20/10/2008

We have a new director of marketing

Paul Coxhill has joined the Ukash team as our new marketing director to help us grow - welcome to the family!

Ukash, the international online cash payment solution, announced today the appointment of a new marketing director, Paul Coxhill, following a major investment deal with South African Blue Label Telecoms last month.

With 13 years experience in international and UK retail banking, Coxhill will oversee the Ukash marketing team and further establish the company as the global market leader in the alternative payments industry.

Prior to joining Ukash, Coxhill held a range of senior marketing positions at Barclays for 10 years before joining ASBA in South Africa where he led the marketing synergy programme during the merger of the two banks.

UkashTM online "cash" transactions have grown at a rate of 257 per cent in the last two years, and to capitalise on this growth, the company will conduct global marketing campaigns including research to measure cultural attitudes towards personal finance, debt and identity fraud.

Mark Chirnside, CEO of Ukash said: "The alternative payments industry is experiencing strong growth, and we believe the expertise Paul will bring to the table along with the recent investment deal with Blue Label Telecoms will accelerate Ukash's growth as the leading cash payment solution in the market."

Ukash vouchers are issued across the United Kingdom, Europe and Africa through payment terminals in retail outlets and direct to mobile, and can be redeemed on hundreds of lifestyle, shopping, Voice over IP, social networking, virtual worlds and gaming websites.

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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.

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