UKash
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.
Contents
Description
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
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
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
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
A UKash voucher may be purchased with cash in the following countries.
Europe
| 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
| 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
| 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
| Country name | Currency | Symbol | Notes / Alternate |
| China (CHN) | Chinese yuan | CNY | Renmimbi |
| Malaysia (MYS) | Malaysian ringgit | MYR |
North America
| Country name | Currency | Symbol | Notes / Alternate |
| Canada (CAN) | Canadian dollar | CAD | Canadian dollars |
| Mexico (MEX) | Mexican peso | MXN | Mexican pesos |
Central and South America
| 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
| 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
- UKash.com website
- UKash List of Countries where vouchers are sold
- https://en.bitcoin.it/wiki/UKash
- Ukash – NetEnt Casinos with Ukash