Ukash - Your European Alternative Payment System
We live in a world of alternatives - alternative medicine, alternative energy, and alternative health treatments. Now Ukash is offering us an alternative payment system.
Ukash provides an alternative way for people to pay for goods and services online. Scott Thomson, who launched the Switch payment card in the UK, spotted a 'hole' in the financial and payment markets and came up with an entirely new concept of paying. He called it Ukash. What Thomson noted is that there people who do not have credit cards or even bank accounts. These people want to buy goods on the internet and want to gamble in online casinos, therefore they need to be able to transfer funds, an impossibility without a credit card or a bank account. Other folk are nervous about internet fraud and still others wish to remain completely anonymous. All these factors pointed to the need for an alternative payment system and Ukash was born.
Ukash is one of the most private and convenient online payment tools available. It is especially convenient for those people who do not own credit cards or do not like to use credit cards for online transactions.
How Ukash worksPeople can pre-pay for items online using Ukash coupons which can be purchased at many shops just like you buy a newspaper. Each Ukash voucher purchased has its own unique 19-digit code which is then entered on the checkout selection of a shopping website. A person who has a bank account and does not want to use it for some reason, can make a bank transfer, either at the bank, or using internet banking, and receive their Ukash voucher. The system is easy, "Cash in - Ukash out". You use cash to buy Ukash coupons and then spend the coupons. It is safe, quick, easy and anonymous. There are other advantages too: there are no age restrictions and no one will ask you for your personal or financial details.
Ukash is strictly legalUkash is based in the City of London and is regulated by the Financial Services Authority (FSA) as an Electronic Money Institution. Ukash is so legal; that there are about 120,000 payment terminals to be found in corner shops, convenience stores, newsagents and petrol forecourts across 17 countries in Europe. At this time Ukash operates only in Europe but is expanding rapidly as the advantages of the system become more and more attractive.
How do I go about using it?Take your cash to your local shop showing the PayPoint sign. Ask the shopkeeper for Ukash vouchers which come in many different values. Pay for your voucher with cash. You are now ready to spend your Ukash on your favorite websites.
Where do I go to find Ukash?All establishments such as convenience stores, newsagents, post offices and petrol stations displaying a PayPoint, payzone or e-pay logo sell Ukash vouchers.
How about online casinos?Internet users can visit their local Ukash vendor, pay cash for a voucher, and instantly fund their online casino accounts. All Jackpots Online Casino accepts Ukash coupons, and will be only too pleased to see the word Ukash at the top of the money transfer slip. For us, Ukash means that the money is guaranteed and safe and not subject to the whims of the banks and credit card companies.
Ukash is safe cash moving at the speed of the internet. Try it now!
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