About Us
Cash Coconut is a rewards platform developed by JustLoyalty and managed by its parent company, RAKESH KUMAR. Our app allows users to earn cashback and exciting rewards by completing tasks, participating in games, and engaging with various in-app activities.
We are committed to adhering to Brazilian regulatory requirements, ensuring transparency, fairness, and compliance with financial, consumer, and data protection laws. Cash Coconut is designed to deliver a safe, seamless, and rewarding experience for all users.
Rewards
Cash Coconut offers users the opportunity to earn rewards through tasks and gameplay. Rewards are exclusively for in-app use and cannot be redeemed with third-party merchants. Payments are processed securely through trusted gateways in compliance with Brazilian laws.
Every reward is issued transparently, ensuring alignment with consumer protection standards in Brazil. Join thousands of users in exploring exciting rewards while adhering to regulatory guidelines.
Compliance with Brazilian Regulations
Cash Coconut operates in full compliance with the mandates of Brazilian regulatory authorities, ensuring a secure and lawful environment for users:
- Central Bank of Brazil (Banco Central do Brasil - BCB): Ensures our platform does not qualify as electronic money, payment services, or financial instruments requiring licensure under the Brazilian Payment System (SPB).
- Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários - CVM): Verifies that no investment-related activities or securities are offered through Cash Coconut.
- Superintendence of Private Insurance (Superintendência de Seguros Privados - SUSEP): Confirms that our app does not offer insurance-related financial products.
- National Superintendence of Complementary Pensions (Superintendência Nacional de Previdência Complementar - PREVIC): Certifies that Cash Coconut does not engage in pension-related services.
- Federal Revenue of Brazil (Receita Federal): Ensures compliance with tax obligations, including CNPJ registration and reporting.
- National Consumer Secretariat (Senacon): Monitors compliance with the Brazilian Consumer Protection Code to ensure fairness and transparency in our rewards system.
- National Data Protection Authority (ANPD): Ensures that Cash Coconut complies with the General Data Protection Law (LGPD) by protecting user data and maintaining privacy.
Financial Verification and Exemptions
Cash Coconut qualifies for exemption from financial licensure as it operates strictly as a rewards platform, issuing non-transferable rewards for in-app use. Our platform does not:
- Process payments or hold user funds.
- Issue electronic money or provide payment services as defined by the Central Bank of Brazil.
- Engage in securities, insurance, or pension-related activities.
All activities comply with anti-money laundering (AML) and counter-terrorism financing (CTF) laws, ensuring a safe and transparent user experience.
Contact Us
If you have any questions about Cash Coconut, compliance policies, or regulatory adherence, feel free to reach out to us:
- Email: support@cashcoconut.in
- Compliance: compliance@cashcoconut.in
- Address: THICKERIAN, TEHSIL – R. S PURA, Jammu, Jammu & Kashmir 181102, India