You work hard for your money, so you want to protect it; when you make a purchase online or send money overseas, you want the assurance that the transaction will go safely and smoothly. Without it, you are operating in fear and uncertainty. Hasnít everyone heard the horror stories about the friends of friends who became entangled in a legal battle regarding identity theft after buying something online from a questionable vendor? It is this desire for safety which spawned a multitude of companies aimed at protecting your funds as they travel across the globe; one of these companies is Ukash. But what is Ukash? How does it work and can you trust it? Read on for the answers to these questions and more.
How It Works
Ukash is basically a voucher system. You (the sender) visit any local Ukash vendor or store (you can find a list of available locations online) and purchase a voucher. You can make the purchase using almost any source, be it credit card, debit card, money order – or, as the name suggests, cash. This differentiates it from many similar sites (such as PayPal) that only accept credit card or bank transfers. Next, you identify the recipient. In many instances, this will be an online store or merchant; however, it could be a friend or relative you are sending money to. Finally, you just select the Ukash option and type in your voucher information. You never need to share your crucial personal information with anyone you arenít sure about. This might seem like a lot of steps or a bit of an inconvenience, but once you get in the habit it becomes easier. One tip is to buy multiple vouchers at once. This way, you do not need a separate trip to load up your account with dollars when you discover something new you want to buy.
Things You Can Do
Ukash offers a number of services, aside from the basic transferring of money. For example, there is the companyís online credit card, Ukash Neo. This allows you to make purchases online using just your credit card number. This is helpful if you want to buy something from an online merchant who does not offer Ukash as a payment option. And, if you want to branch out and spend money at brick and mortar stores, there is always the UkashOut, the companyís physical credit card. This basically gives you access to your money at all times.
For those who are trying to keep in touch with their family and friends who are far away, Ukash offers Ukash Air, which allows you to add minutes to prepaid phones.
Things You Canít Do
There are always limits to every service provided. Here are some things you canít do with Ukash. First, you canít get a voucher with an unlimited amount of money. The amount available per voucher is capped at about 1,000 pounds per voucher. And, you canít have too many vouchers, either; the limit you can have at any one time is five. You also cannot use your Ukash voucher at a location where it is not accepted (obviously).
Is it Reputable?
Some people may be hesitant to use the services, simply because they are unfamiliar with the brand or are afraid that the company is not reputable. However, the company has actually been recognized for its quality. Most recently, it was given the Queenís Awards for Enterprise, the top award available in its native United Kingdom, in honor of its international success. This ensures that Ukash is a reputable, trustworthy company in general, although individual experiences vary and some users are very satisfied while others find it a poor fit for their needs.
Is it Worth It?
If you have never used a third party intermediary to make purchases online, you may be asking whether or not it is worth it to go through the process of purchasing a voucher and then shopping from a Ukash-friendly merchant. After all, in order to warrant the extra effort, you should gain a definite advantage. In fact, you do. Consider the risk of sharing your credit card information online. Even when you buy from a reputable shop, there is the danger that your information will be stolen. Numerous companies have their databases stolen and their customers face identity theft. While there are safety measures these online merchants can take to guarantee your information will be kept private, the unfortunate fact is that sometimes information slips through the cracks. For the average person whose identity is stolen, that can mean years of court spent trying to sort through fraudulent purchases.
Using Ukash is a way to avoid putting your sensitive information out. You get to keep both your private data and your peace of mind, knowing that your risk is greatly reduced.
Where is Ukash Available?
Ukash is available in a number of countries – and that number is increasing all the time. Presently, you can use it in some fifty countries and in almost all the continents. Example countries included England and South Africa.
The best way to get started is to look for a local location to purchase a voucher. In some countries, there are actual Ukash stores where you can go to get started. In other countries, you can visit one of the approved resellers, including Sfera (which also accepts payment via bank transfer), Wenacallshop and GMS Group. If you would rather buy your vouchers from the comfort of your own home, ebizznet is an approved online provider.
As always, the best way to figure out the program and determine if it is a good fit for you is to try it out. The advantage is that with Ukash, trying out the program doesnít cost you anything and your money is not at risk.