Ukash joins forces with Spendon to break into Scandinavian market

Wednesday 2 December 2009 11:34 CET | News

Ukash, the UK voucher-based prepaid online payment services provider, has entered an agreement with Spendon, a Convenient Card company, to extend its footprint in the Scandinavian region.

Under the terms of the deal, Ukash vouchers will be made available in over 500 new outlets across Sweden, including 300 Pressbyran kiosks and 200 7Eleven branches found inside Shell petrol stations. Swedish customers who do not have access to credit and debit cards or those that are fearful of online fraud will be able to exchange cash for Ukash vouchers available in denominations of SEK 100, SEK 250, SEK 500 and SEK 1500 and use them to shop, pay and play online. Ukash has an existing presence in Sweden, with over 2,000 points of purchase.

Ukash vouchers are available through payment terminals in retail outlets across Europe, South Africa and Australia and are also issued online from the company’s website in selected European territories. Most recently, the company introduced its e-cash product on the Ukrainian market as a result of a collaboration with commercial bank PrivatBank.

Convenient Card is a company jointly owned by the PayEx group and Reitan Servicehandel, offering various payment services for the retail and service industries in Sweden. 

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Keywords: Ukash, Spendon, e-cash product, vouchers, online payments, Convenient Card, 7Eleven branches, Shell petrol stations, Pressbyran kiosks
Categories: Payments & Commerce | Online Payments
Countries: World
This article is part of category

Payments & Commerce


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