Ukash was an electronic money system based in the UK that allowed users the convenience of exchanging their cash for a secured code to make online payments. It was designed solely for online transactions at participating businesses. Ukash users, in exchange for their cash, were given a voucher with a unique 19-digit code in lieu of their prepaid money. This was good as cash when making online transaction, payment or purchase. It was free and available in over 55 countries and accepted by almost half a million participating stores and businesses. Stay up to date on payment service providers and other useful information regarding a more laid back experience in the world of online betting at ukbookmakers.info.
Major participating bookmakers in UK were accepting UKash. However, In April 2014, it was acquired by Skrill Group who merged it into its PaySafeCard system, another electronic money system acquired by Skrill earlier. Before the merger, all major participating bookmakers in the UK accepted Ukash voucher. Some of them were William Hill Coral, Ladbrokes, Bet 365, 888 Sport, Betway, BetVictor, Unibet and Vernons.Because of the merger, all Ukash online vouchers expired after October 31, 2015. The remaining vouchers can be exchanged into PaySafeCard.
To make a bet using Ukash, a bettor should sign up with a bookmaker accepting Ukash voucher and his/her eMoney will be available instantly to bet once he/she entered the 19 digit code in your accounts section .
Though Ukash was convenient and safer than carrying cash, losing the voucher code was just like losing money as well. Somebody else could use the voucher code. However, as protection, once cash was exchange for Ukash, the given receipt can be used as proof for a refund as long as the voucher was not spent. With a Ukash voucher, the risk of being a victim of hackers and scammers was minimal as there was no need to hand over credit/debits card or bank details when making a purchase.