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UKash Launches Prepaid Mastercard
by:Georgia Adumata              
 Tuesday, August 26, 2008

Online cash payment solution Ukash, has launched UkashOut, a MasterCard-endorsed prepaid card which is designed to alleviate the process of paying out to online players. UkashOut is designed to make traditional payout methods used by gaming sites such as cheques and bank transfers a thing of the past

Chilipoker gaming site is the first to go live with UkashOut. Alex Dreyfus, chief executive of Chilipoker said, “Our company’s brand has been growing among thousands of VIP players, thanks in particular to our ability to offer $16 million dollars in tournaments every month along with premium services like personalized reward programs, a store, plus free statistical tools and customer assistance.”

UkashOut is issued by gaming operators directly to customers who in turn decide on how much they want to withdraw and the amount gets credited to their card. The cash will be accessible for withdrawal almost straight away at an ATM or for use anywhere MasterCard is accepted worldwide both offline and online.

Chief executive of Ukash, Mark Chirnside said, “As the company which introduced online cash payments in Europe, we are pleased to bring UkashOut to the market and to see it so eagerly adopted by one of the strongest online gaming providers. Chilipoker, like many other operators, is realising the value of finding methods to pay out securely, easily and quickly and UkashOut offers the whole package.”



  
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