Mobile Payment Meets Fashion: Yapital Integrated in All Collins Shops

LUXEMBOURG, June 30, 2015 /PRNewswire/ --

Online shops aboutyou.de, edited.de and sistersurprise.de now offer payment by smartphone 

How will we pay tomorrow? Probably like Yapital users already pay today: in a mobile, uncomplicated, transparent, secure and cross-channel way. And how will we shop tomorrow? Most likely in an online, mobile, uncomplicated, highly personalised and interactive way - just as customers of Collins (German e-commerce start-up) at its brands ABOUT YOU, EDITED and SISTER SURPRISE already shop today. The integration of Yapital in the online checkout at Collins´s so-called "open commerce" platform has just been completed and underlines the commitment of two of the most exciting start-ups of the Otto Group to provide their customers with a contemporary shopping experience.

Yapital offers secure and uncomplicated payment by smartphone: anywhere, at any time and across all channels, no matter if online, in brick-and-mortar stores or by invoice. Users pay by scanning a QR code and always have a full overview of their expenses inside the app.
Since its start in 2014, Collins has brought the fashion world forward into the future: the company, which has won multiple awards, has democratised e-commerce with an open technology and business platform for merchants, brands and creative minds such as app developers. The result of this "open commerce" concept is an unequalled personalised and inspiring shopping experience.

"We are very happy that Yapital users can now pay by smartphone at all Collins shops," says Karsten Cornelissen, Managing Director at Yapital. "Collins has a fascinating and unique concept: shops such as ABOUT YOU are transforming the fashion industry - just like Yapital is transforming the payment landscape."

Hannes Wiese, co-CEO of Collins, also welcomes the integration of the Yapital payment solution on aboutyou.de, edited.de and sistersurprise.de. "With Yapital as our partner we effectively join the mobile payment trend by expanding our shops´ payment options and we give our customers the choice between traditional and new methods."  

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.

Payments with Yapital are transferred in real-time, leading to process reliability and a reduction in administrative costs for business partners. In addition, Yapital seamlessly covers all trade and service channels, thus enabling 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.com/blog/en 
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 Collins 

Collins GmbH & Co. KG is an e-commerce start-up of the Otto Group headquartered in Hamburg. The management team includes founders and digital experts Tarek Müller (26) and Sebastian Betz (23) as well as former Roland Berger strategist Hannes Wiese (32). Launched in June 2013, Collins now has around 230 employees, including experienced editing and fashion experts as well as IT talents from a total of 13 countries. Core of the Collins business model is open commerce, i.e. openness to the ideas of content creators, developers, brand suppliers and merchants. Launched in May of 2014, the online shopping brand ABOUT YOU uses a developer centre to continuously integrate new fashion and lifestyle apps into the platform. Additional brands of Collins include so-called verticals, such as the highly targeted content and fashion brand EDITED and lingerie and bathing fashion specialist Sister Surprise.

More information about Collins:
http://www.project-collins.com
http://www.aboutyou.de  
http://www.edited.de  
http://www.sistersurprise.de  

Contact
Muschda Sherzada
Collins GmbH & Co. KG
Tel.: +49-40-638-569-212
Email: muschda.sherzada@project-collins.com

Please find the press release and additional information on the Yapital Blog.

SOURCE Yapital Financial AG