Ukash increases online cash limit


Ukash increases online cash limit

Antony Savvas

Consumers who choose not to use credit cards when shopping online are set to benefit from the launch of higher-value internet cash vouchers.

Ukash, the UK-based company that introduced cash payments to global online transactions, has increased the maximum value of a single voucher purchased at PayPoint terminals in the UK from £100 to £499.

"The £499 voucher value will bring greater convenience to our customers currently using Ukash to shop, play and pay online, improving the consumer purchasing experience, and making it easier to buy higher-value goods and services online", said Mark Chirnside, Ukash chief executive.

The availability of the £499 voucher from PayPoint's more than 16,000 outlets across the UK will also be attractive to internet retailers looking to embrace the millions of UK consumers who are currently excluded from shopping online, he said.

The new higher limit Ukash voucher does not have to be used all at once, as change in the form of a new voucher is given for any unspent portion.

A set of free tools at the Ukash website make it easy to combine smaller value Ukash into a single, higher value voucher, or to split a voucher into a number of smaller value vouchers, or to convert a voucher's currency.

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