2009 Articles
13 April 2009
Business Travel Executive
UATP Partners To Facilitate Online Payments Sans Cards
Article in BTE
UATP has joined with Ukash to provide an alternative payment solution for travelers who do not use credit or debit cards or avoid online purchases because of the threat of online fraud and identity theft. Ukash customers exchange cash for a prepaid voucher containing a unique 19-digit number which is then used to pay online. No financial details are exchanged with the merchant, making Ukash increasingly attractive to online consumers concerned about data security. The Ukash vouchers can be purchased online, on mobile or at more than 275,000 stores globally.
Ukash, which is regulated by the UK Financial Services Authority, (TM) is a globally-recognized e-commerce payment method. It is one of a small number of Electronic Money Institutions, a status that allows a single maximum online cash payment transaction of up to 500 Sterling pounds/750 euros.
