Founded in 2005, Ukash is a safe and simple way to make transactions online. Currently, it is available in more than 20 different countries and they are adding more countries to the list all the time. It is available primarily across Europe and recently became available in South Africa. It can also be found in China, North America, South America and Australia.
Ukash is authorized and regulated in the UK by the Financial Services Authority (FSA). Ukash is a popular choice for funding online betting accounts. It is anonymous, keeping your personal and financial details safe and secure. Transactions occur almost in real-time so that you do not have to wait for funds to clear and it is simple and easy to use.
Using Ukash Vouchers
In order to use this banking option, you need to convert your money into a Ukash voucher which you get in the form of a ready-to-use PIN code. Amounts up to £500/€750 can be spent as Ukash and up to five vouchers can be bought at any one time. This PIN code can then be used to pay at one of thousands of different sites on the internet.
Ukash provides you the flexibility to use your cash in a number of different ways. You are able to combine, split or convert your Ukash before you use it. You also do not need to register on the site in order to use Ukash if you purchase vouchers from a brick-and-mortar location. If you do register you will have access to others benefits, however it is not necessary in order to use it as a payment method. In order to receive PINs if you purchase Ukash online, you will need to provide a name and an email address.
Benefits of Using this Banking Option
Using this method, you do not need to provide your financial details to anyone – not even to Ukash. This ensures the complete safety and security of your financial details. It also provides privacy that you don’t often get online as you can remain anonymous when making transactions.
There is no age limit when using Ukash which makes it convenient for many people who are restricted from using other payment methods by their age.
Ukash is available from many different sources, including local shops and via Vodafone mobile.
There is no time delay when spending using Ukash. Unlike many other payment methods, it is almost instantaneous to use Ukash.
If you have any queries about how to use Ukash, you are able to access the FAQ section on their website. Alternatively, you can contact their customer service support via email or telephone.
Fees and Costs Associated
Ukash does not charge any fees for using this service. You are able to use the exact amount of money that you converted – in this way it is similar to using cash to pay for goods or services online. It is possible that some e-wallets may charge fees for using Ukash, but these fees are not controlled by Ukash itself.