30/09/09 -
International expansion of Ukash continues with first move into South America
[158586]
Ukash, the fast growing global e-commerce payment solution, has
made its first move into South America after signing a deal with
Rocalix S.A. to make Ukash vouchers available from 300 sites in
Uruguay.
Rocalix will make this possible through its partner Redpagos,
whose shops provide a range of financial services including
currency exchange, mobile telephone airtime top-up and bill
payments. Vouchers, which are available in US dollars in
denominations of $20, $50 and $100, can be combined, split and
converted to allow users flexibility when managing their online
shopping.
As Ukash continues in its quest to make online shopping
available to everybody, anywhere in the world, the company has
expanded rapidly and made its proposition available in new markets,
and the deal with Rocalix is its first move into the South American
market.
Mark Chirnside, chief executive officer, Ukash said: "Our
international expansion continues and we are excited by the
potential South America has for Ukash. Our proposition helps the
unbanked and those who fear online fraud to shop online safely
using cash and we believe that Uruguay, and South America as a
whole, is a potentially huge growth market for us. The popularity
and use of Ukash is moving from strength to strength and we are
seeing significant demand in all of the key international markets
where we have recently introduced Ukash."
Fast-growing alternative payment method Ukash, which allows
users to spend money online using cash, is also available in the
UK, mainland Europe, South Africa and Australia and has an existing
global network of 275,000 physical points of purchase.
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