Partnership with payment terminal provider set to give Portuguese consumers greater access to safe and secure online cash payments
London, February 2014 - Ukash, the global online cash payment provider, is continuing to invest in its European expansion, with the latest initiative extending availability of Ukash vouchers in Portugal. Working in partnership with Pagaqui, a payment terminal provider with close to 500 locations across Portugal, this new agreement increases Ukash’s network throughout the country to 4,600 sites.
Pagaqui is a successful new business in the Portuguese market, specialising in handling payments for several products and services. With Ukash available at all Pagaqui terminals, now more consumers in Portugal will be able to use cash to make safe and convenient payments online. Ukash also plays an important role in enabling social and financial inclusion for those who do not have access to banking or credit facilities.
Ukash enables consumers to use cash to pay safely and conveniently online by exchanging notes and coins for a voucher in denominations from €10 to €250. Available for use across a variety of sectors, including shopping, gift cards, games, poker and bingo, Ukash can be used to pay directly at thousands of websites worldwide.
“This partnership with Pagaqui forms part of our strategic expansion in Europe and strengthens our presence in Portugal, a key market for us” explained Miranda McLean, Marketing Director of Ukash. “With payment points across the country, this new initiative means Portuguese consumers can purchase Ukash vouchers at the same time as they go about their shopping, giving them access to a safer and more convenient way to participate in the online world.”
“Ukash is already a key player in Europe and by working closely with the brand we can bring new benefits to our customers”, added João Barros of Pagaqui. “As more shoppers want to be able to pay with cash online, Ukash offers our customers a new way to shop without the worry of fraud.”
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For further press information or interviews please contact the Ukash Press Office at HSL: Wendy Harrison, Clare Watson, Ed McCambridge, Nakhalar Sterling or Arran Fano. 0208 977 9132. email@example.com
Notes to Editors:
Ukash is the Global e-Money Network and internationally recognised e-commerce cash payment method that enables consumers around the world to use cash to shop, pay and play online safely, securely and conveniently. This secure payment method was developed to protect personal identity and financial information when making online transactions, reducing the threat of credit and debit card fraud for consumers and repudiations and charge-backs for retailers. Ukash has no age limit, so consumers of all ages can make the most of safe payment online.
Ukash codes are purchased with cash in retail outlets such as shops, petrol stations and kiosks, and issued online from the company’s website. The unique 19 digit codes can then be used to pay directly on any of the thousands of websites that accept Ukash transactions worldwide, or loaded onto prepaid cards and e-wallets.
Established in 2001 under the holding company Smart Voucher Ltd, Ukash® has grown to more than 460,000 physical points of purchase, and is available in more than 50 countries around the world in 6 continents.
Ukash is regulated by the UK Financial Conduct Authority (FCA). The maximum single value allowed is £200/€250 or equivalent in other currencies, and the maximum amount that can be held by an individual customer is £1,000/€1,250 or equivalent in other currencies.
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