MW-OTC: Mobile Wallet Deposit / Withdrawal

All Jcash Mobile Wallet account holders can use our extensive retail agent network to both deposit and withdraw cash from their MW accounts, based on and for their convenience. The transactions available with our agent to service this need are:

a. Cash-in (Deposit)
b. Cash-out (Withdrawal)

Price

Slabs Cash-In (Wallet)
0100 – 1,000 10.00
1,001 – 2,000
2,001 – 3,000
3,001 – 4,000 20.00
4,001 – 6,000
6,001 – 8,000
8.001 – 10,000 30.00
10,001 – 13,000
13,001 – 16,000
16,001 – 20,000 40.00

20,001 – 25,000

Cash-In Process

The process for ‘depositing’ cash into the Mobile Wallet is as under:

1. Provide your Mobile Wallet (Mobile Number) to the Jcash Agent
2. Provide the amount to deposit
3. Jcash Agent creates the transaction and completes it
4. The Jcash MW account holder is sent a SMS confirmation message for this transaction

Price

Slabs Cash-Out (Wallet)
0100 – 1,000 10.00
1,001 – 2,000 20.00
2,001 – 3,000 30.00
3,001 – 4,000 40.00
4,001 – 6,000 50.00
6,001 – 8,000 60.00
8.001 – 10,000 100.00
10,001 – 13,000 130.00
13,001 – 16,000 160.00
16,001 – 20,000 190.00
20,001 – 25,000 210.00

Cash-Out Process

The process for ‘withdrawing’ cash from the Mobile Wallet is as under:

1. Provide your Mobile Wallet (Mobile Number) to the Jcash Agent
2. Provide the amount to withdraw
3. Jcash Agent creates the transaction and completes it
4. The Mobile Wallet account holder receives a confirmation call for this transaction, and provides his 4-digit PIN for validation
5. If the PIN is valid, the transaction is completed and confirmation messages are sent to both the agent (within the app) and the Jcash MW account holder (through SMS)