Is a prepaid online and mobile payment method designed to streamline Internet transactions for users in Middle East and North Africa that do not have a bank account or credit card.
Specific to the EMEA region, with focus on the Middle East and Africa, CashU is available for countries like: Algeria, Bahrain, Cameroon, Cote D'Ivoire, Iran, Iraq, Jordan, Kuwait, Libya, Lebanon, Saudi Arabia, UK, Oman, Qatar, Turkey, United Arab Emirates, Yemen and Mauritania.
The Dubai-based epayment company claims it doubled the amount of online transactions in 2011, handling over $96 million per year. CashU is the most widely used electronic payment provider in the Middle East and North Africa, with the exception of excluding credit cards, for online shopping.
- When placing the order, shoppers can select CashU as payment option.
- To finalize the payment shoppers must click on the Finish order button, which will redirect them to the CashU site.
- Shoppers can complete the transaction by entering their cashU credentials, either the cashU account number or their Mobile Number (with the international code, but without 00 or +), as well as the password in the form displayed to them and then authorize the payment.