BREAKING: Ukash has been replaced by Paysafecard, another top-notch e-wallet. Below (or by following this link) you can find the best Paysafecard sites.
Ukash first hit the UK market as a web-based payment format in 2005. In the years since then, these e-vouchers grew extremely popular and there were many Ukash casinos in existence at their height. All of that changed, however, in July 2015, when it was announced that Ukash cease to exist from 1 November 2015.
After rising to be of major importance in web-based payments, Ukash kind of became a victim its own success. You see, this is because paysafecard, another e-voucher provider was much more successful and present throughout much of Europe. In order to expand in the UK market, paysafecard made the logical step to acquire its key competitor and take in all of the business.
Moving forward, it is anticipated that most Ukash casino sites that do not have paysafecard will soon accept this payment method. However, that is not to say that some sites might elect not to.
In the meantime, we will continue this guide by outlining the four best former Ukash casinos that now accept Paysafecar, before covering the differences and similarities with other payment methods. Safety will also feature heavily in this Ukash casino guide.
4 Best Ukash Casinos – Now Accepting Paysafecard
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Comparing Ukash to paysafecard
Ukash was an incredibly simple method for uploading funds to your online accounts. Like with paysafecard, you can engage in real money casino gaming by going to a vendor and purchasing an e-voucher to the value that you require. You then go home and create an account with the casino that accepts your payment method. So far, both Ukash and paysafecard are checking out as identical.
After creating an online casino account, it will then be time to visit the banker to deposit the value of money that your e-voucher is worth. To complete the process, you will be required to enter a pin code that is hidden by a scratch-strip on the voucher itself. Basically, this is the only way that these methods vary. While Ukash has a 19-digit pin code, you only need to enter 16 digits to redeem currency with a paysafecard – this will save you time.
Ukash and paysafecard are also incredibly similar when it comes to their major limitation. Both e-vouchers, in the vast majority of cases, cannot be used to withdraw funds from your online casino account. This limitation can be a source of frustration, as you will have to wait to receive your funds as a cheque or via bank transfer. Using a payment method like VISA or PayPal would defeat the purpose, as you might as well just deposit with them in the first place if you are taking the risk. E-vouchers are extremely helpful for their secure design.
You will have to provide personal details to create your online casino account, but you will be more secure with e-vouchers because you will not share sensitive financial information that could leave you vulnerable to hackers. By not using credit cards, you will be dramatically lowering the exposure that you face when making online transactions.
Although Ukash is no more, as of November 2015, you will still be able to use paysafecard at many online casinos. This is excellent news because paysafecard is just as secure and convenient as Ukash.