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International cash vouchers now in Shoprite

8 Apr 2010

LONDON: Ukash, reportedly the world's largest prepaid-cash issuing estate, which enables consumers around the world to shop, pay and play online safely using cash, has signed a deal with Shoprite to enable South African consumers to purchase its vouchers from the group's outlets.

Every store has a Money Market counter in-store, where customers can buy the vouchers as well as pay their bills, buy airtime and prepaid electricity while they shop. The vouchers are in any value between the minimum R50 and maximum R1500, which can be split and combined for a more convenient form of online purchasing.

Ukash is a secure payment method developed to protect personal identity and financial information when making online transactions; eliminating the threat of credit and debit card fraud for consumers and repudiations and charge-backs for retailers.

Mark Chirnside, CEO Ukash, said, “We are delighted to be partnering with Shoprite as we pursue our strategic plan to enable cash consumers to shop online anywhere in the world using cash. Opening up the availability of these vouchers across South Africa, where we already have a large presence, means that our virtual cash is one of the most widely available, innovative alternative payment systems offered to consumers in the country.”

Globally, Ukash is available at more than 420 000 physical issuing points and spans 30 countries.