Ukash, Shoprite partner
Apr 20 2010
Retail Wrap >>

Ukash, the world's fastest growing online cash-payments company, has signed a deal with Shoprite, to enable consumers in South Africa to purchase Ukash vouchers from 560 supermarkets and hypermarkets.

Ukash vouchers will be available in all Shoprite, Checkers and Checkers Hyper stores across South Africa. Every store has a Money Market counter in-store, where customers can buy Ukash vouchers as well as pay their bills, buy airtime and prepaid electricity while they shop.

Consumers can obtain Ukash vouchers conveniently from Shoprite outlets 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, which is the world's largest prepaid-cash issuing estate, enables consumers around the world to shop, pay and play online safely using cash. 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, Chief Executive Officer, 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 Ukash 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.

Adapted from Source: www.moneyweb.co.za, 6 April 2010