As a result of this initiative, consumers will be able to order their unique voucher via an online ‘pinshop’ and pay using their China Union Pay branded debit card which is issued by all major banks in China. Available in denominations of USD 5, 10, 20, 30, 40, 50, online bank transactions are secured by a mandatory physical security device. Consumer details are kept safe whilst acquiring the Ukash vouchers. Ukash vouchers are issued in USD directly from a customer’s CNY bank account and conversion information is shown onscreen.
The Ukash vouchers, which can be used for purchases on social networks, virtual worlds and online games, are available through payment terminals in retail outlets across Europe, South Africa and Australia and are also issued online from the company’s website in selected European territories. Most recently, the company entered an agreement with Spendon, a Convenient Card company, to extend its footprint in the Scandinavian region.
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