Ukash, the Global e-Money Network, has announced two senior management appointments to support the next stage of the company's international growth and development.
James Allum has been appointed Commercial Director and will play a key role in developing Ukash's international footprint, increasing distribution in both new and existing territories. Formerly Chief Executive Officer of Western Union Payments Service UK, Allum has more than 12 years' global sales and marketing experience and a proven track record in business development across all areas of the payments sector.
Jon Fox, who joins Ukash as Sales Director, has over five years' senior management experience with WorldPay, formerly part of the Royal Bank of Scotland Group. Fox is a specialist in project and relationship management, and will drive merchant acquisition growth in new and existing sectors and will further establish Ukash as an essential e-retail payment acceptance brand.
David Hunter, CEO of Ukash, said: "Ukash has achieved exceptional growth over the past three years, and we are in great shape to continue this into the next phase of expansion. I'm delighted, therefore, to welcome Jon and James to the senior management team, and see them being pivotal to the acceleration of our ambitious plans."
Ukash empowers people to exchange their coins and banknotes for a unique 19-digit Ukash code, which can be used as payment on thousands of Web sites. With Ukash, online payments are safe, secure and convenient, with no need to reveal personal financial information.
What is Ukash?
Ukash is the Global e-Money Network and internationally recognised e-commerce cash payment method that enables consumers around the world to use cash to shop, pay and play online, safely, securely and conveniently. This secure payment method was developed to protect personal identity and financial information when making online transactions, reducing the threat of credit and debit card fraud for consumers and repudiations and charge-backs for retailers. Ukash has no age limit, so consumers of all ages can make the most of safe payment online.
Ukash codes are purchased with cash in retail outlets such as shops, petrol stations and kiosks, and issued online from the company's Web site. The unique 19-digit codes can then be used to pay directly on any of the thousands of Web sites that accept Ukash transactions worldwide, or can be loaded onto prepaid cards and e-wallets.
Established in 2001 under the holding company Smart Voucher, Ukash has grown to more than 420 000 physical points of purchase, and is available in more than 50 countries around the world on six continents. In 2008, Ukash established a strategic partnership with South African payments giant Blue Label Telecoms to develop the brand's services.
Ukash is regulated by the UK Financial Services Authority (FSA). The maximum single value allowed is £200/EUR250, or equivalent in other currencies, and the maximum amount that can be held by an individual customer is £1 000/EUR1 250, or equivalent in other currencies.
In 2011, HM The Queen awarded Ukash a Queen's Award for Enterprise in the International Trade category. 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. Ukash was extremely proud to have been awarded the same honour for a consecutive year in 2012. Ukash was included in the Sunday Times Microsoft Tech Track 100 in 2011, which identifies and ranks the most successful private companies in a league table.
The technology behind Ukash is protected by patent law in all the major economies of the world. Ukash is a registered trademark of Smart Voucher Ltd.
The facts
* Ukash was established in 2005.
* Ukash has grown to over 420 000 physical points of purchase.
* Ukash is available in 57 countries around the world, across six continents.
* Ukash can be spent on 5 000 Web sites.
* Ukash is available in 20 currencies.
What are the benefits?
Ukash is the safe and secure way to pay - there's no need to share financial details online.
Ukash empowers consumers to use cash electronically, irrespective of status, device or boundary, regardless of having a credit or debit card, and enables them to stay in control of spending.
Ukash is flexible: consumers can take Ukash and split it into smaller amounts, combine into larger amounts, convert into other currencies, or even donate Ukash change to charity.
Ukash is convenient, simple and FREE. Ukash is also available via online bank transfer and it is easy to use on any Web site that accepts Ukash.
Ukash is available for all - whether you are concerned by online fraud or don't have a bank card, you can use Ukash to pay, play and shop online at thousands of global locations.
Ukash opens up new markets for companies to sell their goods and services online to those without credit or debit cards, even bank accounts, and those simply reluctant to give financial details online.
Find Ukash on social media:
Twitter: @PayWithUkash
Facebook: http://www.facebook.com/PayWithUkash
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