Ukash, the world's fastest growing online cash-payments company,
has signed a deal with Shoprite, to enable consumers in South
Africa to purchase Ukash vouchers from 560 supermarkets and
hypermarkets.
The Shoprite brand is one of the leading food retailers in South
Africa. Since starting out as a small chain of supermarkets in
1967, Shoprite is fast becoming one of South Africa's most trusted
brands. The 2009 All Media and Products Survey (AMPS) showed more
than 14m individual shoppers, more than for any other supermarket,
frequents its stores and that there is a very loyal consumer base
with 39% of Shoprite's customers shopping exclusively at its
supermarkets.
Ukash vouchers will be available in all Shoprite, Checkers and
Checkers Hyper stores across South Africa. Every store has a Money
Market counter in-store, where customers can buy Ukash vouchers as
well as pay their bills, buy airtime and prepaid electricity while
they shop.
Consumers can obtain Ukash vouchers conveniently from Shoprite
outlets in any value between the minimum R50 and maximum R1500,
which can be split and combined for a more convenient form of
online purchasing.
Ukash, which is the world's largest prepaid-cash issuing estate,
enables consumers around the world to shop, pay and play online
safely using cash. Ukash is a secure payment method developed to
protect personal identity and financial information when making
online transactions; eliminating the threat of credit and debit
card fraud for consumers and repudiations and charge-backs for
retailers.
Mark Chirnside, Chief Executive Officer, Ukash, said: "We are
delighted to be partnering with Shoprite as we pursue our strategic
plan to enable cash consumers to shop online anywhere in the world
using cash. Opening up the availability of Ukash vouchers across
South Africa, where we already have a large presence, means that
our virtual cash is one of the most widely available, innovative
alternative payment systems offered to consumers in the
country."
Globally, Ukash is available at more than 420,000 physical
issuing points and spans 30 countries.