Ukash Takes Over
Ukash is the gambling world’s answer to paypal in the US. While PayPal already wised up to the US gambling law, which by the way is absolutely a farce, the market was left open for a similar service to step in and handle financial transactions for people who do not want to divulge such sensitive information to an online casino.
Ukash works a little differently in that it operates with vouchers which a player can present to any other website that accepts Ukash payments. The whole system is really likened to tokens inside a kids’ casino, where the child can redeem his tokens, or fake money, for various prizes. Many online slots fans like to use Ukash so that they don’t have to break out their credit card every time they feel like playing or have to login at a different website. The service especially benefits those who like to frequent more than one online casino, and enables them to use the same memorizable information at all online betting sites across the board.
Currently the service is only available in Europe and in South Africa, but they are looking to expand their reach as soon as possible, especially with the online slots casino market expanding so rapidly. The Ukash user has a pin code that is unique to their account and that is how they gain access. Since the numbers assigned are so long, that will ensure that the company will have room to grow and add more users as time goes by.
Back to March 2009 Archive.
