cashU is a fairly old online payment method that is mostly used in North Africa and Middle East. The purpose of this service is to provide the young people of these regions with a user-friendly and accessible payment option that can help the make purchases online, or deposit funds into different websites.
The site has been very successful since its launch in 20013, because the people residing in these regions rarely have access to debit/credit cards. cashU’s services are mostly used by e-commerce buyers and online gamers, but it is also very popular when it comes to Forex Trading, VoIP, IT services, or purchasing digital products. Keep in mind that cashU has a very Arabic focus, so it strictly forbidden to use your account to purchase sexual related content or to invest money in gambling websites.
The company was established in Amman, Jordan by a enterprise named Maktoob. However, Maktoob was purchased by Yahoo in 2009 and since then, cashU has been run by Jabbar Internet Group – a company that has control over several other franchises that are popular in Middle East and North Africa. Nowadays cashU has offices in Cyprus, Amman and Dubai, and its services are regularly used by thousands of people.
Best CashU Forex Brokers
If you haven’t used cashU’s services before, then you should know that you can’t deposit funds by using a credit/debit card. The reason for this is that this website’s focus is to provide its clients with a quick and easy way to make online payments without using a credit/debit card.
This means that if you want to deposit money in your cashU account, you’ll need to visit one of cashU’s offices which can be found in a wide range of countries. You can also use pre-paid cashU vouchers to load funds into your account.
cashU is one of the most preferred methods to deposit money into your Forex account. However, keep in mind that most brokers will only allow you to deposit money via cashU. This means that you’ll need to find an alternative way to withdraw your money. Also, don’t forget that no taxes apply when you deposit funds via cashU, but you’ll need to pay a small fee when withdrawing funds.
If you don’t have access to a credit/debit card, and you are a resident of the Middle East or North Africa, then cashU is definitely the best choice if you want to participate in the Forex market.