Ukash CEO David Hunter has stepped down now that online epayment processor Skrill has acquired the company.
Skrill acquired Ukash late last year and l has now completed the deal and will take ownership of the online cash payments provider.
Hunter, who has served as chief executive officer of Ukash for the last five years, will step down to pursue other interests.
“This is an exciting acquisition that will considerably extend our reach in the high-growth prepayment market, enabling us to support consumers and online businesses alike with the world’s largest online cash replacement payment method,” said Davis Sear, CEO of Skrill. “I’d like to thank David Hunter, who has been instrumental in the growth of Ukash, which will be integrated with paysafecard. As we move towards our combination with Optimal Payments, paysafecard will continue to be a key part of our strategy and of our offering to our customers.”
