Ukash is a financial services provider based in the UK that allows online payments through vouchers purchased with cash from a retail outlet, working in the same manner as Paysafecard and Ticket Surf. It’s available in more than 50 countries and from one of over 425,000 physical points of sale worldwide. The system allows payments to be made using voucher codes. You buy a specific denomination of Ukash voucher and then use the 19 digit code provided to make your purchases online.
In a similar way to other payment providers, Ukash now offers the option to sign up for a Ukash MasterCard which you can charge up with available funds to use at physical outlets or online. They also offer the option of a travel money card too. To locate one of the many points of sale for Ukash vouchers you can use their outlet locator which is provided on their website or download the Ukash app which allows you to locate establishments that sell Ukash vouchers and easily navigate to them by using your mobile phone.
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How does Ukash work?
Very simply, in order to use Ukash you would go to one of the thousands of providers and buy a prepaid voucher in exchange for cash. You then use the 19 digit code provided on the voucher to purchase goods or services online. Ukash vouchers are issued in a wide variety of denominations and in some countries it’s possible to purchase Ukash codes online also. When it comes to making payments online the currency is then converted from the local currency into one of the major ones such as U.S Dollars, Euros or Pounds sterling.
They also recently made available a MasterCard which you can load with prepay and use to make physical purchases and also payments online. By using this method you are able to withdraw from ATM’s worldwide.
Ukash: The pros and cons
Not sure about Ukash? Before making your mind up why not check out some alternative payment options from the list below: