Ukash is a way for consumers to spend online without using a credit or debit card. Consumers can buy Ukash at convenience stores across Europe. Each Ukash voucher has a unique code, which is used when spending online — Ukash also issues change in the form of a new Ukash code where part-spend is required — just like using cash in the real world.
Ukash is the leading international cash payment brand for online and mobile commerce. Our key offering is a cash-based payment solution that allows consumers with a cash preference to pay for goods, services online and gamble or via their handset simply, securely and anonymously. It is the cash equivalent online.
We are a privately held company HQ’d in the UK, with offices in Germany, North America, South Africa and Spain. We have been granted a small e-money issuers (ELMI) certificate by the Financial Services Authority (FSA), and are in the process of having a Pan-European ELMI application approved by the FSA.
Key gaming customers and service providers include 32Red, The Gaming Club, Ladbrokes, Microgaming, Parlay Entertainment, Playtech, Spin Palace, Sportingbet & William Hill. Currently over 150 Gaming sites are already accepting Ukash as a deposit option.
Ukash is very simple for customers to use. They buy Ukash vouchers from a recognized Ukash retailer. The voucher comes with a unique 19-digit number, which they use to pay on the internet — just like a card number. The Ukash payment option can be easily integrated into your existing payment environment and/or cashier platform. Additionally, Ukash is working with leading Payment Service Providers to ensure thenew payment brand is widely available as an additional option to your traditional debit and credit card processing.
No registration is required and no account needs to be set up for a consumer to buy or deposit Ukash online (though a Merchant typically will require registration). The consumer simply needs to go to any one of 40,000+ retail outlets in the UK (Ukash will be available for purchase throughout mainland Europe, and some of Asia and South America during 2006) and over cash (GBP5/EUR7.50 – GBP100/EUR150) to the shopkeeper in return for a Ukash voucher (unique 19-digit #/value/6 month expiry date). The Ukash voucher can then be deposited at any Ukash-accepting site.
We use a Verisign 128-bit encrypted SSL connection.
Ukash issuing outlets in the UK: http://customer.map24.com/
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