LUXEMBOURG | Wirecard and Yapital partner to leverage a cross-channel payment method to Wirecard's merchants around the globe. Whether online, on invoice or using mPOS, consumers can pay by scanning a QR code using the Yapital app on their smartphone and simply click "Confirm". All transactions are processed in real time and merchants have the added benefit of a guaranteed transaction.
Add Yapital as Merchants' Payment Mix
Wirecard merchants are able to integrate the Yapital cross-channel payment solution into their payment mix via the Wirecard Checkout Page. Next to the other traditional payment checkout options, online shoppers can select Yapital as their preferred payment method for checkout. They instantly receive a QR code in screen which they need to scan using the Yapital app. The online payment is confirmed by one simple touch on their mobile. Consumers only need to install the Yapital app and create a secure Yapital account. App users can choose either to connect their bank account or credit card to their Yapital 'wallet' as a funding source.
'Wirecard partners to offer innovative payment method'
"The cooperation with Wirecard is a great opportunity for us to convince a large number of companies from very diverse sectors about the tangible benefits of our cross-channel payment solution", explains Nils Winkler, Chairman of the Board at Yapital. "At the same time, Wirecard partners are able to offer their customers an innovative payment method - thus enhancing their image as a forward-looking company."
'Touch point-independent transaction options'
Michael Brinkmann, Executive Vice President of Partner Management at Wirecard AG, adds: "Changes in consumer behaviour and the growing popularity of mobile devices mean that retailers have to offer their customers touch point-independent transaction options. We are delighted to offer Yapital to our customers on our checkout page as of now and also to be contributing to the success of the product with our banking services."
About Yapital Financial AG
Yapital is a 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 payments - 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.
About Wirecard AG
Wirecard AG is one of the world's leading independent providers of outsourcing and white label solutions for electronic payment transactions. The Wirecard Group has been supporting companies in accepting electronic payments from all sales channels. A global multi-channel platform bundles international payment acceptances and methods, supplemented by fraud prevention solutions. When it comes to issuing their own payment instruments in the form of cards or mobile payment solutions, Wirecard provides companies with an end-to-end infrastructure, including the requisite licenses for card and account products.
Sourced from Yapital, February 4th, 2014