Cash Door is a mobile payment and money transfer platform that facilitates secure domestic and international financial transactions. Its user-friendly app simplifies sending and receiving money, aiming to make financial services more accessible and efficient for users.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional methods of international money transfer can be slow, costly, and require the recipient to have a bank account. This creates barriers for individuals and businesses needing fast, affordable, and accessible ways to send and receive funds across borders.
Solution
Cash Door provides a platform for international money transfers, enabling users to send and receive money through a network of service points. Senders can initiate transfers from Turkey to bank accounts worldwide or to over 400,000 Cash Door service points in contracted countries, where recipients can pick up the funds in person. The platform aims to provide a secure and transparent experience for individuals and businesses to conduct financial transactions globally. Cash Door is currently in the final stage of licensing as a payment institution with the Central Bank.
Target Audience
The primary target audience includes individuals and businesses in Turkey who need to send money internationally, as well as recipients worldwide who prefer cash pickup over bank transfers.
Features
- International money transfers from Turkey to worldwide bank accounts.
- Cash pickup available at over 400,000 service points in contracted countries.
- 24/7 availability for sending and receiving money.
- Secure payment tunnels to protect account and personal information.
- SSL certificate encrypts all transmitted information and passwords.
- Online money tracking to monitor transfer status.
- Option to become a Cash Door representative.