International Payout Systems, Inc. Adds Ukash

Online, April 18, 2012 (Newswire.com) - Industry leading e-wallet payment platform International Payout Systems [www.i-payout.com] continues to expand alternative payment options to augment their technologically advanced platform with the addition of Ukash ®.

i-Payout eWallet holders can now fund their eWallets utilizing the Ukash ® Global eMoney Network, an internationally recognized e-commerce cash payment method. i-Payout.com continues working to ensure that distributors and representatives anywhere in the world can participate in your business and know that their payments are swift and secure.

The Ukash ® [www.Ukash.com] global eMoney network enables people worldwide to use cash electronically and is available at hundreds of thousands of global retail locations. With Ukash ®, coins and banknotes can be converted into a unique 19 digit Ukash ® code at over 420,000 points of sale in 57 countries across six continents including shops, kiosks, petrol stations and also online. The Ukash ® code can then be used to pay directly for goods and services on websites that accept Ukash ® or loaded onto prepaid cards and e-wallets.

Joseph Devlin, CMO of i-Payout.com said, "Adding Ukash ® gives i-Payout.com the opportunity to welcome millions of new participants to access the world of e-commerce and eliminate social, technical and geographical barriers. The partnership creates many new opportunities for international expansion for our multi-national merchants and those contemplating worldwide growth. Our goal is for everyone in the world to have the opportunity to participate in e-Commerce on computer or mobile device - Any country, Any currency, Anytime."

Multi-national companies are becoming increasingly more interested in the i-Payout Systems platform where qualified merchants maintain control of their funds in their own bank accounts - only one of the ways i-Payout.com leads the industry in settlement times. Merchants can leverage their i-Payout.com pay-in-payout platform providing worldwide distributors and representatives with 24/7/365 access to their funds online and through mobile with swift secure commission payment fulfillment and a number of flexible distribution options.

i-Payout.com created i-Bank, a network of financial institutions interconnected directly or indirectly to the i-Payout.com system. Led by premier banking entities, the network consists of over 200 points of banking presence and a number of other banks and payment services within the banks to deliver funds to eWallets on the i-Payout.com, with multi-currency and multilanguage capability - even live support is available. Now, i-Payout.com wallet holders have the additional capability of loading their wallets in a known and comfortable manner utilizing the newly implemented Ukash ® solution.

David Hunter, CEO of Ukash ®, stated, " The partnership with i-Payout.com, an important provider of global eWallet services, is a great endorsement of Ukash ® and means more consumers around the world will be able to benefit from the product and services. Ukash ® is popular internationally for many reasons: it enables people to use cash online; it's convenient and easy to get; it's safe and secure; and a means to manage spending. This collaboration will provide new opportunities for growth and expansion for Ukash ®, i-Payout.com and all of their merchants."

Ukash ® enables consumers from around the world to pay online safely, using cash. Ukash ® was developed to protect personal identity and financial information when making online transactions and Ukash ® reduces the threat of credit and debit card fraud for consumers as well, with no chargebacks for retailers.

For more information about the i-Payout Systems platform and services, please visit http://www.i-payout.com.

For more information about Ukash ®, please visit http://www.Ukash.com. The technology behind Ukash® is protected by Patent Law in all the major economies of the world. Ukash® is a registered trademark of Smart Voucher Ltd.