SCANDINAVIAN EXPANSION FOR UKASH
4 December 2009
Deal with Spendon will open up another 500
access points
Online payments business Ukash has signed a deal with
Spendon, a product of the Swedish Convenient Card AS
company, which will make Ukash available in more than
500 additional new outlets in Sweden.
Ukash
vouchers, which allow consumers to shop online
anonymously using cash, will now be available in over
300 Pressbyran kiosks and all 200 7Eleven branches found
inside Shell petrol stations.
Swedish customers
who do not have access to credit and debit cards or
those that are fearful of online fraud will be able to
exchange cash for Ukash vouchers available in
denominations of SEK 100, SEK 250, SEK 500 and SEK 1 500
and use them to shop, pay and play online. Ukash has
an existing presence in Sweden, with over 2 000 points
of purchase.
Ukash vouchers are available through
payment terminals in retail outlets across Europe, South
Africa and Australia and are also issued online from the
company’s website in selected European territories. Most
recently, the company introduced its e-cash product on
the Ukrainian market as a result of a collaboration with
commercial bank PrivatBank (see previous InfoPowa
report).
Convenient Card is a company jointly
owned by the PayEx group and Reitan Servicehandel,
offering various payment services for the retail and
service industries in Sweden.
Online Casino News Courtesy of
Infopowa
More news here.
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