Ukash

Ukash
Private company
IndustryFinancial Services
Fateacquired by Paysafe Group
Founded2005 (2005)
DefunctAugust 2015 (2015-08)
HeadquartersLondon, United Kingdom
ProductsUkash
ParentSmart Voucher Ltd.[1]
Websitewww.ukash.com

Ukash was a UK-based electronic money system that allowed users to exchange their cash for a secure code to make payments online. It was acquired by Skrill Group in April 2014, who merged the online voucher into the paysafecard system, acquired by Skrill a year earlier. All existing vouchers expired after 31 October 2015. Remaining ones can be exchanged into paysafecards.[2]

The system allowed users to exchange their cash for a secure code. The code was then used to make payments online, to load cards or e-wallets or for money transfer. Codes were distributed around the world by participating retail locations, kiosks[1] and ATMs.

History

The service was founded in 2005.

In 2013, the company supported the launch of AvoidOnlineScams.net, which offers information about how to avoid online scams and ransomware.[3]

In June 2014 Ukash launched the Ukash Travel Money Prepaid MasterCard, a reloadable prepaid MasterCard for euros and U.S. dollars that could be used anywhere that accepted MasterCard.

In April 2015 Ukash became part of Skrill Group.[4] As a result, the Ukash online cash voucher scheme was replaced with Skrill Group’s paysafecard scheme on 31 October 2015. Ukash distribution stopped on 31 August 2015 and any existing vouchers could be spent until 31 October 2015.

Other Languages
العربية: يوكاش
Deutsch: Ukash
português: Ukash
Türkçe: Ukash