UKash

From BitcoinWiki
This is the approved revision of this page, as well as being the most recent.
Jump to: navigation, search
UKash logo

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.

UKash vouchers may be redeemed with merchants where this payment voucher is accepted. This includes Bitcoin exchanges MercaBit.eu and VirWoX. Funds may be added to a CashU account using a UKash voucher. Some bitcoin exchanges, such as Bitcoin Nordic, accept CashU payments for the purchase of bitcoins.

Description[edit]

introducing Ukash

The use of the system is more like the use of real money, because customers are not provided with a personal account with which you can make any financial transactions. However, you should always remember that the voucher code should be presented only when paying for goods, you can not transmit or communicate information to strangers.

Thus, the unit of calculation in the payment system Ukash-voucher, which has its validity, usually a year. Any code can be used only once, if the nominal value of the voucher exceeds the value of the goods or services, the delivery is returned to the buyer in the form of another, corresponding to the amount of the balance. Each user can buy a voucher with a face value of no more than 750 euros and no more than five pieces (total amount 3750 euros) in one hand. When you pay for the goods in the application of payment is entered all 19 digits and the full face value[1].

In addition to purchases, Ukash allows its users to transfer money to registered users, e-wallets of other systems or a virtual account. In addition, if you complete a full registration in the system, each client gets great opportunities: to make an exchange for another currency, disconnect or connect several amounts from different vouchers to obtain the desired amount. All operations within the system are performed using the program Ukash tools available to all users.

History[edit]

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.

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. 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[2].

How it works[edit]

Ukash users were given a unique 19-digit code representing their prepaid money; this was entered when making a transfer, payment or purchase online. If the purchase was less than the value of the code a new 19-digit code could be provided by merchants able to issue ukash, just like change in an offline cash transaction.

PIN Code Starts[edit]

UKash vouchers sold for the local currency in some jurisdictions (such as UKash issued in South African rand/ZAR, or UKash issued in Brazilian reals/BRL ) are for domestic use and cannot be converted to other currencies. The first digits of the voucher's PIN code will indicate if the voucher has this restriction (this list includes PINS beginning 633718150 for rand/ZAR, and 633718192 for reals/BRL).

PIN code starts for Ukash USD that can be used globally include on of either 633718177 or 633718577. PIN code starts for Ukash EUR that can be used globally include on of either 633718179 or 633718579[3].

Where to purchase[edit]

A UKash voucher may be purchased with cash in the following countries.

Europe[edit]

Country name Currency Symbol Notes / Alternate
Austria (AUT) Euro EUR Euros
Belgium (BEL) Euro EUR Euros
Czech Republich (DZE) Czech koruna CZY Czech koruna
Cyprus (CYP) Euro EUR Euros
Denmark (DNK) Danish krone DKK Danish kroner
Estonia (Est) Euro EUR Euros
Finland (FIN) Euro EUR Euros
France (FRA) Euro EUR Euros
Germany (DEU) Euro EUR Euros
Greece (GRC) Euro EUR Euros
Hungary (HUN) Hungarian forint HUF Hungarian forints
Ireland (IRL) Euro EUR Euros
Italy (ITA) Euro EUR Euros
Netherlands (NLD) Euro EUR Euros
Norway (NOR) Norwegian krone NOK Norwegian kroner (or kronor)
Poland (POL) Polish zloty PLN Polish zlotys
Portugal (PRT) Euro EUR Euros
Russia (RUS) Russian ruble RUB Russian rubles
Slovenia (SVN) Euro EUR Euros
Spain (ESP) Euro EUR Euros
Sweden (SWE) Swedish krona SEK Swedish kronor
Switzerland (CHE) Swiss franc CHF Swiss francs
Ukraine (UKR) Ukrainian hryvnia UAH Ukrainian hryvni
United Kingdom (GBR) British sterling pound GBP British sterling pounds

Middle East[edit]

Country name Currency Symbol Notes / Alternate
Bahrain (BHR) Bahraini dinar BHD Bahraini dinars
Iraq (IRQ) Iraqi dinar IQD Iraqi dinars
Israel (ISR) Isreali new shekel ILS Israeli new shekels (NIS)
Jordan (JOR) Jordanian dinar JOD Jordanian dinars
Kuwait (KWT) Kuwaiti dinar KWD Kuwaiti dinars
Lebanon (LBN) Lebanese pound LGP Lebanese pounds
Oman (OMN) Omani rial OMR Omani rials
Palestine (PLS) n/a n/a CashU purchases in Palestine made with U.S. Dollars / USD.
Qatar (QAT) Qatari riyal QAR Qatari riyals
Saudi Arabia (SAU) Saudi riyal SAR Kingdom of Saudi Arabia (KSA) - Saudi Arabian riyals
Syria (SYR) Syrian pound SYP Syrian pounds
Yemen (YEM) Yemeni rial YER Yemeni rials
United Arab Emirates (UAE) UAE dirham AED UAE darahim (or dirhams)

Africa[edit]

Country name Currency Symbol Notes / Alternate
Algeria (DZA) Algerian dinar DZD Algerian dinars
Egypt (EGY) Egyptian pound EGP Egyptian pounds
Ghana (GHA) Ghana cedi GHS
Libya (LBY) Libyan dinar LYD Libyan dinars
Morocco (MAR) Moroccan dirham MAD Moroccan darahim (dirhams)
Nigeria (NGA) Nigerian naira NGN
South Africa (ZAF) South African rand ZAR
Tunisia (TUN) Tunisian dinar TND Tunisian dinars

Asia[edit]

Country name Currency Symbol Notes / Alternate
China (CHN) Chinese yuan CNY Renmimbi
Malaysia (MYS) Malaysian ringgit MYR

North America[edit]

Country name Currency Symbol Notes / Alternate
Canada (CAN) Canadian dollar CAD Canadian dollars
Mexico (MEX) Mexican peso MXN Mexican pesos

Central and South America[edit]

Country name Currency Symbol Notes / Alternate
Argentina (ARG) Argentine peso ARS Argentine pesos
Bolivia (BOL) Bolivian boliviano BOB Bolivian bolivianos
Brazil (BRA) Brazilian real BRL Brazilian reals
Colombia (COL) Colombian peso COP Colombian pesos
Equador (ECU) n/a n/a UKash vouchers are purchased using U.S. Dollars (USD)
Uraguay (URU) Uruguayan peso URY Uruguayan pesos

Oceania[edit]

Country name Currency Symbol Notes / Alternate
Australia (AUS) Australian dollar AUD Australian dollars
New Zealand (NZL) New Zealand dollar NZD New Zealand dollars

External Links[edit]

See Also on BitcoinWiki[edit]

References[edit]

  1. UKash Betting Sites - Online Bookmakers That Accept UKash
  2. Top UKash Bookmakers: Where To Bet With UKash - Betting Websites
  3. Authorised Ukash Resellers (AUR) Locator