfer Effective 1st June 2018
December, 2017
  December 22, 2017 “One-time Password” (OTP) System Launching Soon
June, 2017
  June 14, 2017 Transfer of e-Redemption Coupons (eRC)
January, 2014
  January 3, 2014 New eCosway Initial Profit Qualifications for BOs
 
 
 
 
Date : August 29, 2019

Last Auction Reminder!

Last Auction Reminder!

Our Card Value Points Auction will come to an end, with the upcoming August 40th CVP auction being the last. This is the final opportunity to utilise all your CVPs in this auction which begins from 1st September 2019 onwards. After this auction, Card Value Points will be rendered unusable. Please do not miss out on this opportunity to place your bids.

The Management
eCosway.com

 

 


 

Date : July 23, 2019

Attention: Last Grand CVP Auction!

Headquarters in Malaysia Closed for Public Holidays

Header

The upcoming 40th CVP auction on August 1, 2019, will be our Last Auction.

To mark Cosway’s 40th anniversary and final auction, we have lined up more exciting products than usual. Get ready to bid!

Minor changes will be made to the auction’s bidding rules and minimum bids for each prize apply, hence members are urged to use ALL AVAILABLE CVPs in this last auction.

In the event of a tie for the highest bid, the earliest bid received by the company shall be the successful bid as stipulated in the current rules and regulations.

Please do not miss out on this last opportunity to place your final bids!

The Management
eCosway.com


 

Date : September 1, 2018

Important Update: Only OTP Required for eRC Transfer Transactions!

Cosway Gift Card – The Smarter Way of Gifting

Only applicable for Malaysia

Effective September 2018, e-Redemption Coupons (eRC) transfer transactions will only require One-Time Password (OTP). The additional Secure Pin feature will be dropped. Therefore, members are strongly advised to update their mobile number to the most recent one in order to successfully complete their transactions.

The Management
eCosway.com

 


 

Date : May 18, 2018

Travel Incentive 2018 – 3D/2N

Travel Incentive 2018 – 3D/2N

Only applicable for Malaysia and Singapore

Travel Incentive 2018 – 3D/2N

Dear IBOs,

We are pleased to announce this year’s travel incentive for Cosway members and eCosway IBOs. Win yourself a fully paid 3D/2N trip for one! All you need to do is achieve bonus and profit of RM1,800/ SGD600 for 3 months consecutively or an accumulated bonus and profit of RM5,400/ SGD1,800 within 3 months.

Qualifying period: 1st May 2018 – 31st July 2018

With this incentive, we look forward to rewarding all our Cosway members who achieve consistent bonuses and profits as stipulated.

For any Cosway member who is also an eCosway IBO, and vice versa, bonuses and profits earned from BOTH Plans for the corresponding period may be combined to achieve the accumulated target amount.

Terms & Conditions:

  1. The company reserves the right to amend, revise, suspend or extend the incentive.
     
  2. The actual date(s) of the trip and destination(s) are subject to change and shall be at the sole discretion of the company.
     
  3. Tickets won are not transferable or exchangeable for cash.

Thank you,

Cosway Team

 

 


 

Date : May 15, 2018

New Terms & Conditions for e-Redemption Coupons (eRC) Transfer Effective 1st June 2018

New Terms & Conditions for e-Redemption Coupons (eRC) Transfer Effective 1st June 2018

Only applicable for Malaysia and Singapore

Dear Business Owners/ VIP Shoppers,

New Terms & Conditions for e-Redemption Coupons (eRC) Transfer Effective 1st June 2018

Since 15th June 2017, members have been able to enjoy the convenience of eRC transfers via their Online Office. With this feature, members can share and / or receive eRC to be used for redemption of a wide array of products from our ever popular Redemption Programme.

We would like to announce the new terms and conditions to using the eRC feature. All the following terms and conditions will take effect starting 1st June 2018.

  1. 1 eRC will be deducted for every block of 20 eRCs transferred for as administrative transfer "charges".



    Example: Member A has made a transfer of 30 eRC. Hence system will deduct 2 eRC as the administrative transfer "charges". Total eRC deduction will be 32 eRC.
     
  2. Members can only transfer eRC from a Cosway membership to an eCosway IBO/VIP Shopper and vice versa if they hold both Cosway and eCosway memberships. This is only meant for eRC transfer to/from their own accounts with the same Identification Number.
     
  3. Both the transferor and recipient must hold valid or unexpired memberships. However, should the transferor's membership expires; the transferor is only allowed to transfer eRCs for another 2 months.

Frequently Asked Questions:

  1. Q: Are Secure PIN or One-time Password (OTP) required to transfer eRC?
    A: YES
     
  2. Q: Must the recipient be under my eCosway network?
    A: No, there is no restriction; you can transfer eRC to any member you like, from any eCosway network as long as they have a valid member ID.
     
  3. Q: Is there any limit to the number of eRC that I can transfer?
    A: YES, a maximum of 100 eRCs a day.
     
  4. Q: Is there any minimum number for eRC transfer?
    A: NO
     
  5. Q: Will the transfer be instantaneous and will the recipient be able to utilise the eRC immediately?
    A: YES

For an illustrative guide on how to transfer eRC, kindly click here

Thank you,

The Management
eCosway

 

 


 

Date : December 22, 2017

“One-time Password” (OTP) System Launching Soon

“One-time Password” (OTP) System Launching Soon

Only applicable for Malaysia

Dear Members/ Business Owners/ VIP Shoppers,

Effective 1st January 2018, the “One-time Password” (OTP) system for authorisation of specific transactions will be implemented. This “One-time Password” (OTP) is an additional security option to bolster the security of members’ transactions on top of the existing Secure PIN function.

For all the existing transactions that require Secure PIN, members now have the additional option to choose to complete the transaction by using OTP. The OTP system will send a unique OTP to members via SMS to the mobile phone number registered in our system. However, members are still allowed to use their current Secure PIN to perform certain transactions if they choose to do so.

In our previous announcement, we urged members to update or change their mobile phone number to the most current and accurate one via Online Office by 31st December 2017. When the OTP system is implemented, members will no longer be able to update their mobile phone number via their Online Office. Instead, members can only update their most current and accurate mobile phone number by contacting our Customer Service personnel via Message Centre in Online Office.

With this new feature in place, you can shop with peace of mind, knowing the security OTP SMS will only be sent to the intended receiver when it is triggered.

Thank you.

The Management
eCosway

 

 


 

Date : June 14, 2017

Transfer of e-Redemption Coupons (eRC)

Transfer of e-Redemption Coupons (eRC)


Only applicable for Malaysia and Singapore

Dear eCosway IBO/VIP,

Since the introduction of eRC on 1st January 2017, we have received numerous requests from members to allow transfer of eRC to other members similar to the previous physical coupons.

We are pleased to announce that effective June 15, 2017, members will be able to transfers their eRCs through their online office.

With this feature members can share and / or receive the benefit of eRC for redemption in our ever popular Redemption Programme.


Guideline and FAQs:-

• Is Secure PIN required to transfer eRC? YES.

• Must the recipient be under my network? NO, there is no restriction; you can transfer eRC to any member you like, whether in or out of your network as long as they have a valid member ID.

• Can I transfer eRC from a Cosway membership to an eCosway IBO/VIP shopper and vice versa? YES. (Please note, from 1st January 2018, this is only allowed if you hold both Cosway and eCosway memberships and only for transfer to/from your own accounts.)

• Is there any limit to the number of eRC that I can transfer? YES, a maximum of 100 eRC a day.

• Is there any minimum number for eRC transfer? NO.

• Will the transfer be instantaneous and the recipient is able to utilize them immediately? YES.

• Must the transferor and recipient both hold valid (unexpired) memberships? YES. (However, transfers are still allowed if the transferor’s membership has lapsed as long as it is still within the grace period of June 15 until July 31, 2017.)


Kindly click here for an illustrative guide on eRC transfers.

Thank you.

The Management
eCosway





 

Date : January 3, 2014

New eCosway Initial Profit Qualifications for BOs

Only applicable for Malaysia, Singapore & Brunei

Effective 1st January 2014, eCosway Initial Profit Qualifications for Business Owners (BOs) will be amended as follows:-

New Initial Profit Qualification of eCosway Business Owners

Malaysia, Singapore, Brunei
eV* required

QU

Profit Centre

DP

Branch Override

BPI EI

Qualification Period

15 eV 10 1 v v - - 60 days from joining
50 eV 30 1 v v 1 1 60 days from joining
100 eV 60 1 v v 3 3 60 days from joining
500 eV 300 1 v v Unlimited Unlimited 180 days from joining

*No RP rewarded on eV sets.

These changes are in conjunction with the launch of the "Smart Consumer Program" and to:-

  • Enable BOs to accumulate their 500ev from eV sets either upon joining or within 180 days from date of joining

  • Allow all BOs to buy the eV set(s) for even monthly maintenance purposes

    (BOs who purchase 15eV sets for maintenance purposes, please note that each 15eV set generates only 10QU. BOs are advised to make sure that there is sufficient QUs for the month required for their desired profits. The new 15eV sets will be available in the system from 6th January 2014)

Wishing all our Members a very Happy and Prosperous 2014!

The Management
eCosway.com


 

 
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