Ukash is a voucher based payment method, which can be used for online shopping and depositing on gambling sites. Ukash vouchers can be purchased in cash by going to one of the 420,000 outlets selling them, in more than 55 countries worldwide. The voucher provides the customer with a unique 19 digit pin that has to be entered upon purchase or deposits online. Ukash is an ideal way to pay online safely, without having to provide any bank details.
Ukash was founded in 2005 in the United Kingdom by Smart Voucher Ltd. Ukash is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom as an electronic money business.
Shortly after the opening of the company, Ukash started to expand the business worldwide and created outlets in 55 different countries, making them the biggest eVoucher company in the world.
Ukash has been known to be associated with many scams, due to customers not treating the vouchers the same way as they would with cash. The scams usually happened when people gave away their unique pin to other people over the phone or on non-authorized Ukash sites. To avoid these scams, Ukash created a website with guidelines on how to treat the vouchers and ensure that the vouchers are safe.
Ukash has won several awards over the years, including the “Queen’s Award For Enterprise” three years in a row. The award is given to companies that show sustainable growth overseas in recent years.
Ukash is a popular and widely accepted deposit method in online gambling. The popularity comes from its anonymity for the person using it, as they can buy it with cash and not be required to give any personal or bank information at the purchase. Players simply enter the unique 19 digit pin on the voucher purchased and the deposit will be granted instantly to play with. It is also possible to split up each voucher into smaller pieces, to do smaller payments or deposits. This means that if you have a €100 Ukash voucher and want to deposit €25, you simply go to their website and create a smaller value code worth €25 and the remaining €75 will remain on your main voucher.
All the biggest casino companies such as Playtech, Netent, Amaya and Real Time Gaming all accept Ukash as deposit method, but just as with Paysafecard Ukash cannot be used to withdraw any funds. The big US friendly casino sites also accept Ukash as a deposit method, even if Americans do not have the option to purchase these eVouchers. The reason is that many European players use them and that Americans travelling to a country selling these vouchers can purchase and use them as well.
Ukash is a great and anonymous alternative to using your credit card, e-wallet or doing a bank wire.
Ukash was a digital payment method that allowed customers to purchase vouchers with cash from retail outlets and use them to make online purchases, including online gambling. Ukash vouchers had a 19-digit code that could be entered at online merchants, including Ukash casinos, to transfer the funds from the voucher to the player’s account. This payment method was popular among players who wanted to gamble online but didn’t have a credit or debit card or didn’t want to use one for online transactions.
All major US friendly casinos accept Ukash as a deposit method, even though Americans cannot purchase Ukash vouchers from USA. The reason for this is that Americans can buy the vouchers if they travel abroad to a country that sells the vouchers and use them to deposit with. Also Europeans use Ukash vouchers as a popular deposit method and the US friendly casino have the option to cater for them.
Real Time Gaming and all of its partners is an example of a US friendly online casino that accepts Ukash deposits.
Ukash was acquired by Skrill Group in 2014, and it was later merged with another prepaid service called Paysafecard. Since then, the Ukash brand has been phased out and no longer exists. Customers who used Ukash were given the option to convert their remaining balances to paysafecard vouchers, which can be used at many online merchants and casinos. Paysafecard continues to be a popular prepaid payment method for online gaming and other digital transactions, offering a secure and convenient way to make purchases without the need for a bank account or credit card.
After Ukash was discontinued in 2015, many online casinos shifted to other payment options to cater to their customers. Here are some of the most popular alternatives to Ukash casinos: