07/12/2009

'Cyber Monday' warning for online shoppers

As consumers are being warned about the dangers of online fraud on 'Cyber Monday' Ukash is advising the public to use new alternative payment methods to guarantee protection from cyber crime.

Today (Monday 7 December) is being dubbed 'Cyber Monday' as British shoppers are expected to spend a record £350m online as they use the internet for their Christmas shopping.

But as they do so, consumers are being warned that they are more likely than ever to become the victims of online fraud and fake websites.

http://news.bbc.co.uk/1/hi/business/8396256.stm

Ukash is an alternative payment method that allows consumers to shop, pay and play online using cash - completely free from the risk of credit card fraud and identity theft.

Ukash has grown in popularity as consumers fight the Credit Crunch by being more careful with how they spend money. Using cash online means that you don't run the risk of running up debts on credit cards, nor are you required to provide any financial details that could be stolen by cyber criminals.

To use Ukash you simply exchange cash for a Ukash voucher - which can be bought from more than 300,000 physical outlets globally or securely online - which as a unique PIN that can be used to authorised the purchase.

Mark Chirnside, chief executive officer Ukash, explains, "The internet is a great way for people to do their Christmas shopping but the last thing you want this Christmas is to find somebody has accessed your details and made you a victim of cyber crime. Using Ukash to pay for your internet shopping is a great way to protect yourself from identity theft and keep your spending in check. Alternative payment methods like Ukash are becoming more popular as awareness of online crime grows, as it provides a great way for consumers to shop safe in the knowledge that nobody can steal their details."

For details on where you can get Ukash instore or online, visit www.ukash.com/find

 

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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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