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New Gambling Payment Solution Launched - 06-19-09 |
June 19 - Online casino players will be pleased to learn about a new payment solutions initiative launched between MasterCard and Ukash in the form of MasterCard rePower.
The UK based UKash is joining with the credit card giant in order to allow a new payments service in Europe where users will essentially be able to load cash onto their MasterCard and Maestro prepaid cards at specific point of sale locations.
"Partnering with MasterCard for the launch of MasterCard rePower is a very significant step for Ukash," said the Chief Executive Officer for Ukash, Mark Chirnside. "It is one of several markers that Ukash is now a major player in the global prepaid industry, with our rate of growth in volume and geography both moving at significant pace. It also demonstrates the growing popularity of prepaid products as a viable alternative for consumers."
"This is symptomatic of a shift in consumer behavior as more of the public look to find safe and secure ways to shop online while maintaining control of their spending," continued Chirnside. "Increasingly, they are turning to Ukas to provide the answers. For partners like MasterCard, our patented, regulated and proven technology is proving an attractive proposition for joint projects, which is a testament to our work and market position within the alternative payments industry."
Users will be able to benefit greatly from the new MasterCard rePower initiative, including more reload locations, the security of the MasterCard brand, and a real time payment process that allows for immediate access to funds. In addition, this type of payment system naturally has the benefit of being safer than carrying large amounts of cash around.
In order to load money using MasterCard rePower, players simply need to swipe their cards and their card will be loaded with funds after cash is exchanged. The money will be made available immediately where MasterCard is accepted.
Check out our other recommended gambling deposit methods.
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