UKASH is operated and owned by Smart Voucher Limited. The company is regulated by the United Kingdom Financial Services Authority, since they happen to be the UK EMI or Electronic Money Institution. It was introduced in order to facilitate the creation, redemption and the purchase of vouchers in-store as well as on the internet. Smart Voucher employs the service for Energis. This e-commerce service functions in the dual host environment to ensure reliability.

The system is live since July 2003 and around 150 casinos allow the players to deposit money through Ukash. Ukash is for everyone since it allows all the players to use their money on the internet without worrying about security measures. The clients do not have to reveal any of their private information and it doesn’t require the clients to have a bank card as well. UK is now available in Spain, Germany, UK and Ireland. However, Ukash would soon be launched in other countries like Belgium, France and Netherlands. Ukash is known for expanding its service areas.

Ukash is very easy to buy and use. The customers are required to buy the Ukash vouchers from the recognised retailers and it has more than 3000 outlets across United Kingdom. In order to know more about the service areas, the users can go the Ukash website and enter the postal code. It is by far the best method to find the nearest retailer. The voucher comprises of the 19 digit number. This number is used like a card number. The customers are lured by Ukash since the registration process is simple and only takes a few minutes to get started. If the users are dealing online, they are not required to register or undergo complicated set-ups.

The consumers need to go to the nearest retailer and hand in the cash in return for the voucher. There are vouchers from GBP5 to GBP100 and these vouchers could then be used in the online casinos. This is how Ukash allows financial transactions without the use of debit or credit cards deposits. Online casinos in and all around United Kingdom have employed Ukash as a payment method. It is highly preferred by the gamblers who do not wish to give off their personal information. Ukash is safe and secured and keeps the user identity hidden.

The service also has some of the promotional services for the customers. The Ukash payment method could be used in all those sites that contain a Ukash logo. In order to use Ukash in the online casinos, the players need to go to the cashier section and can choose Ukash as the deposit method. The players can then enter the 19 digit codes and the funds are instantly credited into the player account. Also, there are no transaction fees attached to Ukash vouchers and these vouchers could be used for six months within the date of purchase. There are quite a lot of casinos who offer some bonuses if the player’s account is funded through Ukash.