What is CASHlib and what do they do?
CASHlib is a digital payment solution that offers a convenient way for users to make online transactions. The platform specializes in providing prepaid vouchers and codes that can be used for online payments without requiring a bank account or credit card. CASHlib aims to facilitate secure and anonymous transactions, making it particularly appealing to users seeking privacy in their financial dealings.
The main offering of CASHlib revolves around its prepaid vouchers, which can be purchased in various denominations and are valid for online purchases across multiple businesses. Users can buy these vouchers from numerous retail locations or online vendors, and once acquired, the vouchers allow them to make payments by entering a unique PIN code during the checkout process. This method enhances the user's control over their financial information while simplifying the payment process.
CASHlib supports multiple currencies, catering to a wide range of international users. The company's core services emphasize transaction simplicity, security, and user anonymity, positioning it as a practical payment alternative for individuals and businesses seeking to minimize their exposure to traditional banking systems.
Who is it for?
CASHlib primarily serves individuals and businesses that require a private, straightforward method for making online purchases. Its services are tailored for users who may not have access to conventional banking options or prefer to keep their transactions discreet.
Particularly, it finds applications in the online gambling and gaming industry, where transactional anonymity can be of significant importance. Users can purchase in-game items, gaming subscriptions, or place bets without disclosing sensitive financial details. Additionally, e-commerce businesses may also utilize CASHlib to provide customers with a secure payment option that does not require the use of personal banking information.
Why do businesses choose CASHlib?
Businesses choose CASHlib for several verified strengths and benefits that enhance their payment processing capabilities. These include:
- User Anonymity: CASHlib allows users to make transactions without revealing their personal banking information, appealing to consumers prioritizing privacy.
- Wide Availability: The prepaid vouchers can be purchased from a variety of retail outlets and online platforms, ensuring that users can conveniently access them.
- Secure Transactions: CASHlib’s model mitigates the risks associated with credit card fraud and identity theft, as no sensitive information is exchanged during the payment process.
- Ease of Use: The straightforward PIN code entry system simplifies how users complete their transactions, making it accessible for individuals of varying technical expertise.
- Multi-Currency Support: By catering to different currencies, CASHlib enables users from various regions to participate seamlessly in online transactions.
Businesses using Corefy can simply obtain a MID from CASHlib and connect it to Corefy’s dashboard in a few clicks, without dealing with any integration work.
Is CASHlib trustworthy?
CASHlib has implemented several security measures to ensure the safe processing of transactions. The platform adheres to compliance standards necessary for operating in multiple jurisdictions. The focus on user anonymity and prepaid transactions reduces potential risks associated with traditional payment methods, contributing to a secure environment for users engaging with the service.
While specific licensing details and compliance certifications are not publicly disclosed, the operational model of CASHlib underscores a commitment to maintaining a secure framework within which users can engage in online transactions safely.
Start using Corefy’s CASHlib integration
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- Step 2
Check integration availability
Visit our Integrations Hub to see if CASHlib is already connected. - Step 3
Connect merchant account
Add CASHlib account details and credentials in Corefy’s dashboard to establish a secure connection. - Step 4
Set up routing rules
Define routing rules and logic to optimise transactions processed through CASHlib and other PSPs. - Step 5
Go live and monitor performance
Run test transactions, go live, and track your payment performance.
Methods
These methods are implemented through the CASHlib Connector and can be managed centrally in your Corefy dashboard
Payments
1Currencies
Currencies in which the provider accepts payments or makes payments and which are sold by us.
Flows
Provider flows implemented by us. A payment transaction flow is the journey of payment from start to approval and credit funds.
Features
CASHlib Connector supports the following capabilities when integrated via Corefy.