UKash is a new way for customers to make transactions over the Internet without the hassle of credit history or credit limits.

It works purely as a cash based system much like the way mobile phones have pre-paid top-up systems, allowing consumers to effectively pre-pay for online purchases using real cash.

Ukash is for people who do not wish to use their credit or debit cards online, or for people who don’t own payment cards at all. It effectively opens up internet shopping for this group for the very first time.

Ukash is very easy to use and vouchers can be purchased at most stores where electronic mobile top-ups are sold. Customers exchange cash for a Ukash voucher and then spend the value online at websites accepting the Ukash payment method.

Every Ukash electronic voucher contains a secure and unique 19 digit code. To spend the vouchers customers simply enter their 19 digit code and value when asked for payment details within the cashiers section of the online casino software. Ukash authorises the payment in real-time and if change is required a new Ukash 19 digit code is issued immediately to the customer.

Ukash is operated by Smart Voucher Ltd whose patented e-Voucher platform has been proven in a high volume environment for the past two years. They are regulated by the Financial Services Authority (FSA) in the UK, and hold a Small E-Money issuer certificate.

Ukash is available in the UK, Ireland and Spain and will be released into several new European markets as well as North America in 2006. Their vision is to become the globally recognised e-payment solution for the cash consumer.