UKash is now offering online poker players the option to both withdraw and deposit using their system via PayPoint.
Poker players now have another option when it comes to making cash withdrawals of their online poker winnings. UKash, the e-wallet solution based in the United Kingdom, is now allowing players to make cash withdrawals.
UKash inked a deal with PayPoint, the retail payment network. The deal allows the UKash customers to make cash withdrawals at PayPoint in more than 24,000 locations. Up until this time, players who have used UKash were only able to make their online poker deposits, and not withdrawals using this method.
Many players like to use UKash because they can make deposits without giving any personal information out. Players simply need to purchase a UKash card, then use the 19 digit code in the UKash payment option on the gaming site, after which the deposit is instantly made. Online poker rooms do check the identity of their players, no matter what payment option they choose, in order to prevent money laundering. Players, however, will not have to reveal any of their personal banking information to the site in question.
Those who make use of this payment option are often players who do not have debit or credit cards, along with others that simply wish to keep their identities private, and do not wish to reveal their purchasing habits to others, and for those who want to keep their bank account details totally private. UKash is a great payment method for those who are concerned about fraud, even though reputable poker sites will have security measures in place to keep information private.
This new payment option from UKash will be very attractive both to existing UKash customers and to potential UKash customers. David Hunter, the UKash CEO said that central to the new service was the company’s mission provide consumers with the highest level of flexibility with their UKash.” He further commented that the new system would also appear to retailers, and would most likely encourage more e-commerce retailers to offer UKash as a payment option.
UKash is regulated as an Electronic Money Institution in the United Kingdom by the UK Financial Conduct Authority (FCA). Ukash is a subsidiary of Smart Voucher Ltd.