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Last updated on April 16, 2014 at 0:16 EDT

Yapital Also Represented in the Peaches Group Online Payment Mix

June 11, 2013

LUXEMBOURG, June 11, 2013 /PRNewswire/ –

Soon prelado customers will be able to top up their prepaid mobile phones by using the
new cross-channel payment provider Yapital

A few weeks before its launch, Yapital, the first European cross-channel payment
provider, has announced a cooperation with the Peaches Group. This allows Yapital, a
wholly owned subsidiary of the Otto Group, to gain access to another interesting market:
the prepaid-service platform prelado of the Peaches Group located in Wiesbaden enables
customers of over 20 German mobile phone providers to display their prepaid balance free
of charge and to top it up online in real time.

The service, which allows for the quick and easy top-up of prepaid mobile phone credit
via app, mobile web, and internet has been available in Germany since November, 2012.
Through the integration of Yapital, which is planned to take place in the near future,
prelado will gain a new, innovative payment method for its online payment mix. In future,
prelado customers will be able to quickly, easily and securely top up their credit using
Yapital.

“Integration with such an innovative service as prelado has the potential to open up a
very interesting new customer base for Yapital,” explains Nils Winkler, Chairman of the
Board of Yapital. “With this, we have gained another important partner for our first real
European cross-channel payment solution.”

“Here at Peaches, we are always focused on the benefits for our users – and this is
the same for Yapital. This makes Yapital the perfect addition to our online payment mix,”
adds Reinhold M. Sigler, Chief Executive Officer of the Peaches Group (PEACHES mobile
GmbH, PEACHES Systems GmbH, REA MOBILE GmbH). Andreas Schulz, SVP Sales & Payments of the
Peaches Group, adds: “We want to make it as easy as possible for our customers to top up
their prepaid mobile phone credits. With Yapital, we can offer them an additional,
particularly straightforward way to do this. Therefore we will gradually expand our
cooperation, also beyond the German market.”

About Yapital Financial AG

Yapital is the first European, non-cash cross-channel payment solution across all
channels: stationary, mobile, online, and via invoice. Using the service is easy, fast and
secure: After online registration, the user can immediately make payments and send and
receive money across all channels using Yapital.

For business customers, Yapital is a guaranteed method of payment – this provides
process security and reduces administrative costs. Yapital also seamlessly covers all
trade and service channels. This makes it possible to convert marketing channels to
distribution channels. Using Yapital, business customers can not only reduce costs, but
also simultaneously unlock new sales potential.

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

About the Peaches Group

The core competencies of the Peaches Group group of companies can be subdivided into
two different segments: Payment & Prepaid Services. The Group has real mobile payment
experience and positions itself as an independent mobile payment acquirer with its own
mobile payment technology platform. Moreover, Peaches acts as a reseller (PSP payment
service provider) for the mobile payment systems “mpass” from Telecom, Vodafone and O2.

The Peaches Group operates as a provider of pre-paid top-up solutions. Using the brand
prelado – prepaid anytime & anywhere, the Group located in Wiesbaden operates its own
prepaid service platform. It provides users with a real time top-up service for prepaid
mobile phones via app, mobile web and Internet. In addition, it is possible to display a
free, vendor-neutral prepaid mobile credit balance via app (Android & iOS). PEACHES Mobile
GmbH offers this prepaid service as a white-label solution to interested partners. The
full service offering, inclusive of airtime and payment processing with payment guarantee,
is run entirely within the CI/CD of the partner.

The Peaches Group includes the companies PEACHES Systems GmbH, PEACHES Mobile GmbH and
REA MOBILE GmbH – Companies of PEACHES AG.

        Press release published by

        Yapital Financial AG
        5 Rue Eugene Ruppert
        L-2453 Luxembourg

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

        Contact:
        Kristina Schaube
        PEACHES AG
        Tel.: +49-(0)-611-94-58-58-17
        E-mail: pr@peachesgroup.com

SOURCE Yapital Financial AG


Source: PR Newswire