CashU

CASHU is a prepaid online and mobile payment method available in the Middle East and North Africa, a region with a large and young population with very limited access to credit cards. Because of this, cashU has become one of the most popular alternative payment option for young Arabic online gamers and e-commerce buyers.

cashU was established in 2003 by Maktoob in Amman, Jordan but when Yahoo! acquired Maktoob in November 2009 the ownership of cashU was transferred to Jabbar Internet Group.

Today cashU has established offices in Dubai, Amman and Cyprus. cashU uses courier companies in the UAE to collect cash from customers.

cashU is mainly used for paying for online games, VoIP, matrimonial, IT services, FX trading and download of music and software. They have a strict policy to not accept merchants providing gambling and sexual content. cashU also provide a parental control feature allowing parents to limit and control where their kids spend money online.

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    This article is issued from Wikipedia - version of the Tuesday, May 12, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.