UKASH FOR SOUTH AFRICA

2 May 2008

Innovative payment solution soon available for South Africa's 5 million Internet users


South Africa's five million Internet users will soon have access to the innovative Ukash payments system, according to an announcement this week by CEO Mark Chirnside

“Ukash is a practical and convenient payment method for those consumers who don’t have cards or have concerns about giving out their financial details online”, said Chirnside this week. “We’re pleased to be making Ukash available from hundreds of conveniently located Shell (service station) locations right across South Africa”.

The service is lready available in thousands of locations such as convenience stores, newsagents, post offices and petrol stations across Europe.

Over 200 terminals located in South African Shell Select petrol station shops will shortly be able to issue Ukash vouchers in values between Rands 50 and Rands 1500. Consumers use the unique 19 digit Ukash number printed on the voucher to pay for goods and services online, avoiding the need to use a credit card.

“Ukash is already available to an estimated 226 million European internet users who don't have or don't wish to use credit or debit cards online. I’m pleased that South Africa’s 5 million internet users will now have the chance to use Ukash when they shop, play and pay online”, Chirnside said. “A number of leading South African online stores will be going live soon, providing even more choice for consumers to spend their Ukash”.

Ukash is free of any charges or fees to the consumer, and avoids the need to put financial details on the internet.

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