Ukash
Encyclopedia
Ukash is a brand of SmartVoucher Ltd and was created in 2005 to provide online cash-payment services. It is available in 33 countries, through payment terminals in retail outlets across Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...

, South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...

, South America
South America
South America is a continent situated in the Western Hemisphere, mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere. The continent is also considered a subcontinent of the Americas. It is bordered on the west by the Pacific Ocean and on the north and east...

, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

 and Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

 and it is also issued online from the company’s website. Ukash is a trading name of Smart Voucher Ltd.

Founded in the UK, Ukash is regulated by the Financial Services Authority
Financial Services Authority
The Financial Services Authority is a quasi-judicial body responsible for the regulation of the financial services industry in the United Kingdom. Its board is appointed by the Treasury and the organisation is structured as a company limited by guarantee and owned by the UK government. Its main...

.

South African-based Blue Label Telecoms Group became a strategic partner of Ukash in September 2008. Blue Label Group is a distributor of prepaid secure electronic tokens of value and transactional services within emerging and developing economies and has worked with Microsoft Corporation since 2007.

Products

Ukash is the name of a 19 digit voucher given to customers in exchange for cash via shops or online, from bank accounts and e-wallets. Ukash is an e-money network. Cash in amounts up to £500/€750 can be swapped for a 19-digit Ukash voucher in payment terminals and retail outlets. It is also available online, from bank accounts and e-wallets. A 19-digit Ukash voucher can be spent online.

Ukash Neo

Ukash Neo is a prepaid Mastercard
MasterCard
Mastercard Incorporated or MasterCard Worldwide is an American multinational financial services corporation with its headquarters in the MasterCard International Global Headquarters, Purchase, Harrison, New York, United States...

, launched in 2010 in the UK and Germany which allows consumers to shop online using cash anywhere that accepts Mastercard. Consumers can exchange cash for a Ukash voucher (link back to Ukash voucher) to purchase Ukash Neo at UkashNeo.com. The 19-digit Ukash voucher will be converted into a virtual Mastercard with a number, expiry date and security code to be used online.

Ukash Air

Ukash air is a way to add airtime credit to prepaid mobiles abroad. Consumers can send call credit to mobile phones in other countries.

Ukash Payout

Ukash PayOut is a product for the gaming and gambling industry which allows operators to pay out to customers using cash, with a Ukash voucher instantly.

Awards

On April 21, 2011 it was announced that Ukash was awarded a Queen's Awards for Enterprise
Queen's Awards for Enterprise
The Queen's Awards for Enterprise is an awards programme for British businesses and other organizations who excel at international trade, innovation or sustainable development. They are the highest official UK awards for British businesses...

 in the International Trade category. The Queen’s Awards is the highest official UK award for British businesses. The prestigious award recognises UK businesses that have achieved substantial growth in overseas earnings and outstanding levels of commercial success. Ukash, operating under the holding name of Smart Voucher, was awarded as a result of its geographical and financial growth.

In September 2011, Ukash made it to number 23 in the 11th Tech Track 100 league table, published in The Sunday Times. This league table ranks the top 100 fastest-growing technology companies in the UK. Ukash were awarded the number 23 spot for the rapid revenue growth experienced over the past five years due to overseas expansion.

The company was nominated in 2010 for the Billing Company of the Year (Alternative) award at the XBIZ Award
XBIZ Award
XBIZ Awards are given annually to honor "individuals, companies, performers and products that play an essential part in the growth and success of adult entertainment". Organized by the adult industry trade magazine XBIZ, the awards were first given in 2003...

.
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