M IDEA / CASE 01
M BANK × ON-US ACCELERATION 2026
The ₮10 Billion Ambition

Ninety-seven
percent of
our card volume
is leaving
the building.

Over the last eleven months, M Bank cardholders transacted ₮239.7 billion — and only ₮5.58 billion of it was acquired on our own POS network. The rest paid interchange to competitor banks. M idea is the intervention that brings it back.

Leaking to competitors
0and counting
Live estimate since you opened this page, based on the Apr 2025 – Feb 2026 BOM run-rate of ₮21.29 billion per month. Every second on this page, M Bank forfeits roughly ₮8,213 in interchange we could have earned ourselves.
ON-US SHARE 2.33% BOM VOLUME ₮234.2B ACTIVE CARDS 67,900 MERCHANTS IN SCOPE 3,230 TARGET LIFT 11.64× BUDGET CEILING ₮500M TRIGGER ₮50,000 AVG TICKET ₮411K ON-US SHARE 2.33% BOM VOLUME ₮234.2B ACTIVE CARDS 67,900 MERCHANTS IN SCOPE 3,230 TARGET LIFT 11.64× BUDGET CEILING ₮500M TRIGGER ₮50,000 AVG TICKET ₮411K
01
The 11.64× Question

How do we lift monthly ON-US volume from ₮900 million to ₮10 billion — without burning the house down?

The answer cannot be organic. The ON-US share has crept from 1.07% in April 2025 to 3.21% in February 2026 — real progress, but an order of magnitude short of target at the current slope. A step-change requires a step-change intervention: something that simultaneously pulls cardholders toward M card tender and pushes merchants to steer them there.

M idea is that intervention. A 9-box mystery reward for cardholders triggered at ₮50,000+. A daily-settled MDR rebate for merchants that hit their monthly ON-US growth target. A monthly lottery to sustain attention. All contained within a hard ₮500 million budget envelope — with unit economics engineered to remain net-positive even at peak participation.

2.33%
Of card volume
acquired ON-US
₮234B
Paid to competitor
banks as BOM
67.9K
Active M Bank
cards in market
11.64×
Required lift to
₮10B monthly target
Read the case

Three chapters, one thesis.

Bring it back. Every tögrög. Every tap. Every merchant. Bring it back. Every tögrög. Every tap. Every merchant.
Ready when you are

The leak has a shape.
So does the fix.