Ukash moves into Portugal

Source: Ukash

Leading online payment solution Ukash has announced the next step in its global expansion after signing a deal with leading payment service, payshop, to make Ukash available across Portugal.

The deal will allow customers in Portugal to buy Ukash vouchers - which will be available in denominations of €10, €20, €50 and €100 - from more than 3,700 payshop retailers; from supermarkets, to kiosks and stationers.

pay shop is a highly regarded partner for Ukash, and its national network of agents have been through a rigorous process to ensure quality of service and data safety. Customers who wish to shop online using cash can now use Ukash as a convenient, reputable and financially anonymous payment method for use at a large variety of lifestyle, shopping, VOIP, gaming and gambling websites.

Commenting on this partnership Mark Chirnside, chief executive officer, Ukash said: "This new partnership with payshop is another important strategic development for Ukash, which has provided an established route to market. payshop has an impressive track record and physical presence within Portugal. Bringing Ukash to Portugal will allow the growing number of consumers there who wish to shop online to do so safely and will also allow those without credit and debit cards, the 'unbanked', to engage with and enjoy the growth of internet shopping."

Helena Rodrigues, chief executive officer, payshop also commented: "We believe we are in a unique position to enhance e-commerce by making available safe and simple payment solutions to the Portuguese market. We see this partnership with Ukash as an important step to achieve this strategic goal".

This deal with payshop extends Ukash's existing presence in the Iberian Peninsula. Ukash can be obtained from over 6,000 Correos (post offices), Telecor and Recarga Express outlets across Spain and in October 2008 the company signed a deal with Spanish telecommunications giant Telefónica to make Ukash vouchers available from all traditional telephone kiosks across Spain. In addition, in April 2009, Ukash extended its partnership with Spanish partner Telepay by issuing Ukash online through the consumer site Cuponesprepago.com, which became the first site in Spain to offer Ukash vouchers online.

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