Saudi Arabia Bans CASHU Prepaid Cards

By | October 9, 2016

Saudi Arabian Monetary Agency (SAMA) has reportedly instructed the Ministry of Commerce and Investment to set a ban on prepaid CASHU cards. Fearing that it could be misused for money laundering and terror funding, SAMA has voiced concerns over inability to properly monitor transactions via CASHU.

Even though in a blog post dated July 15th, CASHU has denied the news

“The company has stated that they are working with Saudi Arabian Monetary Agency “SAMA” to provide the highest international security standards for E-Payment for the Saudi online shoppers. The company fully abides and is compatible with the monetary system in the Kingdom and is abiding with the rules and regulations of the services which are mandatory for the agency”

However, shortly after CASHU cards have began to disappear from the markets and users were unable to access CASHU’s website.

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 CASHU was launched in 2002 by Maktoob (that was acquired by Yahoo! Later on) to provide online shoppers in 15 countries in Middle East and North Africa (MENA) with an easy payment solution other than credit cards. To start using CASHU, you only need to sign up for a free account and fund it either by visiting stores that provide top-up service or purchasing refill coupons.

CASHU can be used to purchase services and products related to games, communication and VoIP applications, IT & web hosting services and entertainment apps. CASHU has become especially popular among young online gamers. They have a very strict policy regarding merchants that provide gambling and sexual content and they provide parental control feature that allows parents to block or unblock specific merchants. That is why it’s very popular among young users and especially online gamers.

How to Unban CASHU in KSA

CASHU users are deeply frustrated, especially the ones who already had their accounts topped up. To access CASHU’s website in Saudi Arabia, you simply need to change your Saudi IP address and replace it with one from any other country. This can be achieved by using a VPN software client such as b.VPN.

How to Use b.VPN

b.VPN is a paid VPN service but it offers free daily trial for 30 minutes. Just download and install the apps on your Mac or PC and hit “Connect” button. If you would like to use the app on your iPhone, iPad or your Android smartphone download the app and sign up for an account for free and you’ll automatically get 3 days free trial.

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If you would like to use the service for a longer period, you can get a paid subscription starting from $7.5/ monthly for annual subscriptions. 1 month and 6 month packages are available as well. And the best part is that you can actually buy VPN account using CASHU.

https://www.bvpn.com/en/accounts/register/

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Just make sure that you’re using b.VPN app when you’re buying.

If free trial is over and you haven’t paid yet, you may contact online support team and ask for a longer trial period. 3 days free trial vouchers are provided upon request.