KashApp is a totally independent mobile payments app that would allow its users to pull money from any of the 34 banks into their respective mobile wallets. Kashapp is a free, easy to use, convenient, and secure alternative to cash transactions.
Kashapp's wallet would allow user to recharge their mobile phones, make online and regular purchases, pay bills, transfer and save money, and manage their loyalty programs - all from a single app on their smart phones. Kashapp would be integrated with various e-commerce sites as the primary source of payment and with banks as their digital financial services partner.
Merchants would benefit from the payment gateway provided by the payment gateway and invoicing management solutions offered by Kashapp. Collection of payments would become easier and less costly because of no interchange fees typically charged by international payment solution providers. KashApp will become the preferred payment solution for merchants as it would allow for real time online settlement and would have a merchant discount rate substantially below that charged by International card providers.
Kashapp promises to be the new gold standard in digital payments for users and merchants with zero transaction fees and bank-grade security.