BASE M-banxafe Belgium

Links bank card and SIM card to execute transactions like top up, payment through mobile.

Supports banking transactions: payments, check the account balance and check bank transactions. User signs up and can then initiate payment requests using mobi


Link to external site : Website for BASE M-banxafe Belgium
BASE M-banxafe Belgium
Brand
Launched in
Status
Launch
Importance
Traction
Evaluation
Uses two-sided billing system: fees are levied to both payer and payee, whereas other payment methods are offered at no charge to the payer. Payment costs 25 Eurocents per transaction, but checking balance is charge. Topup and bill payment is free.
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Account Type
Business Model

The service is quite expensive and uses a two-sided billing system: fees are levied to both payer and payee, whereas other payment methods are offered at no charge to the payer.

There are no subscription or connection charges: each transaction is billed at EUR 0.25 including VAT to the customer and EUR 0.49 excluding VAT to the merchant. The amount of the transaction is charged to the Proximus bill; the cost of the product or service is deducted from the bank account. Costs for checking the account balance or transfers are also EUR 0.25 per request.

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Class
Send Services Receive

Mobile


Account


Card


MobileBilling

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AT

BP

DC

DMT

MP

Pay by mobile
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Account


Card


MobileBilling


Mobile

Model
Who Leads?
Reach
Active Users
Registered Users
Potential Mobile Market (m)
Regulations
Persona
Purpose
Active Services
Card Type
ServicesDescription
m-banxafe users can transfer money to your account
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Channels
Payment Instruments
Cash I/O Description
Cash I/O No Of Locations
Handsets
Activating service requires 3G SIM card from Gemalto and a trip to the ATM to start off
Register/Log In
Technologies
Interoperability
Multiple MNO, Single bank
Register/Log In
RegistrationProcess
Activating service requires 3G SIM card from Gemalto and a trip to the ATM to start off
Register/Log In
Main Segment Banked
Segment Description This service is accessible to anyone having a Bancontact/Mister Cash bank card and a GSM operating on one of the three Belgian mobile telephone networks. M-banxafe therefore works for debit, credit or top-up transactions.

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