Ukash


Overview

Ukash is trademarked by Smart Voucher Ltd. and is based out of London and provides a safe atmosphere for customers seeking a simple and safe option for their payments over the internet. Unlike commonly used payment methods, Ukash features a system where the customer purchases vouchers by cash instead of the traditional funding through a credit card. This service is regulated by the Financial Services Authority and open to customers in 33 different countries.

How to Fund

Ukash operates as an e-money system. You can cash in various amounts worth up to 500 pounds or 750 Euros at your choice of Ukash retail outlets at over 275,000 locations and you receive a 19- digit Ukash pin voucher.

Ukash’s vouchers may also be purchased by calling in for the service. You may also cash in for your voucher online, through your bank account and/or e-wallets. Your private 19-digit Ukash code is then used for you to make online payments.

To sign up for this payment method, visit www.ukash.com. Some of the vouchers that can be purchased are specifically restricted to customers who are at least 18 years old.

Pros/Cons

A huge advantage of opting to use Ukash is that all of your financial details and bank account information is 100% private. Anyone can purchase Ukash vouches even if you do not own a major credit card or have money in the bank.

Ukash features a customer service staff that is on standby to assistant customers. They may be contacted by telephone or email.

Another obvious advantage is that by having the vouchers to spend, you know exactly how much money you will be transferring, so you will not exceed your limits.

The disadvantage of Ukash is that it is not an acceptable depositing method for US residents.

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