Ukash was a UK-based electronic money system that allowed users to exchange their cash for a secure code to make payments online. It was acquired by Skrill Group in April 2014 and merged into Austrian competitor paysafecard, acquired by Skrill a year earlier. All existing vouchers expired after 31 October 2015. Remaining ones could be exchanged into paysafecard PINs, in May 2016 paysafecard announced completion of the process.The system allowed users to exchange their cash for a secure code. The code was then used to make payments online, to load cards or e-wallets or for money transfer. Codes were distributed around the world by participating retail locations, kiosks and ATMs.
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