TOTAL and Yapital Offer Payment by Smartphone at Petrol Stations

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Jan 14, 2015, 04:30 ET

BERLIN and LUXEMBOURG, January 14, 2015 /PRNewswire/ --

First European cashless cross-channel payment solution and TOTAL conclude cooperation agreement / Customers simply scan QR code and confirm amount / Rollout in TOTAL petrol station network in Germany to be completed by summer 2015

One out of three Germans would prefer to pay by mobile phone at petrol stations, shows a recent representative survey by TNS Infratest on behalf of Yapital. Among the 40 million smartphone owners, this number increases to nearly one in two (45%), which represents 18 million potential users. TOTAL and Yapital now meet this consumer demand and will soon make it possible to pay by smartphone at the 1,100 TOTAL stations across Germany. Using the Yapital app makes payment fast, safe and simple. The rollout in TOTAL's petrol station network in Germany will be completed during the summer of 2015.

TOTAL services more than 650,000 customers in Germany each day, whether they need to fill up their tank or do some shopping, often after the supermarkets are closed. In the future, customers will be able to pay at TOTAL by smartphone. They simply scan a QR code from the payment terminal using the Yapital app (which communicates with the cash register), confirm the amount shown on the app - and that´s it. Mobile payment with Yapital works independently of the mobile operating system or network. For convenient control of expenses, the user will find the transactions immediately listed in the Yapital app.

"The cooperation with TOTAL is extremely significant for us," comments Neil Scoble, Executive Vice President International Sales at Yapital. "Petrol stations are a daily necessity in the lives of most consumers - and a place where they would like to pay by mobile. Through our cooperation with TOTAL, we meet this wish and continue to establish ourselves as a true everywhere payment solution."

Guillaume Larroque, director of petrol stations at TOTAL Deutschland GmbH: "TOTAL provides innovative, clear and future-oriented offers for its customers. This is also shown by our multi-energy strategy. We are firmly convinced that our customers will increasingly ask for mobile services via their smartphones. This is what guides us consistently in our digital strategy."

Joint press release issued by

Yapital Financial AG
5 Rue Eugène Ruppert
L-2453 Luxembourg

TOTAL Deutschland GmbH
Europacity - TOUR TOTAL
Jean-Monnet-Str. 2
D-10557 Berlin

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

About TOTAL Germany

TOTAL, part of a group that is active in over 130 countries, is a leading actor in the German energy market. With fuel and lubricants for private customers, industry and commerce, as well as heating oil, liquid gas, aircraft fuel, bitumen and special industrial products, TOTAL helps you every day to get where you want to go.

TOTAL is committed globally to provide safe and sustainable energy: as a producer and provider of oil and natural gas, as a leading global producer of photovoltaic modules under the brand SunPower, and - especially in Germany - in the research of hydrogen as fuel of the future.

In Germany, TOTAL operates the third-largest network of gas stations with 1,100 stations and one of the most advanced European refineries in Leuna. The group maintains a widely diversified chemical sector and is active from the production of plastics to special applications for the automotive and aviation industries. TOTAL provides around 3,700 jobs in Germany.

de.total.com/en-us

http://www.facebook.com/TotalDeutschland

Contact

Manuel Fuchs, press relations officer, TOTAL Germany
+49(0)30/2027-6223
[email protected]

Contact
Martin Zander
Yapital Financial AG
Tel.: +352-203-10-111
Email: [email protected]

SOURCE Yapital Financial AG