Cash payment solution company Ukash, has announced that its estate in Germany will grow to 20,000 physical sites across the country.
To further develop its availability in Germany and reach a wide range of consumers who wish to shop, pay and play online using cash, Ukash has also launched its online issuing service.
Ukash’s expansion in the German market will provide internet retailers with a solution that will enable consumers to use cash to pay for their internet transactions without revealing sensitive financial information.
The company’s two-pronged growth strategy will enable consumers in Germany to both purchase Ukash vouchers through merchants and via a new channel, its secure website, to facilitate electronic transactions on thousands of global websites.
Mark Chirnside, chief executive officer of Ukash, said: “This significant expansion regarding our German operation is the next step towards realising our ambition of making online shopping available to everybody in the world. By making Ukash available at 20,000 physical points – and securely online – we are reaching out to the German market which we know has high internet penetration and a large number of people that want to use safe methods to shop, pay and play online.”
