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Ukash, the Global eMoney Network, is delighted to accept
its first ever Queen's Award for Enterprise in the International Trade category. The award is a great achievement for the company and an acknowledgement of the continued financial and geographical growth over the past few years thanks to its staff, partners and customers.
Ukash, the trading name of holding company Smart Voucher, is proud of its global expansion, which lets consumers all over the world use their cash online in a safe and secure way.
Ukash empowers people to use cash electronically, irrespective of status, device or boundary. Ukash is a prepaid, secure payment method developed to protect personal identity and financial information when making online transactions - eliminating the threat of credit and debit card fraud for consumers.
With Ukash, consumers can exchange their cash for a 19 digit single-use PIN code (vouchers are either printed or in electronic form as an SMS, email or on-screen) that can be used
to pay online at over 5,500 websites that accept Ukash as a payment method.
The Ukash proposition relies on the development of partner relationships to drive global growth. The growth of the Ukash business over the past three years is a result of nurturing consumers, issuers and web-merchants via dedicated sales and relationship-management teams, who receive commission for recruiting, retaining and growing new partners in target sectors and countries.
Ukash vouchers are distributed through physical issuing points - shops, kiosk, ATMs and telephone booths - in 6 continents across the globe. By issuing Ukash vouchers, retailers can create an additional revenue stream for their stores without adding any physical goods as a Ukash voucher is simply printed from existing till points. In the last three years, Ukash has grown from 100,000 issuing points in 8 countries to around 420,000 issuing points in over 50 countries. Transaction volume and value have almost doubled in each of the three years: an increase of over 300%, with almost 70% of Ukash's earnings now coming from overseas. This financial year has firmly established Ukash as a profitable company, with further expansion achieved in both Europe and Latin America.
Ukash
The Trading name of Smart Voucher Ltd.
5-7, Tanner Street, London
SE1 3LE UK
Tel: +44 (0) 20 7089 4067
marketing@ukash.com
www.ukash.com
www.twitter.com/@PayWithUkash
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David Hunter, Chief Executive of Ukash
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