Malta’s Moneybase Launches Free-Of-Charge Mobile Contacts Payments
Moneybase, the first local digital payments app, has announced the official release of its person-to-person instant payments feature – meaning Moneybase users can now send each other payments directly and free of charge through their phone’s contacts list.
“Moneybase is proudly Maltese. We are always here to support our customers. Our mission is to make their life as easy as possible and to make money simple. We do not ‘pause’ or block accounts unnecessarily. Everyone is welcome to join our community and you can call us at any time,” Alan Cuschieri, founder of Moneybase and co-CEO at Calamatta Cuschieri said after the launch.
The new person-to-person feature has received a “positive response” and development is underway for more innovative features to be added.
The app comes with three top-up options for users to add funds to their account.
Users can initiate a SEPA direct debit deposit from the Moneybase app, make bank transfers to their personal Moneybase IBAN, or use the instant top-up function to add funds from their debit or credit card. The card function is available on the Android app and will be available on IOS in the coming days.
The Moneybase app offers users the option to send and receive SEPA payments in 34 countries. Users can keep money in different currencies and also receive their salary on their account with Moneybase.
Moneybase is currently giving away free cards as part of its launch offer. Moneybase users can make contactless payments and withdrawals from ATMs worldwide. The Moneybase card also allows users to save money due to its competitive currency rates and multi-currency capabilities.
The app’s robust card features enable users to freeze, unfreeze and cancel their cards at any time, and also view their card PIN or customise their card settings for maximum security.
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