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Ukash Launches Virtual MasterCard: More Profit For Online Merchants

28 April 2010 No Comment

Taking online shopping to the next level
Online shopping is fast becoming a favorite pastime amongst more and more consumers. Once upon a time, before the advent of online shopping, only housewives were the core target audience for armchair catalog shopping. They switch on the TV, see something they fancy on the local TV shopping network, make a quick call and ta-da, their items will be delivered to their doorstep in a matter of days.

Fast forward a decade or so into the future and we arrive smack in the middle of the age of online shopping. Auction sites like eBay.com is a firm favorite, as are websites such as Amazon.com. Cashing into this awesome phenomenon is Ukash, a prepaid cash company that recently released Ukash NEO, a prepaid virtual MasterCard that gives its users a convenient method to buy their favorite things online using cash. Ukash Neo can be used anywhere MasterCard is accepted.

What does this mean for online merchants and consumers?
Retailers are encouraged to feature Ukash NEO on their websites as this is expected to add on to their revenue stream. The prolific payment company will then send some attractive commission along the merchants’ way based on every transaction made via Ukash NEO.

As for us consumers, Mark Chirnside says: “Ukash NEO makes shopping online inclusive to all consumers, regardless of financial status, which has never been done before – providing the perfect solution for consumers to shop anywhere online with cash. We are offering retailers the chance to capitalise on the demand in this market and to generate significant revenue simply by offering our payment method to customers.” Translated, this means that consumers now enjoy even more freedom when it comes to online shopping whether or not they can afford credit cards. Now that they requirement to own a credit card is somehow “lifted”, consumers can now buy anything they want with cash.

Ukash NEO users may also want to look into gifting the prepaid card and sending on to their loved ones, much like a gift card. Those who are fortunate enough to receive this as a gift can then opt to spend it online or via telephone and mail orders using just the assigned 16 digit Ukash NEO code/card number as well as their name and address.

And if you wish to get your hands on a virtual card version instead, you can obtain full instructions to do so at http://www.ukashneo.com/MoreQuestions.aspx.

The maximum value for Ukash NEO in the UK is £200 and in Germany is EUR 200.

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