Company Information

Get to know UCash

UCash was a UK-based electronic money system that allowed users to make online transactions without a credit or debit card. Customers would exchange cash at physical outlets for a unique 19-digit UCash voucher, which could then be used to pay for goods and services online. The company, operated by Smart Vouchers Limited, was regulated by the UK's Financial Conduct Authority (FCA) as an Electronic Money Institution. Its mission was to provide a secure and accessible payment method for individuals who were unbanked or preferred not to share their financial details online. In 2015, UCash was acquired by Skrill Group (now part of Paysafe Group) and was subsequently merged into Paysafe's similar pre-paid service, paysafecard, with the UCash brand being discontinued.

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UCash

India

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.