Establishing a Standard: ConCardis adds Yapital to its Portfolio

LUXEMBOURG and ESCHBORN, Germany, April 3, 2014 /PRNewswire/ --

A first in the payment sector: ConCardis, the leading provider of cashless transactions, has adopted Yapital into its range of services, making it available for both its new and existing customers. Yapital's cross-channel payment is the first mobile payment method for stationary businesses being integrated in the standard marketing portfolio of a German acquirer.

As of now, retailers using ConCardis to process their transactions can integrate Yapital into their available payment methods completely hassle-free. In doing so, they'll offer their customers a modern payment option, which can be completed using just a smartphone.

As the leading European specialist in processing cashless payments, ConCardis provides its services to around 400,000 outlets, including retailers in Germany, the Benelux countries and an increasing number of other European countries.

"For Yapital, this collaboration is another important step towards reaching a standard at POS", explains Nils Winkler, Chairman of the Board at Yapital. "With ConCardis we have gained an excellent partner that has been successful in the market for 30 years, and not without reason, and is continuing to grow. They are open to new technologies, providing the time is right, and it can offer much added value to the business. This is the case with Yapital."

Rainer Sureth, Chief Executive Officer at ConCardis GmbH, adds: "Our customers at home and abroad know that they have an experienced partner for all the services that relate to payment transactions. But we also have an eye on the future and that is why we are pleased to be adding Yapital to our portfolio. This payment method is not yet a standard at the checkouts, but it soon will be."

Press release issued by 

Yapital Financial AG

5 Rue Eugène Ruppert
L-2453 Luxembourg

About Yapital Financial AG 

Yapital is the first European, cashless cross-channel payment solution operating across all channels: in-store, mobile, online and by invoice. Operation is easy, fast and secure: following online registration, the user can immediately make payments, send and receive money with Yapital, across all channels.

For business customers, Yapital is a guaranteed means of payment - this provides process security and reduces administrative costs. In addition, Yapital seamlessly covers all trade and service channels, thus enables marketing channels to be converted into sales channels. Business customers can therefore not only reduce costs with Yapital, but can also simultaneously open up new revenue potential.

Yapital was established in 2011 as a wholly owned subsidiary of the Otto Group. Yapital Financial AG is licensed in Luxembourg as an electronic money institution.

More information on Yapital:

Homepage: http://www.yapital.com

Blog: http://www.yapital.info

Twitter: http://www.twitter.com/yapital

Facebook: http://www.facebook.com/yapital

Contact  

Martin Zander
Yapital Financial AG
Tel.: +352-203-10-111
Email: press@yapital.com

About ConCardis GmbH 

ConCardis is a joint venture between German banks and savings banks and is one of Europe's leading providers of cashless payments, with some 30 years of experience in the field of card acceptance. The company serves 230,000 customers in Germany, Switzerland, Austria and Benelux, providing a full range of debit and credit card payment services to around 400,000 points of sale in face-to-face retailing as well as in e-commerce and mail order. The payment institute is authorised by the German regulatory authority BaFin and is successfully expanding into other European markets.

Contact  

Kerstin Pitsch
Tel.: +49(0)69-7922-4681
Fax:  +49(0)69-7922-4580
E-mail: presse@concardis.com
http://www.concardis.com