Since launch in 2005 Ukash has become a globally-recognised payment method that enables online transactions using cash, providing freedom from credit and debit card fraud, repudiations and charge-backs, and protecting personal identity. Companies benefit from accepting Ukash because we open up new markets to which they can sell their goods and services online. Many people don't have credit or debit cards, or even bank accounts, and some are simply reluctant to give their financial details online. Consumers around the world enjoy using Ukash because it is easy and there are no age restrictions. No credit or debit cards are needed and they don't even have to share any personal or financial details. In 2008, Ukash established a strategic partnership with South African payments giant Blue Label Telecoms to further develop the brand's services around the world. Why companies work with Ukash • Ukash is patented, proven and completely scalable • Globally supported by Blue Label Telecoms • Already accepted and working for global companies like Skype • User-centric, boasting high consumer satisfaction ratings • Widely available around the world Expanding fast Ukash is available across over 50 countries worldwide. Regulation and compliance Ukash is operated by Smart Voucher Ltd. which is regulated by the UK Financial Services Authority (FSA) as an Electronic Money Institution (ELMI). This regulatory framework has been passported to all countries in which we operate, by agreement of the local regulator. The Electronic Money Institution status allows a single maximum online cash payment transaction of up to £500/€750. Patented Technology The technology behind Ukash is protected by several patents registered across the Smart Voucher database and functionality and is, as such, protected by Patent Law in all the major economies of the world. Ukashr is a registered trademark of Smart Voucher Ltd.
E-wallets will equal cards as the most popular payment method globally.
In 2012, $295 billion was processed through e-wallet payments. This is set to rise to $1,656 billion by 2017.
LONDON | Ukash, the global online cash payment provider, is giving global web brands a legitimate way to overcome Brazilian multi-currency restrictions by extending its availability through convenience stores across the country. Convert Brazilian Real to US dollars The result is that Brazilian consumers will be able to convert their Brazilian Real Ukas [...] Read more
LONDON | Ukash, the online cash innovator and VendTek Systems Inc.,a developer and licensor of software for the global pre-paid and financial services markets, have announced a commercial alliance between Ukash and VendTek's wholly-owned Brazilian subsidiary, Now Prepay Servicos de Informatica Ltd. Ukask Vouchers in Brazilian Real As a result of the par [...] Read more
LONDON | Ukash, the Global eMoney Network that allows consumers to spend their cash online, was last night awarded Best Virtual Prepaid Programme at The Prepaid Awards 2012. Now in its fifth year, the annual Prepaid Awards recognise significant achievements in the fast-growing global prepaid market. The Awards, which were held at Lancaster Hotel, Hyde Park, London, saw Ukash be [...] Read more
LONDON| Ukash, the Global eMoney Network, has announced two senior management appointments to support the next stage of the company’s international growth and development. James Allum has been appointed Commercial Director and will a play a key role in developing Ukash’s international footprint, increasing distribution in both new and existing territories. Formerly Chief Execut [...] Read more
LONDON | Prepaid voucher company Ukash has reported impressive revenue growth and is projecting around 70 percent growth in payment volumes for 2012. The volume is being driven by the company's expanding retail point of sale network, now 45,000 in 57 countries — an asset that may be even more valuable than its patented technological platform. Source: William Cain, Read more
LONDON - Ukash®, the global e-Money company has teamed up with CCP Games, publisher/ developer of the hugely popular sci-fi MMORPG Eve Online, to offer players an alternative in-game payment solution. Ukash® is a convenient, safe and secure way to pay online. There’s no need to share personal details and users don’t need a bank account or card to use Ukash®. UK EVE Online players of any [...] Read more
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