Yapital and AXA Assistance Offer Yapital Users Comprehensive Free Insurance Cover When Shopping With Yapital

LUXEMBOURG, March 4, 2014 /PRNewswire/ --

Full protection when purchasing with Yapital thanks to the strategic partnership between Yapital and AXA Assistance

With Yapital, making payments is easy, fast and intuitive, and in the near future even more secure. Working together with AXA Assistance Germany and the risk carrier Inter Partner Assistance, Yapital will offer its users soon comprehensive insurance coverage when shopping with Yapital - completely free of charge.

Goods paid for with Yapital are generally protected against theft and accidental damage for a period of 30 days. Yapital users therefore have a general right to a refund of the purchase price in the event of a claim. Alternatively, the insurer can also arrange for the insured goods to be repaired or replaced. Yapital shopping protection is even applicable should goods purchased on the Internet with Yapital have not been delivered within 30 days, if they do not meet expectations, or if products are faulty.  

Insurance coverage for Yapital users is part of the strategic partnership, which has now been agreed between Yapital and AXA Assistance.

"You can feel confident shopping with Yapital. This is backed up by our purchase protection with extraordinary cover, provided for free to all Yapital users", says Nils Winkler, Yapital's Chairman of the Board. "We are pleased to have found a partner in AXA Assistance; they understand our needs and can provide our users with tailor-made services."

Luiza Savu-Bürger, Head of Marketing and Customer Management at AXA Assistance Germany, adds: "We are very pleased about the strategic partnership with Yapital. Yapital's services respond to global trends. We also make this claim: Our goal is to develop solutions for our partners to enable them deliver exactly what their customers need. This is exactly what we have achieved with our Yapital purchase protection."

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

See Yapital live at the Retail Business Technology Expo in March (11-12 March 2014)

Stand 227.

About AXA Assistance Germany GmbH

AXA Assistance is one of the world's leading suppliers of modern assistance services. The company has been active in international markets for more than 40 years and has become the largest service network in the industry: over 30 separate call centres and 6,900 employees ensure that customers and employees can rely on the best possible service at any time and in any location on a daily basis. AXA Assistance Germany, which is based in Paris, is part of the global AXA Assistance Group and is fully owned the insurance group AXA S.A.

Further information is available at http://www.axa-assistance.de

Contact
Sandra Bildz
AXA Assistance Deutschland GmbH
Tel: +49(89)500-70-568
Fax: +49(89)500-70-350
E-mail: sbildz@axa-assistance.de