Ukash

First Atlantic Commerce (FAC), an worldwide, online payment gateway and fraud management solutions provider, Mercadotecnia Ideas y Tecnología (MITec), a number one transactional obligations
company in Mexico, and Ukash, a worldwide online alternative cash payment provider, today introduced adding Ukash voucher payment solutions including multi-currency voucher giving, and full
and partial voucher redemptions, towards the Mexican market.
Processing is carried out safely over FAC's Internet payment platform permitting legitimate-time giving and redemption of Ukash vouchers in Mexican Pesos. MITec has implemented Ukash in over 600
reason for purchase retail shops in Mexico, and can expand to Internet Ukash buying and redemption through the finish from the 2010. Ukash vouchers bought in Mexico could be redeemed at any ecommerce
merchant accepting Ukash vouchers online, opening the Mexican consumer sell to the worldwide Internet economy.
Ukash, the short growing global e-commerce payment solution, introduced that Mexico will prove to add for their existing deployment of nations giving vouchers within the Latin American market, including
Uruguay and Colombia. Inside a ongoing effort to create easy, controlled and anonymous online cash obligations to everybody including individuals without credit or an atm card from all over the world,
Ukash, along with MITec and FAC, has joined the Mexican market where you will find over 15 million unbanked customers searching for cash payment solutions.
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Ukash and FAC ramped up their collaboration in June 2010 to provide online retailers full and partial value voucher redemption payment techniques in Europe and emerging online consumer marketplaces.
MITec and FAC happen to be offering online retailers secure, fraud and risk management ecommerce payment solutions in Mexico within the last 18 several weeks.
"This can be a significant payment solution launch with MITec, FAC and Ukash supplying a completely integrated and secure alternative cash obligations solution for physical merchants selling Ukash via a POS
system, and Internet retailers who would like to offer Ukash like a payment method," stated Chris Burns, SVP Business Development in the beginning Atlantic Commerce. "We expect the Ukash payment brand to
expand quickly in Mexico where interest in risk-free payment solutions for banked and unbanked customers keeps growing tremendously."
Paul Coxhill, Ukash Marketing Director, stated "The launch of Ukash into Mexico is definitely an exciting addition to the quickly growing footprint, supplying the power for customers to digitize their funds in yet
another market and enabling our merchant partners to gain access to this important consumer segment."
Ukash, that is controlled through the United kingdom Fsa (FSA), combines the timeless simplicity and risk-free character of money with the advantages of FAC's payment platform to produce a easy and
unique payment procedure that enables customers to purchase safely and independently online.
FAC, a safe and secure, PCI-licensed internet payment gateway, offers a variety of charge card processing and alternative payment choices to online retailers over the Latin American Caribbean Region, United kingdom and
Europe. FAC is promoting its obligations platform to incorporate various alternative payment techniques additionally to the core online card processing services. FAC retailers can access Ukash along with
multicurrency obtaining, global check giving services, Electronic Funds Transfer (EFT) and a variety of card brands for card processing via a single, secure interface.
kash has recognized this issue and it has created a service which fills a gap within the online funds transfer market. By focusing on consumers preferring to look on the cash basis, Ukash has handled being
a significant player within the online market inside a short period of time. Backed by Wise Voucher Limited, Ukash has got the financial expertise along with the infrastructure to provide a safe and sound online funds
transfer option.
Benefits
Simplicity and Availability
Ukash merges the internet using the real life. Ukash vouchers could be bought at any land based merchant in which the Ukash logo design is seen, in addition to online. Oftentimes, the shopper doesn't
desire to buy for the entire worth of the voucher. Within the situation of Ukash vouchers, change is succumbed the neighborhood currency. Although Ukash vouchers mostly are obtainable in the Uk, Ireland and
The country, the services are fast being implemented within the relaxation from the Eu, USA and Canada. Ukash?s goal would be to get to be the market lader in voucher-based cash transactions.
Security
Each Ukash voucher has a unique 19 digit code. The voucher are only able to be utilized once this code is properly joined and verified through the system. While shopping online, a brand new voucher is going to be released in
the type of change. This voucher may have a completely new unique code. A 247 customer call center can be obtained in case of lost vouchers. Even though it can be the bearer from the voucher to help keep the
voucher safe whatsoever occasions, you'll be able to block a voucher if it's reported lost or stolen inside a almost no time. In this way, Ukash vouchers are safer than cash because of the truth that once cash continues to be
dropped it is untraceable. Ukash vouchers a minimum of possess some type of buffer zone in which the money could be retrieved.
Anonymity
Money is completely anonymous, and it is and so the preferred approach to payment for many consumers. Ukash functions very much the same. There's no private data which needs to be separated with and there's
no way possible a merchant can gain any information. The Ukash product is protected through the latest in security technology to lessen fraud and mismanagement of funds.
Conclusion
Ukash has handled to interrupt with the clutter and provide a distinctive plan to consumers preferring a cash based world. By maintaining its excellent service record and growing in to the relaxation of Europe
and The United States, Ukash keeps growing from strength to strength.
First Atlantic Commerce (FAC), an worldwide, online payment and risk management solutions provider, and Ukash, a worldwide online alternative cash payment provider, today introduced adding
new Ukash processing services including multicurrency voucher giving, and full and partial voucher redemptions via FAC's platform.
The businesses partnered in September 2009 to provide online retailers full value voucher redemption payment techniques in Europe and emerging online consumer marketplaces. Ukash is really a
globally-recognized alternative payment method that enables customers to look, pay and play online securely with cash. FAC is now accept vouchers which are released from physical Reason for Purchase
(POS) devices an internet-based released vouchers, enabling the service across both Card Present and Card Not Present systems.
"This can be a significant product release for FAC, supplying a completely integrated and secure alternative obligations solution for physical merchants selling Ukash via a POS system and Internet retailers
who would like to offer Ukash like a payment method," stated Chris Burns, SVP Business Development in the beginning Atlantic Commerce. "We expect the Ukash payment brand to grow quickly within the South American
and Mexican marketplaces where interest in risk-free payment solutions by customers keeps growing tremendously."
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Ukash, that is controlled through the United kingdom Fsa (FSA), combines the timeless simplicity and risk-free character of money with the advantages of FAC's payment platform to produce a easy and
unique payment procedure that enables customers to purchase safely and independently online.
Ukash could be bought with cash through the physical POS estate an internet-based via bacs. Vouchers may also certainly be redeemed instantly online at taking part merchant sites. Partial voucher
redemptions are processed using the remaining voucher balance released to the customer like a new Ukash ‘change' voucher, within the currency from the merchant's business.
Retailers take advantage of accepting Ukash since the service reveals new consumer marketplaces, and will be offering freedom from credit and debit card fraud, and chargebacks.
FAC, a safe and secure, PCI-licensed payment gateway, offers a variety of charge card processing and alternative payment choices to online retailers over the Latin American Caribbean Region, United kingdom and Europe.
Ukash vouchers is now able to bought in Latin America along with other emerging marketplaces that need alternative, non-card based payment solutions for his or her customers and unbanked towns.
FAC is promoting its obligations platform to incorporate various alternative payment techniques additionally to the core online card processing services. FAC retailers can access Ukash along with
multicurrency obtaining, global check giving services, Electronic Funds Transfer (EFT) and a variety of card brands for card processing via a single, secure interface.