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Ukash Now in Australia

Ukash has brought Australia into its widening international net of customer outlets, inking a deal with epay Australia.
 
Ukash vouchers, which allow consumers to shop, pay and play online using cash, will initially be available at 3 600 outlets across Australia with the possibility of expansion later in the year.
 
The move will enable the company to tap into Australia's large cash market, its growing number of internet users and its 9 million consumers - nearly half the population - that are concerned at the chances of cyber crime and identity

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theft online. Credit card fraud is one of the most common forms of theft in Australia and with 39 percent of the population having been the victim of cyber crime, it is the country with the highest incidence of online fraud in the world, said a kash spokesman.
 
Ukash, which is based in the UK and is regulated by the Financial Services Authority (FSA), has an existing global network of 275 000 issuing points, providing a payment solution to consumers across the UK, Europe and South Africa. The Ukash business model has proved highly attractive to consumers and retailers alike; Ukash currently process several million transactions annually, with values in excess of Euro 100 million.
 
One of the major benefits of using Ukash is that customers do not need to have access to a bank account or credit card to shop online. And according to research conducted by the Reserve Bank of Australia, cash is still the primary payment method preferred by Aussies, accounting for 70 percent of all transactions made.
 
The deal with epay allows users to exchange their cash in-store and receive Ukash vouchers - which are available in Oz dollars in amounts of $10, $20, $50, $100, $200 and $500 - with a unique code that users simply provide when paying online. The anonymity of buying and spending Ukash means that no financial details are required from the consumer, and people can shop online without worrying about the continued risk of online identity theft.
 
Ukash will be available to consumers across Australia from epay retailers, including petrol stations and convenience stores. This will complement the Ukash Online solution, which allows consumers in Australia to purchase Ukash online directly from their bank account through all major banks - a secure online issuance function which provides comprehensive authentication and verification technology to online consumers.

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Ukash vouchers can be used to shop, pay and play online and amongst the commercial many sectors where Ukash is popular, demand for cash payment methods in the online betting and VoIP markets has been particularly strong.
 
Mark Chirnside, chief executive officer Ukash said:  "Ukash is embarking on a period of international expansion as we continue to make online shopping available to anybody, anywhere in the world. By opening up internet shopping to the cash market Ukash allows those without bank accounts or credit cards, or those who have fears of online fraud, to shop securely online using cash.
 
"We are excited by our move into the Australian market, which we believe will be another strategic success for our company and we are looking forward to working with retailers here to help them develop valuable new revenue streams."
 
In September 2008 Ukash received significant additional funding from South African giant Blue Label Telecoms, part-owned by Microsoft, which acted as a catalyst in the company's international expansion. Ukash has signed major deals with international partners which has seen the company treble in size over the last 12 months and by 2010 it will be issuing Ukash vouchers across all five continents, and the company is currently pursuing a number of other strategic prepaid projects to enable the cash consumer to shop online anywhere in the world.



Gambling News :

IS MetroPlay-666bet Ready To Pay - The MetroPlay-666Bet online casino, whose licence remains suspended pending the outcome of UK Gambling Commission enquiries into its suitability, appears to be at last making concrete moves toward getting its players paid.

Arabian Nights progressive slot worth Euro 2,633,036 Hits - At 3:47am on the 23rd of April, most people in Sweden were sleeping. However, one person was busy becoming Guts.com's first ever millionaire, and with a click of the spin button she won the jackpot on the Arabian Nights progressive slot worth Euro 2,633,036.

Gaymazing Poker Race Stopped By Beijing Police - It's not just Pokerstars that has seen a poker tournament disrupted by the Chinese police recently ; Chinese media in Beijing report that a gay poker race has been cancelled following police intervention.

888Poker Now Number 2 in Spain - The independent online poker monitor Pokerscout reports that 888Poker is now the second most visited online poker operator in the dedicated Spanish market, reprising its success in the similarly ring-fenced Italian market.

Does Iowa Need Online Lottery - Iowa state lottery director Terry Rich made a strong case for online ticket sales to the state House Government Oversight Committee late last week, telling lawmakers that the enterprise must adapt to "...player expectations for convenience and use of technology” or face the consequences of declining business.

Svenska Spel Q1-2015 revenues fall 4.7 percent - The Swedish government's gambling enterprise Svenska Spel has experienced another less than impressive quarter, reporting lower Q1-2015 results, although the online division fared better than other verticals in the business.

Kahnawake and Quebec in Gambling Talks - APTN National News in Canada reported over the weekend that Quebec's minister of aborigine affairs, Geoffrey Kelley, had talks last week with representatives from Kahnawake, arguably one of the largest internet gambling hosting services in the world.

Sheldon Adelson To Interview presidential candidates - In yet another illustration of the political power wielded by land casino owner Sheldon Adelson, industry observers report that the billionaire will be interviewing potential Republican presidential candidates this weekend, presumably to decide who to support with campaign funding.

Kansas Says Fantasy Sports are Game Of Skill - Fantasy sports fans and operators in Kansas will be pleased with an opinion issued by state Attorney General Derek Schmidt at the request of the legislature which appears to accept the legality of fantasy sports as a game of skill.

Human Vs. Poker Computer. Who Will WIn? - The ability of computer programs to beat expert human poker players (or not) is again being put to the test this weekend as the Carnegie Mellon University in Pennsylvania pits its Claudico artificial intelligence program against a team of four US poker aces in a heads up NLHE contest which will in all go on for just short of two weeks.

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