ABOUT US

Who we are

SYSTEMATICALLY SMASHING BANKING BARRIERS

These days, nothing about banking is simple. Sympathizing with the frustration global consumers and businesses have with banks, CashCardOne offers leading digital banking services. Although we are not a bank, we have significant banking expertise and authority to offer banking type services.  CashCardOne is redefining how people and businesses manage their money and challenging the traditional Banks and Payment companies.

Applying cutting edge technology, we give our customers anytime, anywhere solutions changing the very nature of how financial services work. Our solutions are simple and smart. Delivered in seconds not days, we are proof that in the online world, you don’t need a bank.

REGULATORY

CashCardOne PTE LTD. is incorporated under Singapore law and operates as a Stored Value Facility under the Singapore Payment Systems (Oversight) Act (2006). The CashCardOne stored value facility does not require the approval of the Monetary Authority of Singapore. Consumers (users) are advised to read the terms and conditions carefully.

CashCardOne PTE LTD offers CashCardOne accounts in EUR, USD, GBP and CHF for legal and physical persons worldwide, except for countries on the UN, Singapore and EU sanctions lists and US citizens. All accounts with deposits over SGD 1,000 (or the equivalent in EUR, USD, GBP or CHF) are subject to full AML/CFT regulations and checks.

WITH CASHCARDONE, YOUR MONEY IS SAFE. HERE IS WHY...

Being a fintech player in the market is competitive and challenging, especially when it comes to building trust. We help clients understand the security and regulatory environment we operate in and how our policies and procedures safeguard your funds and your account 24/7/365. We understand that it is a big step to link your bank account or credit card to an online application.. Your finances are your life!  You may wish to have some questions answered before you start using our application. This FAQ area aims to answer most of your questions with regard to security and regulation.  Should you wish further information do not hesitate to contact us at anytime!

ONCE I TOP UP MY CASHCARDONE ACCOUNT, WHERE DOES THE MONEY GO ONCE IT HAS LEFT MY BANK ACCOUNT/CREDITCARD?

When topping-up your CashCardOne account you should think of it as any online transaction. Your payment is processed using the latest encrypted techniques and totally safe. If you top up or deposit via bank transfer, your money will go direct from your bank via SWIFT to CashCardOne’s nominated bank. Our accounts, and the use of the funds in them, are governed by strict MAS guidelines. Client funds are segregated from CashCardOne’s own funds at all times.

HOW DOES CASHCARDONE WORK WITH THE MONETARY AUTHORITY OF SINGAPORE (MAS) ?

Under MAS regulations, CashCardOne falls under the category of a “multi-purpose stored value facility”. There are several guidelines that we need to follow in order to ensure compliance. If you would like more information you are welcome to review the MAS’s Stored Value Facility Guidelines.

IF CASHCARDONE WERE TO CLOSE DOWN DUE TO AN UNFORESEEN CIRCUMSTANCE WHAT WOULD HAPPEN TO THE MONEY IN MY E-WALLET?

Any funds in your account would be returned to you via immediate bank transfer to the bank account you have on file or, if you have a CCO Debit Card, you can withdraw all funds to your card.

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