CashFro — Terms of Service

Effective Date: 11/08/2025
Last Updated: 13/08/2025

Introduction

Welcome to CashFro, a financial empowerment platform by Gsente LLC designed to facilitate secure, transparent, and efficient money pooling through modernized Rotational Savings and Credit Associations (ROSCAs). These Terms of Service (“Terms”) form a legal agreement between you (the “User”) and Gsente LLC (“CashFro,” “we,” “our,” or “us”).

By downloading, registering for, accessing, or using the CashFro mobile app (the “App”) or any associated services (the “Services”), you acknowledge and agree to abide by these Terms and our Privacy Policy. If you do not accept these Terms, please do not use our platform.

1. Eligibility Requirements

To use CashFro, you must:

  • Be at least 18 years old;
  • Legally reside in the United States;
  • Hold a valid U.S. bank account;
  • Have the legal capacity to enter binding contracts.

We reserve the right to deny access if eligibility criteria are not met or if registration information is false, outdated, or incomplete.

2. Creating an Account

  • Register with accurate personal and financial information;
  • Create secure login credentials;
  • Authorize CashFro to verify your identity and link your bank account via third-party providers.

You are responsible for all activity under your account and must notify us immediately if you suspect unauthorized access.

3. Using CashFro: Member Responsibilities

By joining CashFro, you agree to:

  • Use the app solely for lawful purposes;
  • Only join ROSCA groups with individuals you know and trust;
  • Abide by group-specific terms such as contribution schedules, payout order, and duration;
  • Respect community guidelines and avoid spam, harassment, fraud, or abuse;
  • Not impersonate others, use false information, or collect user data without consent.

4. How CashFro Works

CashFro enables users to form or join rotating savings groups where:

  • Each member contributes a fixed amount on a scheduled basis;
  • One member receives a full payout per cycle;
  • All members eventually receive a lump-sum payout.

Groups are managed by a designated Group Leader, responsible for approving new members and setting group rules (contribution amount, payout order, duration).

5. Fees and Deductions

CashFro charges a Service Fee deducted automatically from each user’s contribution:

  • Electronic Withdrawal: Recipients for each cycle will be charged 1.75% (min. $0.25, max. $25) from recipient CashFro wallet to recipient bank.
  • Electronic Deposit: Deposits from bank account to CashFro wallet: $0.
  • Wallet to Wallet Transactions: $0 for transactions on CashFro Wallet.

All fees are non-refundable unless waived during promotions. Fee structures will be clearly disclosed upon group creation.

6. Payment Processing and EFT Authorization

By using CashFro, you authorize our payment partners (e.g., Sila Money) to conduct Electronic Funds Transfers (EFTs). You consent to CashFro sharing your identity and financial info with the processor for transaction execution and verification, and agree to the processor’s terms, policies, and liabilities.

Funds are held by partner financial institutions, not CashFro. We are not responsible for bank fees related to transactions.

7. User Conduct Restrictions

You agree not to:

  • Violate any local or federal laws;
  • Use CashFro for commercial, fraudulent, or harmful purposes;
  • Engage in unsolicited messaging or hacking;
  • Upload or distribute offensive, defamatory, or misleading content;
  • Impersonate other users or misuse proprietary content.

8. Account Suspension and Termination

CashFro may suspend or terminate your account if:

  • You breach these Terms;
  • Fraudulent, illegal, or abusive behavior is suspected;
  • We are required to do so by law or regulation.

You may cancel your account anytime after completion of the group round. Outstanding obligations (e.g., unpaid group dues or fees) will remain your responsibility.

9. Disclaimer and Limitation of Liability

CashFro is not a lender, financial institution, or credit advisor. All transactions are peer-to-peer and not guaranteed by CashFro. We are not liable for:

  • User disputes;
  • Missed contributions;
  • Damages from app usage or data loss;
  • Delays in EFT processing.

Our total liability shall not exceed the service fees you paid in the past 12 months or $100, whichever is less.

10. Dispute Resolution and Arbitration

All disputes must be submitted to binding arbitration through the American Arbitration Association (AAA). You waive class action rights and jury trial rights. Exceptions include small claims (<$500) and IP infringement cases.

11. Intellectual Property

All content, branding, and app features are owned by Gsente LLC or licensed. Users may not reproduce or distribute them without explicit written permission.

12. Modifications

We reserve the right to update these Terms. Any material change that reduces your rights will be notified at least 21 days in advance. Continued use of the app indicates acceptance.

13. Governing Law

These Terms are governed by the laws of the State of Colorado and applicable federal law. Legal proceedings must occur in that jurisdiction unless otherwise required.

14. Privacy and Communications

By using the app, you consent to receiving emails, push notifications, and SMS alerts related to app activity and compliance; and to sharing your personal data for identity verification and financial transactions per our Privacy Policy.

15. Third-Party Links and Ads

CashFro may link to third-party services or display advertising. We do not endorse or control third-party content and are not responsible for any resulting transactions or disputes.

16. Taxes

Users are responsible for any applicable taxes related to contributions or received funds. CashFro does not provide tax advice.

17. Contact and Support

For customer service, contact us at:

Email: contact@cashfro.com
Website: www.cashfro.com