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Telefonica Telecomunicaciones Publicas

Telecoms giant Telefónica has partnered with Ukash and vouchers are now available from 70,000 public phones in the country, so Spaniards can get Ukash anytime from virtually anywhere

Ukash, Europe's fastest growing cash solution to pay online, has inked a deal with telecommunications giant Telefónica to make Ukash vouchers available from all traditional telephone kiosks across Spain. The new service, which will go first live with Habbo Spain, is a key milestone towards the continuing recognition of the cash customer in the online space.

Telefónica is a leading global integrated telecommunications company, with presence in 24 countries and headquartered in Spain. Ukash is already available from thousands of convenience stores in the country and the new arrangement provides customers in Spain with an additional 70,000 points of sale and 24-hour availability to buy e-cash anytime and nearly anywhere.

With a 111% mobile phone penetration in the country today, Telefónica is looking for innovative ways to utilise the existing public phone terminals. The company first upgraded the booths to send SMS to mobiles and emails in 2003 and turned them into points of sale for small payment solutions a year later.

To purchase Ukash via Telefónica kiosks, users follow the prompts on screen and deposit coins for the voucher's value. Customers immediately receive their Ukash's 19-digit unique code via SMS, which can then be used to pay online in a similar way to a credit/debit card number however without the need to reveal personal details, eliminating the risk of identity fraud.

"Micropayments have proved to be a fantastic and highly demanded service from our terminals and we are excited with the new offering from Ukash. Kiosks are hugely widespread, present in the great majority of communities, including rural areas. They allow services such as Ukash to be conveniently reach audiences which would be almost impossible to reach otherwise."

Juan Utande Ramiro, Marketing Director, Telefonica Telecomunicaciones Publicas

 

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Smart Voucher Limited. (of which Ukash is a trading name) is authorised and regulated by the Financial Services Authority in the United Kingdom as an electronic money institution. This regulation has been passported to all other countries in which Smart Voucher Ltd operates, with approval from the relevant local regulator. Smart Voucher Ltd (trading as Ukash) FSA register number: 900007, Company Number 4202050 registered in England & Wales at 5-7 Tanner Street, London, SE1 3LE, UK.