What is Ukash?
Ukash is a payment method for people looking to spend or send money online without using a bank or credit card. Ukash offers various services through a special Ukash voucher used in place of cash. The company was established in London in 2005 and is currently available in over 50 countries around the world including UK, South America, Europe and more. You can easily use Ukash on the Internet. The parent company that oversees the business transactions taking place with Ukash is SmartVoucher, operating under the Financial Services Authority.
The Ukash Voucher
Ukash is a form of e-money. Ukash customers can make or receive payments of up to £250 through the use of a Ukash voucher. This voucher contains 19 numbers on it that customers can use in the place of cash at various retail outlets or on the Internet through Ukash merchants. Ukash merchants are found in many areas including entertainment, shopping, charity, games, casinos and more; more Ukash merchants are being added to the growing list every day.
Ukash vouchers can be found internationally in thousands of global authorized issuing points around the world.
Ukash is excelling as a global company and is proving this by being nominated for a multitude of awards in 2013 that recognize their significant achievements. The company recently won the Queen’s Award for Enterprise in International Trade for the third consecutive year. This is the most prestigious award for English business ventures in the UK, recognizing companies that have grown substantially and successfully overseas.
Ukash won this award for many reasons. First, the company’s financial and geographical growth was substantial, according to the committee behind this award; in three years, Ukash went from operation in just 8 countries to an operation in more than 50 countries in 6 continents. Also, the company increased 300% with much of their profits and earnings coming from overseas revenue. Ukash’s CEO David Hunter called winning the Queen’s Award a “great achievement for Ukash.”
A Ukash voucher is the closest thing to web-based cash, so one should be cautious and keep it safe, in the same way you’re careful about cash. Spend Ukash safely, in official Ukash-sponsored locations which are available on the Ukash website.
You should make sure to report any website that is committing fraud, based on offers to accept Ukash. Other types of fraud include classified advertisement scams where criminals post ads for goods that are not actually available or set-up websites that accept Ukash, loan scams where criminals ask for fees in the form of a Ukash voucher, ransomware where criminals encrypt a computer and ask the victim to pay to have the computer fixed with a Ukash voucher, and more.
Follow the latest Ukash scams news and articles at the Ukash Website