CashGo is a money transfer application which has been developed to enable Ethiopians in the diaspora to send money online. The CashGo app was launched by Golden Coffee Roastery in collaboration with the Commercial Bank of Ethiopia (CBE). Users can send remittances directly to the CBE bank accounts of their friends and families through CashGo.
CashGo is currently active for Ethiopians living in Canada, Israel, USA, South Africa, Sweden, Saudi Arabia, England, UAE, and Italy. CashGo users can send money five times per month from $5 to $1,000 in a single transfer. The beneficiaries can immediately receive the money from the branches of the Commercial Bank of Ethiopia.
Benefits of CashGo
CashGo offers several benefits to its users, including:
Convenience: CashGo allows users to send money directly to the CBE bank accounts of their families. This eliminates the need to visit physical locations and makes the process faster and more convenient.
Affordability: It offers low-cost remittance services, with a service fee of 1.5% per transaction. This is significantly cheaper than traditional remittance providers, which can charge up to 7% in fees.
Speed: Its transfers are processed quickly, with beneficiaries able to receive the money from the branches of CBE.
Security: It is a secure platform, with the developer indicating that they do not collect any data from the app. This ensures that the personal and financial information of users is protected.
Accessibility: CashGo is available in local languages, making it accessible to a wider audience of Ethiopians in the diaspora.
How to Download and Use the CashGo Application?
To download the CashGo app on your phone, follow these steps:
- If you have an iPhone, go to the App Store and search for “CashGo”.
- Click on the “Get” button to download and install the app.
- If you have an Android device, go to the Google Play Store and search for “CashGo”.
- Click on the “Install” button to download and install the app.
Once you have downloaded and installed the CashGo app, you can create an account. After creating the account, you can connect it to your bank account and start sending money to your loved ones in Ethiopia. The app is user-friendly and available in local languages which makes it easy for Ethiopians in the diaspora to use.
Final Words
In summary, CashGo is a helpful app for Ethiopians living abroad to send money back home easily and affordably. Moreover, it is simple to use and does not charge high fees. CashGo is a reliable way to send money and helps connect Ethiopians around the world with their loved ones in Ethiopia.
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