ForexQ.com
ForexQ.com
Payment institution · United Arab Emirates
According to its official website, Mamo is a payments platform offering UAE businesses payment links, recurring subscription payments, same-day settlements, e-commerce integrations such as Shopify and WooCommerce and API-based payment acceptance, together with virtual and physical corporate cards, expense management and domestic and international payouts to third parties; it says it serves more than 4,000 UAE businesses. According to its pricing page, the Growth plan costs nothing per month and the Premium plan costs AED 99 per month, with transaction fees charged separately. Mamo Limited, which provides the services, is a company registered in the DIFC and a subsidiary of Mamo Ltd., a holding company incorporated in the Cayman Islands; it is authorised by the DFSA under reference F005922 for money services including money transmission, providing or operating a payment account, issuing payment instruments and issuing stored value. Its business terms are governed by DIFC law. This information is the company's own statement.
User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on Trustpilot, WikiFX and Şikayetvar, and one person's records count once.
Period reviewed: February 2024 – October 2026
MEDIUM — COMPLAINT LEVEL
59% of institutions with complaint records received more complaints than this one.
BY TOPIC — Withdrawals and payments: Medium · Account blocks and freezes: Low · Customer support: Medium · Fees and commissions: High · Other: Low
The complaint distribution is based on the 1-star reviews on Mamo's Trustpilot page (16) records as of 15 October 2026; one person's reviews count once, and records about fake sites and third parties using the Mamo name are left out. Across the complaints, claims that accounts were suspended and collected funds held for months, settlements not reaching bank accounts and poor customer support stand out.