PayU Payment Solutions
PayU is a mobile and online payment service provider that enables and empowers businesses and individuals in the Middle East and Africa to safely transact and easily participate in the economy. PayU Payment Solutions (PayU MEA), headquartered in Cape Town, South Africa, is a subsidiary within the Naspers group of companies. The company's products include a digital wallet and a PCI DSS certified payment gateway, PayU SafeShop. For more information, visit www.PayU.co.za or contact Pearl Mngomezulu at Pearl.mngomezulu@payu.co.za or (082) 561 6101.
Ukash
Ukash is the Global e-Money Network and internationally recognised e-commerce cash payment method that enables consumers from anywhere in the world to shop, pay and play online safely, using cash. 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 vouchers are purchased with cash in retail outlets and issued online from the company's Web site. The unique 19-digit vouchers are then used to pay directly with cash on any of the thousands of Web sites that accept Ukash transactions worldwide.
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 in six continents. In 2008, Ukash established a strategic partnership with South African payments giant Blue Label Telecoms - part-owned by Microsoft - to develop the brand's services.
Ukash is regulated by the UK Financial Services Authority (FSA) and operates as one of only a small number of Electronic Money Institutions, a status that allows a single maximum online cash payment transaction of up to lb500/EUR750.
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 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 over 50 countries around the world, across six continents
- Ukash can be spent at more than 5 000 Web sites
- Ukash is available in 14 currencies
What are the benefits?
- Ukash is the safe and secure way to pay - there's no need to share financial details online.
- Ukash PayU opens up new markets to 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 at 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.
For more information on where Ukash is issued, please visit www.ukash.com/countries and follow the company on Twitter www.twitter.com/ukashbusiness.
Ukash is as easy as cash and carries the same benefits and risks - ensure you shop, pay and play carefully.