UKASH PRESENCE IN SAUDI ARABIA MORE THAN DOUBLES THROUGH NUMNY PARTNERSHIP
London, October 2014 – Following the partnership announced last month with NUMNY, Ukash, the leading global online cash payment provider, has more than doubled the number of locations where consumers in Saudi Arabia can purchase Ukash vouchers to 321 points of sale. Now it’s even easier for consumers in Saudi Arabia to benefit from fast secure payment options when shopping online.
Regardless of whether consumers hold a bank account or not, they can now choose from an additional 170 locations via the extensive Panda retail to exchange cash and coins for Ukash voucher codes. These can then be used directly at thousands of websites worldwide.
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.
“To more than double our presence in a matter of weeks across the Panda network of stores is great news for us and responds to the growing appetite for online shopping in Saudi Arabia”, said James Allum, Chief Commercial Officer at Ukash. “NUMNY offers the ideal partnership for us as a new entrant into Saudi, which is a fast growing market”.
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.
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