New deal gives Ukash largest availability of e-vouchers in France
08/02/2010

New deal gives Ukash largest availability of e-vouchers in France

Following the announcement last week that Ukash, the world's fastest-expanding prepaid-cash issuing estate, became available directly to consumers in France for the first time, the company has announced it is the largest issuing estate for e-vouchers in France.

 

In addition to the 15,000 point of sale terminals operated by la SAF, Ukash has added a further 2,250 points of sale through a deal with SRD, making it available at a total of 17,250 outlets throughout the country. This combined with the availability of vouchers through Toneo prepaid cards since November 2008 - as well as its online issuance capability - means Ukash has the largest availability of e-vouchers in France. 

 

Globally, Ukash is available at more than 300,000 physical issuing points and spans 29 countries.

 

In partnership with SRD, a paper voucher will be issued at point of purchase, found in tobacconists, newsagents and callshops across the country, with a code that is redeemable at any website where Ukash is accepted and can be combined, split or converted; a convenient way for consumers to shop online across websites from different countries.

 

Mark Chirnside, Chief Executive Officer, Ukash, said: "The addition of these new points of sale and our expansion with multiple payment networks in France is in line with the increasing consumer need to spend cash securely online. Our partnerships with SRD, la SAF and Toneo help establish Ukash as the number-one provider of e-vouchers in France, and we recognise this as a great step toward realising our goal of becoming the largest alternative payment provider in the world." 

 

In France, Ukash vouchers are available for purchase wherever the Ukash logo is featured in shops and other terminals. Consumers can purchase the printed vouchers with cash in amounts of 10, 20, 50, 100 and 200 EUR. Additional locations where consumers can purchase Ukash in France are listed on the Ukash location finder at www.ukash.com.

 

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Smart Voucher Limited. (of which Ukash is a trading name) is authorised and regulated by the Financial Services Authority in the United Kingdom as an electronic money institution. This regulation has been passported to all other countries in which Smart Voucher Ltd operates, with approval from the relevant local regulator. Smart Voucher Ltd (trading as Ukash) FSA register number: 447811, Company Number 4202050 registered in England & Wales at 5-7 Tanner Street, London, SE1 3LE, UK.