Social Cash is a mobile app that combines social media and financial
services to provide easy, accessible, and secure
financial services to the masses.
Social Cash combines social media and financial services by seamlessly
integrating social media platforms like Facebook,
Instagram, and X (formerly known as Twitter) to offer financial solutions.
Social Cash is not a bank; instead, it partners with CBN-licensed financial
service providers, as well as other
international licensed transmitters in their respective jurisdictions.
The vision of Social Cash is to revolutionize the way people access
financial services by creating a platform that
seamlessly integrates social media and banking.
The mission of Social Cash is to empower people with the tools they need to
manage their finances effectively,
regardless of their location or financial status.
The values of Social Cash include Accessibility, Innovation, Security,
Transparency, and Customer Focus.
Social Cash offers features such as Virtual dollar cards, Virtual foreign
accounts in multiple currencies, Buying and
selling items like airtime and data subscriptions, and Securely sending and
receiving cash instantly with friends and
family.
You can benefit from using Social Cash by having easy access to financial
services, using a convenient and secure
platform for financial transactions, enjoying affordable and transparent
fees, and receiving excellent customer service
and support.
Yes, Social Cash aims to be accessible to everyone, regardless of their
income, education, or location.
Social Cash prioritizes innovation by constantly looking for new and better
ways to improve its platform and services,
encouraging creativity and experimentation, and embracing change as a
necessary component of progress.
Social Cash ensures security for its users by implementing the latest
security measures and protocols to protect their
financial information and collaborating with reputable cybersecurity
agencies.
Social Cash handles data protection and privacy by adhering to strict data
protection principles and complying with all
relevant laws and regulations concerning user data and privacy.
Social Cash is powered by TecheraX, a reputable technology company based in
Port Harcourt.
Social Cash works with CyberShield, a leading cybersecurity agency, to
ensure the platform is protected from potential
threats and vulnerabilities.
The policy on multiple accounts and KYC ensures that all users have a
single, legitimate account on
socialcash. app and
outlines the required documents for identity and address verification.
For identity verification, required documents include Government-issued
international passport, identity card, driver's
license, selfie with an identity document, and Bank Verification Number
(BVN).
The consequences of having more than one account on Social Cash include all
accounts being temporarily disabled, and the
customer being requested to choose which account to keep active while others
remain permanently blocked.
Social Cash uses AI-powered security enhancements for threat detection,
fraud detection, anomaly detection, user
behavior analysis, and automated incident response.
Social Cash uses strong authentication and authorization, data encryption,
secure cloud infrastructure, regular security
updates, and employee training for security features.
Yes, users can access their Social Cash accounts from multiple devices.
Social Cash provides customer support to assist users with any issues they
may encounter.
Yes, Social Cash can be used for international transactions.
Users can send and receive money securely and instantly using Social Cash.