New Strategic Partnership to drive Expansion of Mobile Payment

LUXEMBOURG, July 7, 2015 /PRNewswire/ --

PAYONE integrates Yapital in its platform / Shop extensions have also been updated  

Paying online without having to enter your card details over and over again? Mobile payment offers just that: Not only is it an easy and secure way of paying, but more and more people are also adopting it. With the integration of the first European cross-channel payment solution Yapital, PAYONE is expanding its range of payment services and is now offering its customers an additional opportunity to increase the conversion rate of their online shops. With Yapital, users can pay by smartphone to easily settle payments online, in shops and even by invoice. They simply scan the QR code and confirm the amount - that´s it. When paying online, customers can also enter their Yapital user name and password at the checkout. All transactions are secure and carried out in real-time.

In addition to the PAYONE platform, the shop extensions for Magento, OXID eShop and Shopware have already been updated to include Yapital in order to ensure that all Yapital payments are processed smoothly. Another advantage of the virtual wallet Yapital - which can be funded by SEPA direct debit or credit card - is that the solution offers data protection in accordance with European banking standards, with data processing taking place in European data centres.

"Wallets and mobile payment are gaining more and more fans in eCommerce. Yapital, the first European cross-channel payment solution, is very interesting for online retailers, particularly as consumers are becoming increasingly aware of the importance of data protection. Yapital's approach to designing a contemporary and secure payment solution offers compelling arguments for PAYONE to enter into a joint venture with them," says Carl Frederic Zitscher, Managing Director of PAYONE. Karsten Cornelissen, Managing Director at Yapital, added: "Mobile payment will become part of consumers´ daily routines, especially when there are many opportunities for payment by smartphone - this is the reason why integrating Yapital into a retailer´s existing payment infrastructure must be as easy and straightforward as possible. Thanks to our cooperation with PAYONE, we have gained another strong partner with whom we can make a big leap forward when it comes to increasing the number of Yapital acceptance points."

Starting immediately, PAYONE customers can now choose Yapital as one of many other payment possibilities on the PAYONE platform.

You can find more information on Yapital´s integration on PAYONE on http://www.payone.de/yapital.

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 PAYONE 

PAYONE with headquarters in Kiel is one of the leading payment services providers in Europe and ranks among the 50 fastest-growing technology companies in Germany. With its modular platform, PAYONE offers a software-as-a-service solution (SaaS) to companies for fully automated and comprehensive processing of all payments in e-commerce. The range of services includes the processing of payments from over 30 national and international payment methods with integrated risk management to minimise defaults in payment and fraud. Additional product modules make it possible to outsource the management of accounts receivable, the issuing of invoices as well as the processing of subscriptions. Standardised interfaces allow for a simple integration into existing IT and mobile system environments. Extensions may also be easily integrated into e-commerce systems.

PAYONE is a company of the Savings Banks Finance Group, having among its clients more than 3,000 e-commerce companies from a variety of sectors and countries. This list includes well-known companies such as Immonet, Globetrotter Ausrüstung, HD PLUS, Fujitsu, Zalando, Hawesko, Sony Music and Hallhuber. PAYONE has around 100 employees.

Contact
PAYONE GmbH
John Alexander Rehmann
Fraunhoferstraße 2-4
24118 Kiel, Germany
Phone: +49-431-25968-0
Fax: +49-431-25968-100
presse@payone.de
http://www.payone.de

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