Ukash Agree Cash Withdrawal Deal with Paypoint

Ukash have agreed a deal with Paypoint, which means you will be able to get your bingo winnings back in the form of cash at over 24,000 different outlets up and down the UK.

This is great news for online bingo players who use Ukash as their chosen depositing method.

Ukash are a safe eMoney payment provider available to use at lots of online bingo sites. Ukash vouchers can be purchased at any store / shop which displays the ‘paypoint’ sign and you can use these as a depositing method to fund your bingo account.

Before this deal, you could only purchase Ukash vouchers to fund your account with, but not withdraw in the form of cash – If you credited your bingo account using this method, won and requested a withdrawal, most online bingo sites would have returned your winnings in the form of another unique Ukash code. This could only be used to make further purchases, so you could basically never get cash back (which I have to say was a major pitfall).

David Hunter, Chief Executive Officer for Ukash, said “At the heart of this new service is our mission to give consumers the utmost flexibility with their Ukash. We also believe it creates even greater appeal for e-commerce retailers to add Ukash to their payment options.”

He also went on to say – “By partnering with PayPoint we are giving consumers multiple points of access at the huge network of PayPoint locations around the UK. It could be someone who has been gambling or gaming online and wants to turn their winnings into cash or a consumer who has returned goods they purchased online with Ukash. The refund will be paid to them in Ukash, which they can convert back into cash.

“Other potential uses include emergency cash and customer loyalty rewards such as promotional rewards or cash-back. Whoever the user, the facility to access their cash without the need for plastic brings a whole new dimension to the convenience of Ukash.”

Ukash were established back in 2001 and they provide us with a simple and easy way to spend cash online without using bank account or debit / credit cards. Ukash vouchers are issued in the form of unique codes and you can use the code to spend money online instantly.

Another plus point for Ukash when playing at online bingo sites is – they are a great way to control your spending.  It can be so easy to hit that fund button time and time again to credit your account with a debit / credit card – but with Ukash, you can only spend the amount you put on the voucher.

Personally, I would not have used Ukash before to fund my bingo account due to the limitations on their withdrawal restrictions, because let’s face it, winning without being able to get any cash back does not really give you the same thrill. However, thanks to this deal with Paypoint, we can now get cash back and I for one will be re-thinking my bingo funding method.