UKash wins third Queen's Enterprise Award
Cash-based payments firm recognised for contribution to international trade
Payment firm Ukash has won a Queen’s Award for Enterprise for the third year running for an outstanding contribution to international trade.
The Queen’s Awards for Enterprise are awarded to UK businesses and individuals in April every year and the International Trade award recognises UK businesses that have delivered substantial growth in overseas earnings and improved levels of commercial success globally. Ukash won the award for the international expansion of its cash-based online payments business, which enables consumers who either cannot or do not want to use traditional credit and banking cards to access online products and services.
The firm said it had made a “substantial investment” in the last year in the creation of a dedicated, multi-lingual call centre and marketing initiatives to extend its reach to more consumers globally. UKash CEO David Hunter called the award a “remarkable achievement” for the firm, which has seen 65% year-on-year growth.
“As we celebrate winning the Queen’s Award for the third year in a row, we believe there are very few companies who have achieved this accolade,” Hunter said. “We are forging new global partnerships, introducing Ukash to emerging markets and offering consumers around the world access to a safe and secure way to shop, pay and play with cash online.”