Key Data

• • Trading Name: CASHU
  • Legal Entity: CashU Inc.
  • Activities: online payment method
  • Location: The British Virgin Islands

Company Name: CASHU
Legal Entity: CashU Inc.
Activities: Online payment method
Location: The British Virgin Islands

CASHU is an established online payment method primarily operating in the Middle East and North Africa (MENA) region. Founded in 2002 by Maktoob.com, it serves nearly 2.3 million consumers and collaborates with over 75,000 merchants across the MENA region.

Offerings:

CASHU facilitates online transactions for consumers, allowing them to fund their accounts and make purchases at participating merchants. For international merchants, CASHU offers access to millions of shoppers in the MENA region, providing an opportunity for business growth and expansion.

Security Measures:

CASHU employs technically advanced fraud prevention and anti-money laundering (AML) systems to mitigate risks associated with online payments for both buyers and merchants, ensuring a secure transaction environment.

Customer Reviews:

Despite its extensive reach and offerings, CASHU has received poor reviews on Trustpilot, with a rating of 1.6 stars based on over 300 reviews. These reviews may indicate potential concerns regarding customer satisfaction, service quality, or other issues.

Compliance Assessment:

While there are no identified negative factors within the company’s operations or provided information, the presence of significant negative reviews on Trustpilot warrants caution. As a result, CASHU is downgraded to OrangeKey Data status, indicating a need for further scrutiny and monitoring in compliance assessments.

Overall Conclusion:

CASHU operates as an online payment method in the MENA region, offering convenient solutions for consumers and opportunities for merchants. Despite its positive attributes, the company’s poor reviews on Trustpilot raise concerns, leading to its classification as OrangeKey Data for compliance purposes. Ongoing monitoring and assessment are recommended to ensure compliance with regulatory standards and mitigate potential risks.