Ukash Makes E-Banking Easier

One of the casino industry’s most popular global payment solutions to internet casinos is Ukash.

Ukash aims to equip players to make online transactions more effectively by bypassing credit card and banking transactions. It started off when Ukash sold vouchers for cash at retail outlets that could be used to fund player accounts at internet casinos. In 2010 Ukash allowed operators to pay out winnings to a Ukash voucher.

In its latest press release Ukash announced the introduction of its UkashOut MasterCard. It “enables players to convert online winnings back to cash without any difficulty”. When players receive their winnings to a Ukash voucher, they can transfer their cash to a UkashOut MasterCard.

In turn they can use the loaded UkashOut card to withdraw cash from any ATM or use it at retail stores to buy goods. Players who want to transfer the cash they’ve won from one internet casino to another can do so with the Ukash voucher or UkashOut card since it’s more convenient than cheques, bank transfers and other payout methods. Even in ewallets the initial loading must done first by means of bank transfers or credit cards. The UkashOut MasterCard can only be purchased and loaded with Ukash vouchers.

Chief Executive Officer of Ukash, David Hunter had the following to say, “The UkashOut MasterCard is regarded as a turning point when it comes to rounding off a player’s gaming experience by equipping them with the opportunity to convert their winnings at internet casinos back to cash. It benefits both players and the internet casinos alike: it’s quicker, simpler, and way more expedient than any other mode of cashing out. In addition, MasterCard is a trusted and respected brand worldwide giving many players peace of mind when it comes to depositing funds at internet casinos.”

UkashOut can be issued in British pounds, US dollars and Euros. For every currency a player is only permitted to hold only one UkashOut MasterCard. The reason for this is mainly for security purposes, since this is the protocol followed by all major financial institutions worldwide. If players who wager at internet casinos want to obtain a UkashOut card by post they’ll have to fill in a detailed questionnaire, and their Ukash cards must be activated before it’s used.

Across Europe’s Poker Channel TV Ukash will be advertising its new product. Between now and September, those who sign up for a UkashOut MasterCard will stand a chance of winning a seat at the prestigious EPT London which will be held between the 30^th of September and the 5^th of October.