Ukash, the Global eMoney Network, has announced that Standard Bank internet banking account holders will now be able to buy Ukash vouchers directly from their accounts, enabling them to shop online without revealing personal details.
Standard Bank is a leader in state-of-the-art customer banking solutions in South Africa and offers the Autopay system, which enables its account holders to pay online for goods and services directly from a linked account. Now enabling Ukash, Standard Bank’s Autopay allows consumers in South Africa to shop and pay online with “cash” wherever Ukash vouchers are accepted.
Geraldine Mitchley, Product owner of Autopay said “The initiative with Ukash increases the number of outlets where Standard Bank Autopay customers can shop securely online without a credit card. Giving Standard Bank Internet Banking customers access to secure online shopping and money transfers through AutoPay matches the bank’s customer focused approach”.
David Hunter, Chief Executive Officer of Ukash, explains: “Our aim is to provide a safe and secure environment for consumers to use cash electronically, and this relationship adds simplicity to our product offering, by enabling Standard Bank account holders in South Africa to obtain Ukash vouchers. The e-cash market is the fastest growing sector in the payments industry across the world and we can see that Standard Bank leads the way for that in South Africa.”