27/08/2009

Ukash introduces secure way to pay on world’s largest poker site

Ukash, the fast growing global e-commerce payment solution, has today announced the introduction of the Ukash payment method onto PokerStars.com, the world's largest poker site. This collaboration is part of Ukash's continued effort to bring easy, controlled and anonymous online cash payments to anyone from anywhere in the world.

Millions of PokerStars.com visitors will now be able to make online payments for their games using cash instead of credit or debit cards. Poker players can benefit from the anonymity and added security of not needing to input their financial details online; reducing the risk of card fraud and identity theft.

With rising consumer sensitivity around anonymity and sharing personal financial information on poker and other gaming and entertainment sites, the Ukash e-cash solution will open online gaming to millions of digitally excluded customers without credit or debit cards, as well as those who simply prefer to use cash.

Mark Chirnside, chief executive officer, Ukash said: "This deal with PokerStars is just another step towards our goal of enabling anyone, anywhere in the world to reap the benefits of using cash as a payment method online. E-cash is the global way forward for online entertainment and commerce. It is the only guaranteed way for online players to make payments on poker sites completely anonymously and securely, without ever having to worry about fraud."

"We are excited about this new partnership with PokerStars, which shows the value and demand for the Ukash proposition, allowing online merchants to offer a solution that reduces the risk of credit card fraud on their sites as well as opening their services up to a broader cash consumer."

PokerStars is the world's largest poker site, with millions of members worldwide, and in 2009 it broke the Guinness World Record for holding the largest ever online tournament. It offers many different popular poker games including Texas Hold'em, Omaha, Stud, Draw poker and mixed game variants.

Ukash, which is available in the UK, mainland Europe, South Africa and Australia has an existing global network of 275,000 issuing points and can be obtained online in Australia, Belgium, Sweden, France, Spain, Russia, Poland, UK and the Netherlands. The online issuance of Ukash vouchers allows consumers to make easy, private and secure online payments any time of the day from virtually anywhere in the world.

www.ukash.com

 

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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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