Mocasa adjusts the credit line based on analysis of user daily purchases and repayment behavior, to help users manage their budget and form repayment habits. To activate Mocasa credit, users need to go through a KYC process and get approved in as fast as one second. Mocasa ensures most users will be granted a credit line to start building their credit profile.
The offering is an app which can be downloaded from Google Play for Android phones. It works with online and offline merchants such as stores, dining franchises, and cinemas. Users can browse stores listed on the Mocasa app and pay with a credit payment option through QR code. No interest is charged in the billing cycle, nor is cash transaction or bank quality needed.
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