UKash Banking - Safe, Anonymous Online Casino Banking
UKash is a very popular third party payment system rooted in the UK, and available throughout all of Europe. It is widely used by online casinos and gambling sites. Members are able to buy special vouchers using cash credit cards and other financial units in order to turn it into vouchers, which then become electronic funds or eCash.
This type of third party process is very widely used where transfers using traditional formats are either not allowed, or where the fees are exorbitant. Fees associated with UKash are traditionally very low, and that leaves more money to be used to fund your bankroll. Recently, UKash merged with PaySafeCard, so eventually UKash will become PaySafeCard.
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How Does it Work?
UKash is a third party voucher system. You will need to locate a UKash voucher outlet or seller if you want to purchase vouchers. Unlike some third party processors, you don't fund UKash - you buy UKash. Only you will know the 19-digit PIN that is required to check balances, etc. It is all prepaid, so there is absolutely no way for hackers or third parties to obtain your private personal information.
You will want to acquire the mobile app so that you can keep track of balance or find out where there is a nearby outlet. You can find your iOS app at the Apple app store, and then use your iPhone and iPad to play at mobile casinos using your UKash voucher. Android smartphone users can also download the app by going to the Google Play store and downloading the free app. Because this system is a prepaid system to eCash, you cannot use UKash to withdraw funds from your favorite casino.
Advantages
UKash is a good investment for online casino players because it is like using cash. It helps to protect your anonymity, and it is fast and easy to use. It is completely safe and secure. There are thousands of sale outlets throughout Europe, and they're expanding into other regions of the world. In addition to other advantages, it is very low cost in comparison to other third party processes.
Disadvantages
A huge disadvantage is the limited availability. Online players typically like to do everything online or mobile. So to have to find a sales outlet in order to purchase vouchers can be a bit draining. US players are out of luck when it comes to UKash. There are really no providers available to US online gamblers. Because it is primarily a one-way payment system, you will not be able to withdraw funds. There is no funding once a voucher is purchased.
Payout Times
Other than the time necessary to find a sales outlet and make a purchase in person, the timeliness once you are at the online casino of choice or preferred mobile site is just like playing with cash.
