CashU is a popular online deposit method used in the Middle East and North Africa among a large and young population who do not have access to viable credit/debit cards. CashU thrives as being the number 1 payment method used for the online trading, gambling and gaming payment solution in the region. It allows traders to deposit funds to their accounts without the use of credit cards or banks.show more
The payment method was established in 2002 and has since made quite the name for themselves by serving nearly 2.3 million active consumers. The deposit method is accepted by over 75000 merchants across the MENA region and is accepted by over 7000 online merchants around the globe. As well, CashU has proven themselves to be a reputable and trustworthy payment solution and has thus become licensed and regulated from the Monetary Authority of Singapore (MAS). In addition to this, CashU is registered by TECOM in Dubai Internet City, Dofaa for technologies in Jordan, and numerous other licensing and registrations are being pursued and achieved.
CashU Prepaid – The most common method of payment method among CashU users is the Prepaid method. This method is based on an e-wallet concept in which traders fund their wallets prior to purchase from merchants or deposits to online accounts.
Pay at Store – This method is an offline payment method which would not be used by traders depositing funds to their account.
Pay at Home – Another method not commonly used by traders is the pay at home method. This method is a premium service in which the online brokerage would have someone collect the payment from a person’s home on behalf of the broker.
Using CashU as your preferred deposit method is very simple. For traders wishing to fund their trading account with CashU, it is recommended they fund it through their CashU Prepaid payment method. The following is a step by step on how to complete a deposit via CashU Prepaid.
Keep in mind, your CashU E-Wallet account must be preloaded with sufficient funds for the deposit to work.