uKash
uKash is easy to use, has no age restrictions and does not require a credit card or bank account to open. Recently launched in South Africa, they are a trusted company whose technology is protected by several patents. uKash is a unique and secure way to buy and sell over the internet and at land-based locations. Loading your uKash account is easy. Find your local uKash store via the uKash website and give the shopkeeper the amount you wish to load onto a prepaid card. That amount goes onto your uKash card. Retrieving your money from your uKash account is done by email request, however once requested, the prepaid card must be destroyed. All withdrawals must exceed £10. uKash will then refund you money by cheque or electronic transfer to the bank of your choice. Each withdrawal has a fee of £5. Ukash can be reached by telephone Monday-Friday 9am to 5pm or by email.
Debit: Yes Deposit: In person Withdrawal: Cheque, electronic bank transfer
Pros: • No age restrictions • No bank account or credit/debit card required • New patented technology exclusive to uKash • No fees for deposits
Cons: • Not yet available in the United States • Fee for withdrawing money • Not many ways to deposit funds
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