26.02.2009, Ukash is a cash payment method launched in the U.K. Europe, and South Africa for those
who wish to shop online but either do not have a bank account or credit card and are
distrusting of other internet banking options. Ukash is a safe way of playing and paying
online without having to submit private bank details.
The secure and unique 19-digit number on the Ukash voucher assures payment when it is presented on the Internet. The vouchers can be spent on any website that accepts Ukash. Frequent customers of Ukash are using their vouchers on online gambling and bingo sites. Ukash services are available around the world in countries including Belgium, France, Germany, Ireland, the Netherlands, Poland, Russia, Slovenia, South Africa, Spain, Sweden and the United Kingdom.
The collection of internet payment solution providers is steadily growing and there is lots of competition for increasing market Ukash, seems to be getting a lot of attention these days. A recent deal with MasterCard for UkashOut and another with US based PayByCash. With over 70 payment options that are accepted by over 200 online merchants that include online gambling websites PayByCash will add even more support. Although PayByCash is based in the U.S.A. it is an important player in the European online gaming market.
Chief Executive Officer of Ukash, Mark Chirnside, was delighted to be partnering with a global payment service like PayByCash. Mr.Chirnside said, "This agreement gives our customers in Europe the choice to use Ukash at a great range of merchants, including some of the most popular online games and communities." "Ukash has registered a 140% growth in sales in the last year, which is a stupendous achievement given the troubled economic situation. Its prepaid vouchers can be purchased at 275,000 retail locations across Europe and South Africa, via mobile phones in the United Kingdom and also online in most countries."
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