Onyx generates recurring revenue through a subscription-based mobility platform that combines connectivity and payments into a single system. Revenue centers on connectivity subscriptions and payments interchange, with additional expansion through usage and membership.
Product Catalogue
The Onyx offering combines connectivity and payments into a unified product. Users subscribe to global mobile service and receive an integrated payment card within the same account.
The Onyx Card operates as a globally accepted payment method embedded directly into the platform. It enables users to transact immediately across borders, with spending and account activity managed alongside connectivity.
Connectivity is structured across regional and global plans, with usage-based extensions and optional add-ons.
Regional Plans
Regional plans serve as the primary entry point, optimized for users who spend most of their time within defined geographies.
North America | Europe | Asia Pacific
• 10GB — $29
• 25GB — $69
• 50GB — $119
Global Plans
Global plans provide uninterrupted coverage across all supported countries and capture higher-value, highly mobile users.
• 10GB — $49
• 25GB — $99
• 50GB — $179
Annual plans are priced at a 10-month equivalent, aligning upfront commitment with long-term retention.
Top-Ups
Users can extend usage through data top-ups, available in flexible increments:
• 5GB
• 10GB
• 25GB
Persistent MSISDN (Global Phone Number)
Persistent phone numbers address 2FA and OTP deliverability for frequent travelers. Onyx Mobile will launch with the following No-KYC international number offerings, adding more jurisdictions as they become available:
• +1 (United States & Canada)
• +44 (United Kingdom)
Unit Economics
Per-GB margin varies from country-to-country. Plan pricing maintains contribution margin across both regional and global tiers, with higher absolute margin concentrated in global usage.
Global plans operate within the following margin ranges:
• 10GB — 40–60%
• 25GB — 45–55%
• 50GB — 38–50%
Regional plans prioritize acquisition efficiency while maintaining margin discipline:
• 10GB — 38–58%
• 25GB — 42–56%
• 50GB — 33–45%
Margins compress to 20–30% under high-cost network exposure and expand to 55–65% in favorable usage conditions.
Payments | Onyx Visa Rewards Card
Payments operate as an integrated layer within the platform. Card issuance, wallet infrastructure, and transaction processing complement the subscription model.
Revenue is generated through:
• Interchange on card transactions
• Foreign exchange spread on cross-border payments
• Settlement and transaction flow
Revenue Model
The model combines recurring revenue with usage-driven expansion. Core revenue streams include:
• Subscription plans
• Annual prepayments
• Data top-ups
• Premium global coverage
• Payments activity
Blended Economics
Revenue expands as users move from regional entry plans into global usage and payments activity.
• Entry ARPU: $30–70 per month
• Expanded ARPU: $80–140 per month
• High-mobility users: $120+ per month
Contribution margin: 40–60%
Membership
Membership introduces a premium layer that expands the value of the Onyx platform beyond connectivity and payments.
Users access a structured set of benefits tied directly to their subscription and card usage, designed to support a global lifestyle.
Membership tiers include:
• Core
• Explorer
• Elite
Each tier increases access to real-world benefits and partner services, including:
• card-spend points multipliers
• global airport lounge access
• health and wellness platforms
• airport transfers and travel services
• curated partner experiences
Higher tiers expand access and improve the overall experience while increasing revenue per user.
Membership strengthens retention, increases engagement, and integrates the platform into daily life beyond connectivity.
Economic Controls
Margin and performance are maintained through a defined set of controls:
• Regional pricing segmentation
• Premium positioning on global plans
• Top-up pricing above bundled rates
• Annual subscription incentives
Scalability
Telecom pricing improves with volume. Payments scale with transaction activity. Top-ups expand margin. Membership increases revenue per user.
Summary
Subscription revenue anchors the system, while payments and membership expand revenue per user as engagement deepens.
The product structure drives progression from regional entry plans to global usage, increased transaction volume, and higher-value membership tiers. Each layer compounds revenue without introducing operational complexity for the user.
As the network grows, usage, payments activity, and membership participation reinforce one another, increasing retention and lifetime value across the platform.