Ukash has brought Australia into its widening international net of customer outlets, inking a deal with epay Australia.

Ukash vouchers, which allow consumers to shop, pay and play online using cash, will initially be available at 3 600 outlets across Australia with the possibility of expansion later in the year.

The move will enable the company to tap into Australia's large cash market, its growing number of internet users and its 9 million consumers - nearly half the population - that are concerned at the chances of cyber crime and identity theft online. Credit card fraud is one of the most common forms of theft in Australia and with 39 percent of the population having been the victim of cyber crime, it is the country with the highest incidence of online fraud in the world, said a kash spokesman.

Ukash, which is based in the UK and is regulated by the Financial Services Authority (FSA), has an existing global network of 275 000 issuing points, providing a payment solution to consumers across the UK, Europe and South Africa. The Ukash business model has proved highly attractive to consumers and retailers alike; Ukash currently process several million transactions annually, with values in excess of Euro 100 million.

One of the major benefits of using Ukash is that customers do not need to have access to a bank account or credit card to shop online. And according to research conducted by the Reserve Bank of Australia, cash is still the primary payment method preferred by Aussies, accounting for 70 percent of all transactions made.

The deal with epay allows users to exchange their cash in-store and receive Ukash vouchers - which are available in Oz dollars in amounts of $10, $20, $50, $100, $200 and $500 - with a unique code that users simply provide when paying online. The anonymity of buying and spending Ukash means that no financial details are required from the consumer, and people can shop online without worrying about the continued risk of online identity theft.

Ukash will be available to consumers across Australia from epay retailers, including petrol stations and convenience stores. This will complement the Ukash Online solution, which allows consumers in Australia to purchase Ukash online directly from their bank account through all major banks - a secure online issuance function which provides comprehensive authentication and verification technology to online consumers.

Ukash vouchers can be used to shop, pay and play online and amongst the commercial many sectors where Ukash is popular, demand for cash payment methods in the online betting and VoIP markets has been particularly strong.

Mark Chirnside, chief executive officer Ukash said: "Ukash is embarking on a period of international expansion as we continue to make online shopping available to anybody, anywhere in the world. By opening up internet shopping to the cash market Ukash allows those without bank accounts or credit cards, or those who have fears of online fraud, to shop securely online using cash.

"We are excited by our move into the Australian market, which we believe will be another strategic success for our company and we are looking forward to working with retailers here to help them develop valuable new revenue streams."

In September 2008 Ukash received significant additional funding from South African giant Blue Label Telecoms, part-owned by Microsoft, which acted as a catalyst in the company's international expansion. Ukash has signed major deals with international partners which has seen the company treble in size over the last 12 months and by 2010 it will be issuing Ukash vouchers across all five continents, and the company is currently pursuing a number of other strategic prepaid projects to enable the cash consumer to shop online anywhere in the world.

Live activity feed

  • 2d4818989f1ca7ccfaccc9b2527a6916
    "Lips, I was thinking about you this morning while writing the latest MLB update on the LSB forum Hope they do win the World Series this time. "
  • 2d4818989f1ca7ccfaccc9b2527a6916
    " kathy.anderson wrote: I would like my screenshots to show up bigger! How do I do that? TY! Kathy, I recommend this topic, you will find plenty of suggestions there on how to make a proper screen shot. "
  • 14657438 10205330574498998 6645398286378382264 n
    "An interesting experience .... I went passed: Saw the 50 free spins on Arcader at hippozino, checked my email box to verify i havnt registered. Went ahead registered myself. When i logged back in after email verification the 50 free spins simply wasnt there so i went to chat to make my request, they told me the bonus code "ARC50" had expired & they gave me a $5.0 no deposit bonus. I thank him for a beautifull sunday morning. Check out my screenshots for what happened next .... What killed me was arcader. Total lost $ 17.0   Still its an experience. I'm not advocating everyone jump on the oppurtunity to claim an expired promotion rather sharing my experience. Have a great day."
  • BLACK75
    Expires on
    Royal ace

    Royal Ace

    / 492 votes
  • Avantar 044
    Book of ra

    Book of Ra

    / 271 votes
  • Avantar 044
    "Welcome ;)"
Swipe left or right to see more

lcb activities in the last 24 hours

  • 37
    new members
  • 594
    members online
  • 14669
    guests online
  • 103
    new posts
  • 7195
    free games played
Join the club

Highest Community Rated Online Casinos

Swipe left or right to see more

Latest forum posts

  • 2d4818989f1ca7ccfaccc9b2527a6916
    This topic has been moved to Casinos.
    MOVED: bonuses
  • 2d4818989f1ca7ccfaccc9b2527a6916
    This topic has been moved to Casinos.
    MOVED: codes
  • 2d4818989f1ca7ccfaccc9b2527a6916
    Lips, I was thinking about you this morning while writing the latest MLB update on the LSB forum Hope they do win the World Series this time. 
    Not Since 1945!!!

Join today and start earning rewards

You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
S logo

Report to moderator

Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

Please note that your email address will be revealed to the moderators if you use this

Select Language
Search Results