London, August 2014 – Leading global online cash payment provider, Ukash, has partnered with YuuPay, the Singapore-based payment service provider. The agreement will enable the 400+ merchants already using the YuuPay system in Asia, Australia and Europe to offer secure, safe online transactions with Ukash, enhancing their customer service proposition.
The announcement marks the latest in the growing partner network for Ukash, increasing payment choice for consumers who shop and play online without the need for a bank account or credit card. YuuPay offers the perfect partnership to help expand and embed the firm’s presence within its key markets.
“The Ukash brand is already well established with Asian and Australian consumers, so this new partnership with YuuPay provides a great opportunity for merchants to leverage the loyalty around our service, offering customers flexibility and security when they shop, play and pay online”, said James Allum, Chief Commercial Officer at Ukash.
YuuPay, has been offering secure payment processing of transactions for merchants across Asia Pacific, Japan, the US and Europe. Yoav Elgrichi, CEO of YuuPay, said, “Ukash offers the perfect fit for our customers as its universal and inclusive payment method helps consumers transact online safely and securely. Its simplicity makes it easy for consumers who don’t own a credit card or those who prefer to keep their personal information private when making online transactions”.
Ukash enables consumers to use cash to pay safely and conveniently online by exchanging notes and coins for a unique 19 digit code. Available for use across a variety of sectors, including shopping, gift cards, games, poker and bingo, Ukash is used to pay directly on thousands of websites worldwide.
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For further press information or interviews please contact the Ukash Press Office at HSL: Wendy Harrison, Clare Watson, Parm Evans or Ed McCambridge. +44(0)208 977 9132. firstname.lastname@example.org
Notes to Editors:
Ukash is the global online cash payment provider 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 over 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 and the maximum amount that can be held by an individual customer is £1,000/€1,250 – equivalent values in other currencies apply to both sums.
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