Prepaid e-voucher provider Ukash has won the
Queen’s Award for Enterprise for Outstanding Achievement in
International Trade for the second consecutive year.

The award recognises Ukash’s substantial
geographical and financial growth.

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The company reported 85% year-on-year growth
in both 2010 and 2011, and projected growth for 2012 remains in
excess of 70%.

“In the future we have more plans to enhance
Ukash’s service – and we endeavour to maintain the high performance
HM the Queen has recognised over the past two years,” said David
Hunter, Chief Executive Officer of Ukash, through the company
PR.

Ukash has recently expanded its reach in
established European markets, as well as launching it in Denmark,
Australia, New Zealand, Canada, South Africa, Brazil, Mexico,
Colombia and Argentina.

In the past five years, Ukash extended its
presence from eight to 57 countries, and its services are now
available at over 420,000 physical points of purchase in six
continents.

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Ukash customers exchange cash for a 19 digit
code that can be used as payment at thousands of websites, with no
need to reveal personal financial information.

The Queen’s Award for International Trade is
awarded on the advice of the Prime Minister, who is assisted by an
Advisory Committee chaired by the Chief Executive of United Kingdom
Trade and Investment. Applicants need to demonstrate their
commercial growth with figures detailing profitability, market
share turnover, performance, and measures taken to stimulate sales
in relation to business targets.