Skrill Extends Paysafecard with Ukash

Last week Skrill, formerly known as Moneybookers, announced that it has signed an acquisition deal with the UK pre-paid cash voucher provider Ukash. The financial terms of the acquisition are not being disclosed. The deal is intended to add scale and reach to Skrill Group’s rapidly growing paysafecard, which is the pre-paid unit for Skrill acquired last year for Euro 140 million.

David Sear, who will become CEO of Skrill Group in January, comments, “The acquisition of Ukash will significantly extend our reach in the high-growth prepayment market. We are proud to support both consumers and online businesses with the world's largest online cash replacement payment method and look forward to serving a combined base of millions of consumers around the world”.

Udo Müller, CEO of paysafecard, adds, “The acquisition of Ukash will bring together two prepaid technologies with strong synergies, enabling even more customers to pay online as safely and easily as with cash. Ukash increases paysafecard’s global presence and will open up new opportunities for online businesses.”
  • No avatar medium

    yapro123

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    AFAIK you still can't buy ukash for skrill? It would be awesome if i can, because actually i can't buy ukash or paysafe card anyway, but it would be great if skrill allow to buy vouchers, i would be happy to use ukash in couple of casinos where skrill is not accepted(yes, such casinos exist :D)
  • Jade lcb

    jade

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    Ukash is a great way for many players to fund their casino account. You don't have to open an account to use Ukash. Unfortunately, US players are once again not permitted to use Ukash at this time. Hopefully things will change sooner than later and Ukash will be available once again.

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