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August 11 - A new payment method promises to shake up the very way online gamblers receive their winnings.
UKash, the leading e-money network, with nearly half a million issuing points around the world in 33 countries, has introduced UKash PayOut to the industry.
Players will be able to receive their winnings in a fast, easy and convenient way, with absolutely no hassle.
The product has gone live at several top online casinos and poker sites, which are are now able to bring their players a convenient funds withdrawal method with 0% processing costs.
This applies to both operators and customers.
"The international gaming market is an important part of our business and we believe that in UKash PayOut we have a product that can truly revolutionize the way payments are made to players," explained the Head of Betting and Gaming at UKash, Tyrone Perry.
"Offering an instant, convenient and easy to use product at a lower price than competitors is a magic combination," he added. "It will also help to increase player conversion, loyalty and retention, so we are expecting UKash PayOut to be in high demand."
The system is particularly innovative, essentially having players receive their payouts through a simple UKash voucher instantly, instead of traditional methods such as costly cheques, bank transfers and so forth.
UKash is considered the world's largest pre-paid cash issuing group that allows players from six different continents to enjoy its products.
The group is regulated by the UK Financial Services Authority and is found in payment terminals in outlets around the world, including Europe and South Africa.
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