Frequently Asked Questions

Quick Facts

UKa$ii is pronounced "You-Kashee".

Ka$ii is a rewards currency that can be earned as "cash-back" for spend at UKa$ii Partners

Ka$ii can be spent any time, just like cash at UKa$ii Partners.

Loyalty Rewards and Marketing Platform FAQ

UKa$ii (pronounced "You-Kashee") is a completely mobile, blockchain based consumer “cash-back” loyalty rewards program and marketing platform. Ka$ii Tokens are earned as “cash-back” for spending money on goods and services at UKa$ii Partner establishments. All customers will need to do, is show the UKa$ii Partner their unique UKa$ii QR Code from their mobile phone at the point of payment.

Pending completion of funding, we aim to launch UKa$ii with our first partner(s) in Nigeria, in Quarter 1, 2021.

Please refer to the Partner Benefits section, here.

This is completely up to you. You decide the percentage amount of “cash-back” you would like to offer based on your products and services. It can be anything from 1% to 70% or even higher, it’s completely up to you.

We will provide you with the solution and quick training to simply and easily define what percentage you will give as “cash-back” for the products and services you sell.

Joining UKa$ii is completely free; there are no implementation or integration fees. Once you become a UKa$ii Partner, we will charge you for the amount of Ka$ii Tokens you purcahse to give to customers as “cash-back”.

If you'd like more information on becoming a UKa$ii Partner, please click here.

As a UKa$ii Partner, you will be able exchange the Ka$ii Tokens customers spend with you for cash from us.

Firstly, customers will need to download the UKa$ii Mobile app, which is currently under development. Once they create an account, Ka$ii Tokens will be earned for purchasing goods and services anywhere they see the UKa$ii logo at a UKa$ii Partner. All they will need to do is show their unique UKa$ii QR Code on their mobile phone, to be scanned when they pay for their purchases.

Customers will be able to spend Ka$ii Tokens just like cash, by scanning the unique UKa$ii Partner QR code using their mobile phones. It’s that simple.

UKa$ii will be able to handle over 3,000 transactions per second, with each transaction completed within 3-4 seconds.

1 Ka$ii will always be equal to 1 US Dollar and you will see the value of your Ka$ii in local currency on the UKa$ii Mobile app.

No. They can spend any amount of Ka$ii as soon as it is earned, as long as they have it in their account.

UKa$ii Partners will be able to bill us for the Ka$ii Tokens spent by customers on a monthly basis.

Customer identity will remain completely private. UKa$ii Partners will have access to transactional data via the UKa$ii Marketing Platform but not to whom it belongs to. UKa$ii Partners will be able to send promotions and campaigns via the Marketing Platform based on this information, if a customer consents to receive promotional messages.

However, customers will be able to reveal more information about themselves to UKa$ii Partners if they wish, in exchange for additional Ka$ii.

The UKa$ii Marketing Platform will allow Partners to pinpoint and send targeted offers to customers who genuinely want to see them, vastly reducing current marketing costs.


The Marketing Platform will also provide accurate ROI reports and allow Partners to cost effectively acquire and retain customers.


You may read more details on Partner Benfits, here, or please contact us and we'll be deligted to tell you more.

The UKa$ii App will be available from the Google Play Store and Apple App Store. Details will be made available soon. We’ll keep you updated and inform you when the app will be launched if you complete the form here.

We will be working closely with charities, NGO’s and relevant governmental organisations to identify which causes to support. A UKa$ii Head of CSR (Corporate Social Responsibility) will be responsible for coordinating UKa$ii CSR initiatives, which UKa$ii teams will actively participate in.

We are planning to make this a possibility, yes.

Our immediate short / medium term focus is the Central / Sub-Saharan Africa region, beginning with Nigeria. However, depending on the growth and acceptance of UKa$ii by customers and UKa$ii Partners alike, establishing UKa$ii in other regions and continents is of course something we are aiming to do.

Quick Facts

UKa$ii is pronounced "You-Kashee".

Ka$ii is a rewards currency that can be earned as "cash-back" for spend at UKa$ii Partners

Ka$ii can be spent any time, just like cash at UKa$ii Partners.

Blockhain FAQ

In very simple terms, all cryptocurrencies are stored as electronic transactions, recorded on a “blockchain”. That is essentially what cryptocurrencies are: electronic transactions.

Using cryptocurrency is no different to how we use credit / debit cards today. When you spend money at a store using a credit / debit card, no physical money changes hands. All that happens, is an electronic transaction is made, deducting numbers from your (bank) account and adding it to another. The transaction is recorded with the banks. It’s exactly the same with cryptocurrency. No money changes hands. An electronic transaction is made, deducting and adding numbers from one account to another. However, with cryptocurrencies there are no banks. The transactions are crytpographically encrypted, signed and recorded on a blockchain; making cryptocurency transactions extremely secure.

The blockchain is to cryptocurrency, what the internet is to email. That is probably the best way to start picturing blockchain. A blockchain is simply a - very secure - “chain” of transaction records, distributed and stored across a vast network of computers that don’t know each other (the computers are referred to as “Nodes”), where every transaction, and the history of every transaction, is stored on every computer. So, if for example someone wanted to commit fraud, and try to spend money (cryptocurrency) they didn’t have, they’d have to alter the history of every transaction on every computer.

Just like the internet is used for much more than sending and receiving email, so the blockchain can be, and is, beginning to be used for much more than transacting cryptocurrency.

The blockchain is not in one place. The blockchain is a vast, distributed network of computers (referred to as “Nodes”) that can belong to anyone, anywhere in the world.


Without going into any fine detail, your computer could become a “Node” if you wanted to participate in a blockchain. Much like people use their computers for various purposes, to play games, browse the internet, word processing, to watch movies etc., they can also run the relevant applications to become part of a blockchain and in the process, earn fees for validating transactions - which is what Nodes do.


There are various blockchains. The Bitcoin blockchain is the most well-known and is obviously used to transact bitcoin. UKa$ii is being built on the Stellar Blockchain, which you can read about here.

Blockchain transaction are verified by the computers (referred to as “Nodes”) on a blockchain network.


Without going into any fine detail, your computer could become a “Node” if you wanted to participate in a blockchain. Much like people use their computers for various purposes, to play games, browse the internet, word processing, to watch movies etc., they can also run the relevant applications to become part of a blockchain and in the process, earn fees for validating transactions - which is what Nodes do.


There are various blockchains. The Bitcoin blockchain is the most well-known and is obviously used to transact bitcoin. UKa$ii is being built on the Stellar Blockchain, which you can read about here.

UKa$ii is being built on a blockchain developed by an organisation called Stellar. A blockchain is a - very secure - “chain” of transaction records, cryptographically encrypted, distributed and stored across a vast network of computers that don’t know each other (the computers are referred to as “Nodes”), where every transaction, and the history of every transaction, is stored on every computer. So, if for example someone wanted to commit fraud, and try to spend Ka$ii they didn’t have, they’d have to alter the history of every transaction ever made, on every computer.

However, while the blockchain may be very secure by design, UKa$ii will employ “ethical hackers” who will be tasked with continually penetration testing every aspect of the UKa$ii blockchain loyalty and rewards platform to try and find any faults, holes, bugs etc., and naturally we will continue to invest in the security of UKa$ii.

Yes, Ka$ii will be stored in a digital wallet.