UKash Background
Universal e-Cash Ltd was created in August 2004 and is a joint
venture between Smart Voucher plc and Proc Cyber Services Ltd.
Smart Voucher plc was established in April 2001 to develop the
Smart Voucher concept, which allows for the creation, purchase
and redemption of vouchers in-store and on the Internet.
Smart Voucher - using the specialist services of Energis - manages
the underlying voucher technology for UKash. It operates in a totally
secure 24 x 7 dual host environment to ensure maximum reliability.
This proven system has been live since July 2003 providing services
to various parties operating their own systems including Tesco
and William Hill.
Proc Cyber Services Ltd was established in 1998 and provides payment,
processing and risk services to over 150 successful online casinos.
This also operates in a totally secure 24 x 7 dual host environment
and has been live for many years providing services to process
payments for over 100 organisations.
Where can I buy Ukash?
You can always go to www.ukash.com/find and
type in your postcode to find your nearest outlet to buy a Ukash
voucher. Ukash is always updating the countries in which you can
buy vouchers and you can keep abreast of Ukash availability by
visiting www.ukash.com Today
you are able to buy Ukash in UK, Ireland,Spain and Germany with
France, Belgium and Netherlands being just a few of the many countries
Ukash will be available in soon.
How does Ukash work?
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.
Process
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. |
