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“From my point of view, all payment<br />
systems with irreversible transactions<br />
can be linked by gateways pretty easily,<br />
because complicated reconciliation<br />
procedures are not necessary. Gateways<br />
can be both direct or indirect [through<br />
exchangers].” *www.bi-me.com/<br />
Both <strong>Webmoney</strong> and cashU provide merchants<br />
with highly effective solutions for selling goods<br />
and services on the Internet. Since the cashUcard<br />
is a prepaid card, the user simply tosses it out<br />
after the single use. This card development, was<br />
a key online payment solution for this region of<br />
the world and this new <strong>Webmoney</strong> partnership<br />
opens up expansive retail markets for both<br />
companies.<br />
With the addition of cashU, <strong>Webmoney</strong> users<br />
who previously lacked access to online credit<br />
and banking have a greater selection of local<br />
funding options. Users most effected live in<br />
these countries: Egypt, Jordan, Kuwait, Nigeria,<br />
Oman, Palestine, Qatar, Saudi Arabia, Sudan,<br />
Syria, UAE, even Iran and Iraq.<br />
During an interview with Business Intelligence<br />
Middle East, in August 2007, cashU General<br />
Manager Martin Waldenström said:<br />
“ In time, we would like to partner with<br />
other leading e-currencies in markets<br />
that are outside of our geographical expertise.”<br />
Holders of cashU cards simply log into<br />
<strong>Webmoney</strong> and enter their card details. The<br />
purse is instantly funded from the prepaid card.<br />
This service is available only to formal passport<br />
(or higher passport types) holders!<br />
URL: Top-Up: top-up.wmtransfer.com/CashU<br />
Fund your WM-Purse With<br />
uKash<br />
Ukash is a financial product which allows<br />
shopping on the Internet and is designed for<br />
anyone who is using cash, instead of a credit<br />
card. This is an ideal product for digital currency