UKASH EXPANDS SAUDI ARABIA NETWORK WITH NUMNY
Bringing Saudi consumers greater access to online payments
London, August 2014 – Leading global online cash payment provider, Ukash, is partnering with NUMNY, the e-payment provider, enhancing the online payment options available to consumers in Saudi Arabia. Under the new agreement, the availability of Ukash vouchers in 150 locations across the region will enable fast and safe online payments.
NUMNY delivers secure, digital goods distribution for e-commerce across Saudi Arabia with plans to expand throughout the Middle East. Its state-of-the-art platform offers hundreds of instant online delivery services such as telecommunications charge cards, international top-ups and gaming cards. Now Saudi consumers will be able to access Ukash vouchers to make online cash payments without the need for a bank account or credit card via retail chain Panda’s extensive network of stores.
“NUMNY is an exciting new player in Saudi Arabia, making it the ideal partner to enhance our presence in the Middle East”, said James Allum, Chief Commercial Officer at Ukash. “This partnership supports our commitment to helping more people enjoy the benefits of online shopping and payments, regardless of whether they have a bank account or not. Now consumers in Saudi Arabia can simply walk into their local Panda store to exchange cash and coins for Ukash voucher codes which can be used directly at thousands of websites worldwide.”
Ukash is available for use across a variety of sectors, including shopping, gift cards, games and bingo and can be used to pay directly at thousands of websites worldwide. Working closely with NUMNY, with access to a retail network of 150 locations, Ukash services will now be more widely available to online shoppers across Saudi Arabia.
Mutaz Majdoub, Managing Director of NUMNY adds: “There is growing demand for online shopping in Saudi Arabia and the Middle East and Ukash shares our commitment to offering consumers more safe and convenient ways to pay. The strength of the Ukash brand means it’s a name Saudi based consumers can trust to shop, play and pay on websites worldwide.”
About Ukash
Ukash is the global online cash payment provider and internationally recognised e-commerce cash payment method that enables consumers around the world to use cash to shop, pay and play online safely, securely and conveniently. This secure payment method was developed to protect personal identity and financial information when making online transactions, reducing the threat of credit and debit card fraud for consumers and repudiations and charge-backs for retailers. Ukash has no age limit, so consumers of all ages can make the most of safe payment online.
Ukash codes are purchased with cash in retail outlets such as shops, petrol stations and kiosks, and issued online from the company’s website. The unique 19 digit codes can then be used to pay directly on any of the thousands of websites that accept Ukash transactions worldwide, or loaded onto prepaid cards and e-wallets.
Established in 2001 under the holding company Smart Voucher Ltd, Ukash® has grown to more than 460,000 physical points of purchase, and is available in over 50 countries around the world in 6 continents.
Ukash is regulated by the UK Financial Conduct Authority (FCA). The maximum single value allowed is £200/€250 and the maximum amount that can be held by an individual customer is £1,000/€1,250 – equivalent values in other currencies apply to both sums.
