No. Mamo does not charge interest on any of its products or services.
All fees are fixed, transparent, and disclosed upfront. There are no hidden charges, no late-payment interest, and no financing costs built into our pricing. What you see is what you pay.
How your money is held
When funds pass through Mamo — for example, between a customer payment and your settlement — they are held in regulated client money accounts.
These accounts are maintained in accordance with DFSA requirements for safeguarding client funds. Mamo does not earn or retain interest on these balances.
Our fees
Mamo charges a transparent processing fee per transaction. There are no variable charges tied to time, balances, or credit. You can review our full fee schedule here.
A note for customers with faith-based considerations
While Mamo does not hold a formal Sharia compliance certification, our products are structured around transparent, fee-based pricing with no interest component.
If you have specific religious requirements, we recommend consulting with your own advisor to determine whether our products are suitable for your needs.
We're happy to answer any specific questions about how our fees and funds flow work — contact us at [email protected].