SelfBank Mobile Knowledgebase

What are the key benefits of using SBM?

Some of the key benefits for all accounts (Mi, Mi-VIP, Mi-BIZ, & Mi-ISO) are:

1 – Buy items using your mobile phone or PDA.
2 – Send Money to family and friends fast, easy and securely using your mobile phone or PDA (at a fraction of the normal cost).
3 – No credit? No problem. Everyone is pre-approved for a SBM Account.
4 – All you need is a mobile phone or PDA that can send text messages (SMS) or access the Internet (WAP).
5 – Pay no transaction fees when making purchases using M-Commerce.
6 – Receive cash back (1.25%*) on all your purchases made at participating SBM Rewards participating merchants.
7 – Refer all your family and friends to SelfBank Mobile and get affiliate bonuses.

Some of the key benefits only for merchants are:

1 - Attracts new customers from our membership base.
2 - Gives your business a competitive edge over others who do not accept it.
3 - Pre-register now to be amongst the first merchants to accept M-Commerce payments in your area and get a guaranteed interchange rate of $0.25 + 2.5%.
4 - 100% Zero charge-back guaranteed!!! (Using M-Commerce).
5 - Real time payment & depositing (Using M-Commerce).
6 - Everyone is pre-approved for a SBM merchant account.
7 - Helps with customer retention. Making your customer feel privileged.
8 - Rewarding a customer with cash back incentive (% discount) stimulates larger purchases and repeat purchasing.
9 - Current customers will start referring other potential customers, for their own personal gain. Refer to our affiliate program for more details.
10 - Enjoy an enhanced and inexpensive consumer loyalty program. Unlike traditional programs like Air miles or Aeroplan, you do not need to pre-purchase points, miles or products like toasters. The more your customers use the program, the less expensive it is.
11 -Start advertising to our current consumer base for FREE, through our merchant directory.Your                advertisement fee is included in your sign up and monthly account fees.
12 - Participate in the SBM Affiliate Program by referring other Merchants and Users to the program. You can also start earning Equity and Net Profit Sharing within our company. Profit from all the purchases made by your Referred Users, even when they shop at other Merchants, even your competitors. We also allow our participating Merchants to sell other SBM Mobile & Rewards approved products and services at their locations. Refer to our SBM Merchant Affiliate program for more details.
13 - Be cutting edge in the P2B payment industry. Get ahead of the curve




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Last Updated
15th of January, 2010

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