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Providing a Platform for International Expansion

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Providing a Platform for International Expansion

4 April 2007

Online consumers in 20 countries can now shop, play and pay online with cash as Ukash expands across Europe, making it the most widely available prepaid product for European cash consumers. Ukash utilises the Smart Voucher platform to reliably and securely process millions of voucher transactions and is now set for further growth.

"Ukash has been a great success in the UK, Ireland, Spain and Germany and I am delighted that Smart Voucher technology will be helping to ensure that the expansion across Europe will continue the success story", says Mark Chirnside, Chief Executive Officer of Smart Voucher.

In the UK, Ireland, Spain & Germany consumers can get Ukash vouchers from thousands of locations such as convenience stores, newsagents, post offices and petrol stations. Now cash consumers in Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Hungary, Italy, Latvia, Netherlands, Norway, Portugal, Poland, Slovakia and Sweden can get Ukash at their nearest bank branch by completing a simple paying-in slip. They will then receive an email or SMS message with their unique and secure Ukash voucher number.

"Ukash is now available to an estimated 226 million internet users who don't have or don't wish to use credit or debit cards online plus Ukash is free of any charges or fees to the consumer, unlike some other prepaid products. Using Ukash avoids them having to put their financial details on the internet and it's available to everyone; they don't even need a bank account!", comments David Cox, Ukash Marketing Manager.