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OCharge
Kenya
16 Nov 2016 (8 Years)
Last online: No recent activity
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know OCharge
Company Information
Get to know OCharge
OCharge is an airtime recharge app, that rewards its users with exclusive and meaningful benefits from our merchant partners. When users buy airtime with OCharge, they are instantly rewarded with free points that give them access to special offers on food, drinks, spas, fashion, electronics and more, from our various merchant partners. With our unique business model, we create a win-win proposition by driving efficiencies in interactions between users and brands. We not only give users more value for every shilling spent, but also help merchants drive online-to- offline traffic and additional sales. We leverage actual payments and offer redemption data to create insights into user’s spending preferences, and use them with our machine learning algorithms to create a customised app experience with more targeted benefits for each user. We are creating an efficient ecosystem that allows small and big merchants to effectively target the right customer with the right benefit at the right time. Merchants use our platform to solve their biggest marketing challenges; 1) get new customers and additional sales 2) improve cash flows by increasing capacity utilisation during lean periods, or liquidating unsold inventories 3) testing the potential of any new products or services they want to introduce in the market.
Industry
- Financial Other ServicePRIMARY
- Financial PSP Gateway
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