As Ukash, the online payment specialist, continues in its quest
to make online shopping available to everybody, anywhere in the
world, the company has signed a significant global deal with epay,
a Division of Euronet Worldwide, Inc. - a leading provider of
payment services and technology - to distribute Ukash vouchers
across the epay retailer network in Australasia and
Europe.
This latest deal means that Ukash, and its holding company Smart
Voucher, is accessible for either direct-to-consumer or 'white
label' solutions on every major continent in the world - in order
to offer a wider range of global internet users the opportunity to
pay, play and shop online using cash.
The Ukash partnership with epay - with its worldwide cash
collection network - offers consumers a secure and easy payment
method for purchases using cash. Consumers will be able to obtain
Ukash vouchers from thousands of existing epay merchants, which can
then be used as a payment method online. This provides consumers
with a secure payment system where they don't need to reveal any
financial information, enabling those without access to credit or
debit cards - or those with fears of online fraud - to enjoy online
shopping.
The epay and Ukash deal will:
- - see Ukash launch its physical estate for the first time in
Australia and New Zealand
- - extend its European coverage with physical estate in Italy
and Poland
- - extend its existing presence in Germany and Spain
- - increase epay's portfolio of payment products in these six
countries
These are key growth markets for Ukash as the company looks to
establish itself in countries where internet shopping is predicted
to rise sharply.
Mark Chirnside, chief executive officer Ukash, explained, "Our
global expansion is the major focus for Ukash as we continue to
increase the availability of our product and make online shopping
available to anybody, anywhere in the world. By partnering with
epay we are able to reach a huge number of potential new customers
and expand our global footprint to allow more customers to pay,
play and shop online using cash."
"epay is pleased to be able to partner with Ukash, thereby
combining the strengths of both businesses to offer consumers more
convenient locations to obtain Ukash vouchers - a safe and
alternative method of online payment," said Gareth Gumbley, chief
executive officer epay. "Utilising our worldwide cash collection
network, we can deliver a value-added service to Ukash customers,
further extending our payment service and technology offering."