Ukash, the world's largest prepaid-cash issuing estate, has
announced its new partnership to introduce Ukash online issuing to
customers in China for the first time. This marks further steps in
Ukash's strategy to make online shopping accesible to everybody,
anywhere in the world.
Already available in 26 countries and with more than 300,000
global physical issuing points, Ukash's move into China is
indicative of the company's rapid expansion and continued efforts
to provide easy, controlled and anonymous online cash payments.
Through this partnership, consumers are able to order their
unique voucher through an online 'pinshop' and pay using their
China Union Pay branded debit card which is issued by all major
banks in China.
Available in denominations of USD 5, 10, 20, 30, 40, 50, online
bank transactions are secured by a mandatory physical security
device, which ensures consumer details are kept completely safe
whilst acquiring their Ukash vouchers. Ukash vouchers are issued in
USD directly from a customer's CNY bank account and conversion
details are shown onscreen.
Mark Chirnside, chief executive officer, Ukash said: "A lot of
digitally nervous consumers are reluctant to shop online, fearful
of revealing their financial details and becoming victims of online
fraud in the process. This makes Ukash increasingly relevant, as it
guarantees consumer safety when playing, shopping or paying online.
The expansion of our online issuing function means that customers
in China can now benefit from making payments online with the ease
and simplicity of Ukash vouchers, with full financial anonymity and
without ever having to set foot inside a store."