Small Outlay, Big Impact: Yapital's Business App Turns Smartphones and Tablets into Checkouts

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Feb 27, 2014, 05:00 ET

LUXEMBOURG, February 27, 2014 /PRNewswire/ --

Yapital is launching its own Business App in parallel with the Mobile World Congress. The App offers simple, straightforward mobile payments - without the need for a checkout counter.

Yapital is taking its claim to provide "Everywhere Payment" literally. With the Yapital-Business-App, consumers can now pay anywhere and anytime. In parallel with the Mobile World Congress in Barcelona, Yapital is launching an app specially for business customers. Smaller retailers and service providers such as hairdressers, kiosk owners and taxi drivers, will be able to offer their customers easy, intuitive payments by smartphone. You don't need a checkout counter, just a smartphone or a tablet PC. The Yapital-Business-App generates a unique QR code on the display of the business' device. The customer scans the QR code using the Yapital app on their smartphone and with one click "Confirm", the goods or services are paid for.

The Yapital-Business-App is free of charge and can be used by following a few quick steps. Retailers and service providers merely have to register with Yapital and install the application on their mobile terminals. The Business App provides a quick and efficient means of bill settlement and administration, with little expense. The Yapital-Business-App offers other advantages such as guaranteed real-time payments, so merchants don't have to worry about chargebacks, with funds being paid directly into their business account. Mobile devices with iOS 6 can download the Yapital-Business-App for free in the App Store. The App will soon also be available for Windows and Android operating systems.

"The smartphone is increasingly taking over the role of the wallet. With the Yapital-Business-App we're going a step further: the smartphone and the tablet are turning into checkouts," declared Nils Winkler, Chairman of the Board at Yapital. "We are convinced this is a great product that we are offering to a completely new group of business customers. Smaller retailers and service providers can now enable their customers to pay quickly and easily using a smartphone, which helps them to stand out from their competitors. That's how we're following through on our claim to offer genuine 'Everywhere Payment' that actually works anywhere and anytime."

The Yapital-Business-App liveatthe Check-Out 3.0 Tour!

Between 6th and 25th March, you'll be able to experience the Yapital-Business-App live at the Check-Out 3.0 Tour (Kasse 3.0-Tour). With the tour visiting five German cities, you will be able to see how business procedures can be further modernised through simple enhancements with products from Epson, Micros and Payleven, in addition to the Yapital Standalone Solution.

Tour dates:

Frankfurt: 6th March - Munich: 13th March - Hamburg: 18th March - Düsseldorf: 20th March - Berlin: 25th March. Further information and registration at http://www.epson.de/kasse-3-0-tour.

Press Release issued by
Yapital Financial AG
5 Rue Eugène Ruppert
L-2453 Luxemburg

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.

Further 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
E-mail: [email protected]

SOURCE Yapital Financial AG