100,000 kiosks across Russia are now issuing Ukash vouchers, making safe and fraud free internet payments a reality in this emerging market. Customers pay in Ruble banknotes and receive a Ukash voucher up to 500? direct to their mobile, which they can then use to pay for access to any website that utilises the cash based processor.
?Historically, Russia has been a difficult market for webmasters to monetize due to high incidents of chargebacks and fraud? Ukash?s CEO Mark Chirnside said. ?Our solution allows them to start making risk-free money from this vast emerging market, which remains a cash based economy.?
With a presence in the U.K., mainland Europe, South America, North America, Australia, China and South Africa, the company says consumers can now get Ukash through secure bank transfers and at a number of physical issuing points around the world.