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The sports betting market is a dynamic environment in which new ideas related to business development regularly appear, including effective financial instruments. One of the most popular solutions in recent years is the Ukash service.
The system offers fast money transfers with maximum protection of confidential data. A simple and useful solution can be installed in land-based betting shops or integrated into digital platforms.
Ukash is a financial gateway from a British brand. The product supports fast and secure voucher transfers.
The solution was developed as an alternative to traditional banking transactions. Its key feature is the use of vouchers with unique 19-digit codes. This approach ensures the highest level of security of operations and data provided by the customers.
Owners of the gambling business will be interested in the integration of the Ukash payment system into the bookmaker’s office, online casino, lottery site, binary options trading platform, and other promising iGaming projects. The software is also suitable for land-based locations and betting portals.
The financial system can be easily installed in:
The main stages of development of the Ukash company:
Year | Description |
2005 | Foundation of the service in the United Kingdom. The firm’s head office is located in London |
2009 | Growth of the provider's European audience. According to the results of 2009, more than 10 million users registered on the official site of the brand |
2012 | Presentation of a universal mobile application. Installation of the Ukash payment system has become available for owners of smartphones, Apple devices, and other gadgets |
2013 | Launch of the AvoidOnlineScams.net site, which informs users about protection against internet fraud and extortion programs |
2014 | Issuance of Ukash Travel Money Prepaid MasterCard branded prepaid cards together with the international MasterCard aggregator |
2015 | Acquisition of part of the company's shares by the Skrill Group (subsequently, Paysafe Group) financial concern. Despite this fact, both brands continued to develop independently from each other |
2021 | Growth of solvent internet audience. The number of users exceeded 100 million people, and the number of connected outlets is 650+ thousand |
The Ukash financial system for sportsbook platforms is based on voucher transfers. They can be used on gaming resources and in land-based betting shops. To use the voucher, gamblers need to register on the official site of the company, indicating their e-mail address and mobile number in the international format.
Key features of vouchers:
The Ukash payment system has more than 2 thousand licensed partners. These are banks, insurance companies, retail outlets, and financial institutions. There are no problems with the purchase and exchange of vouchers — settlement documents can be bought even in a regular offline store or a kiosk at a gas station.
Connection of the service implies several options for account replenishment and acquisition of vouchers:
The withdrawal of funds is presented in 2 versions:
There is another way: not to withdraw winnings but to spend it on the placement of new bids on popular sports events. Many gamblers do that, thus increasing the average check and the profitability of the betting company.
Let us consider the main advantages of installing the brand’s financial service.
The integration of the solution is well protected:
In 2012, the brand released “Recommendations for the safe use of Ukash”. One of its main points is the careful storage of secret codes. The provider insists that all operations should be carried out only at licensed facilities (sales outlets, terminals) listed on the official site of the company.
The Ukash payment system can be installed together with a special Ukash Tools admin panel.
Operators and their clients have access to the following tools:
Holders of the Ukash MasterCard card have a wide range of additional opportunities. This is a balance check, replenishment without commission through the company's proprietary mobile application, the ability to send money to other Ukash cardholders, withdrawal of cash from ATMs, and other useful options.
The Ukash MasterCard solution can be connected to the bookmaker's CRM system in order to carry out mutual settlements with B2B partners (hosting providers, betting software vendors) and transfer wages to hired personnel.
The connection of the provider’s service involves transactions in US dollars, euros, pounds sterling, Polish zlotys, Ukrainian hryvnias, and other monetary units.
The product is distinguished by convenient conditions and favourable tariff plans:
By deciding to buy the brand’s financial service, operators can expand the geography of their customers. Payments using vouchers are popular in Europe, North America, and many CIS countries. Players are attracted by minimal commissions and the instant transfer of funds.
From our company, you can also receive such useful services as:
For all questions, please contact our managers.
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