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 beat off stiff competition from other leading names in the global prepaid sector including Prepay Solutions & Ticketmaster and CorporatePay.
The award recognises cap 12 months of geographical and financial growth for Ukash in the global eMoney market. The company has experienced remarkable 65% year-on-year growth and now processes in excess of £500m eMoney transactions throughout the world each year.
David Hunter, CEO of Ukash, said: “It is a great achievement to win Best Virtual Prepaid Programme at this year’s Prepaid Awards, particularly given the strength of the competition.
“Ukash is enabling more and more people around the world to use their cash to pay online and the growing number of merchants who now accept Ukash recognise that offering a greater choice of payment options means a greater chance of converting sales revenue. Ukash is proud to have shared in the industry’s successes as a favoured eMoney network and support innovation in prepaid payments.”
Ukash is regulated by the FSA and enables consumers to use cash online without having to reveal personal financial information. Cash is exchanged for a unique 19 digit Ukash® code at over 420,000 physical points of purchase, or issued online from the company’s website. The unique 19 digit code can then be used to pay directly on thousands of websites that accept Ukash® worldwide. Ukash® is a safe and convenient way to make online transactions.
For more information visit www.ukash.com.