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Establishing a Standard: ConCardis adds Yapital to its Portfolio

April 3, 2014

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

Leading payment provider and European cross-channel payment work together/ Yapital
becomes the first mobile payment method to be incorporated into the standard sales
portfolio of a German acquirer

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 Eugene 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

SOURCE Yapital Financial AG


Source: PR Newswire



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