UK CASH CONSUMERS GET MORE TO SPEND ONLINE Monday 20 August 2007 PDF Print The millions of cash consumers who choose not to use credit cards online are set to benefit from the launch of higher value internet cash vouchers. Ukash, the FSA-accredited UK-based company that introduced cash payments to global online transactions, has increased the maximum value of a single voucher purchased at PayPoint terminals in the UK from £100 to £499. “The £499 voucher value will bring greater convenience to our customers currently using Ukash to shop, play and pay online, improving the consumer purchasing experience, and making it easier to buy higher value goods and services online”, says Mark Chirnside, Ukash CEO. “The availability of the £499 voucher from PayPoint’s 16,000+ convenient outlets across the UK will also be attractive to internet retailers looking to embrace the millions of UK consumers who are currently excluded from shopping online. Looking ahead, the advantage of getting internet value when booking flights, holidays, big-ticket household goods or clothing and accessories could be available to the millions of UK consumers who don’t have or choose not to use credit or debit cards”. Like all Ukash the new higher limit Ukash voucher does not have to be used all at once, as change in the form of a new voucher is given for any unspent portion, making it as flexible as using cash on the High St. A set of free of charge ‘tools’ at the Ukash website make it easy to combine smaller value Ukash into a single, higher value voucher or to split a voucher into a number of smaller value vouchers, or to convert a voucher’s currency. “The launch of the new £499 voucher is another important milestone for Ukash, extending choice whilst remaining free of charge to the consumer”, concludes Mark Chirnside. -ends- For further information please contact: Shelley Sofier/Sarah Morgan at Attenborough Saffron PR Tel: 0207 067 1597 Emai: firstname.lastname@example.org About Ukash Ukash is a globally-recognised e-commerce cash payment method to enable online purchases using cash, providing freedom from credit and debit card fraud, repudiations and charge-backs, and protecting personal identity. Ukash is regulated by the UK Financial Services Authority (FSA) and operates as one of only a small number of Electronic Money Institutions, a status that allows a single maximum online cash payment transaction of up to £500/€750. Uniquely numbered Ukash vouchers are widely available through payment terminals in retail outlets and online. Ukash is now issued in 20 countries. www.ukash.com This press release was distributed by ResponseSource Press Release Wire on behalf of Freshwater in the following categories: Personal Finance, Business & Finance, for more information visit http://pressreleasewire.responsesource.com/about.