Yapital and VeriFone Partner to Easily Enable Payment via Smartphone

LUXEMBOURG, September 10, 2014 /PRNewswire/ --

With thousands of payment terminals now enabled to use Yapital as a payment method, the first European cross-channel payment solution continues to pave the way for becoming standard at POS 

As of now, Yapital, the first European cross-channel payment solution, is available on payment terminal solutions from VeriFone. This cooperation with VeriFone - the global leader in secure electronic payment solutions-marks yet another milestone on Yapital´s way to become available everywhere as a standard for mobile payments in Germany and Europe.

With the integration of Yapital in the VeriFone H5000 terminal software (other terminals will follow later this year), retailers and merchants can offer their customers the ability to pay with their smartphones by simply scanning a QR code displayed at the terminal. Integration for the retailers is quick, easy and cost-effective. As the software supports terminals connected to cash registers as well as stand-alone terminals, this integration opens up the Yapital way of payment to retailers of any size.

Yapital CEO Nils Winkler comments: "Yapital continues to position itself as the cross-channel payment solution, allowing consumers to pay in-store, online, by invoice or mobile. Teaming up with VeriFone brings us a huge step closer to our goal of becoming a technical standard in-store - at virtually every POS terminal in Germany."

Markus Hövekamp, General Manager of Germany for VeriFone, adds: "At VeriFone, we aim to offer our clients every possibility to be competitive and to meet consumer demand for flexible payment options and fast processing. Integrating the H5000 with Yapital is not just a logical step, but one that makes sense strategically, as it provides a way for merchants and retailers to leverage new payment methods."

Yapital will showcase its mobile payment experience using a VeriFone H5000 terminal at this year´s Digital Marketing Exposition & Conference dmexco in Cologne, Germany, from September 10^th - 11^th at booth C050/C054 in hall 7.

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 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.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: [email protected]

About VeriFone Systems, Inc. 

VeriFone Systems, Inc. ("VeriFone") is the global leader in secure electronic payment solutions. VeriFone provides expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare vertical markets.  VeriFone solutions are designed to meet the needs of merchants, processors and acquirers in developed and emerging economies worldwide. The headquarters of the German branch of VeriFone is located in Bad Hersfeld.

More information on VeriFone:
Homepage: http://www.verifone.com
Blog: http://blog.verifone.com/
Twitter: https://twitter.com/verifone_emea
Facebook:  www.facebook.com/verifone

Contact
Susanne Van Verre
VeriFone GmbH
Tel.:  +49(0)6621-84-611
Email: [email protected] 

SOURCE Yapital Financial AG