Click here to close now.

SYS-CON MEDIA Authors: Liz McMillan, Pat Romanski, Carmen Gonzalez, AppDynamics Blog, Roger Strukhoff

News Feed Item

Yapital Boldly Moves Into European Fashion by Signing Katag AG

LUXEMBOURG, February 6, 2014 /PRNewswire/ --

Entering a strategic partnership with Europe's largest fashion service provider opens the door for Yapital to integrate more than 1400 fashion stores

The innovative cross-channel payment solution Yapital and Katag AG, Europe's largest fashion service provider,have entered into a strategic partnership.

The agreement opens the door for Yapital to integrate the new cross-channel payment method at around 1400 department stores and boutiques. KATAG itself acts as a multiplier: around 370 fashion partners will be offered special conditions for integrating Yapital as well as being provided with a specialist support team to look after the integration process. The integration itself is fulfilled by Yapital.

With KATAG, fashion and high-end specialist textile retailers can select from an extensive range of exclusive ladies', men's and children's fashion brands, as well as home-ware accessories. Retailers can enhance their customer's buying experience with Yapital's simple payment process. Customers scan a QR code on the website using the free Yapital app on their smartphone. Once scanned, the customer confirms the purchase with one click.  Retailers can not only offer customers an easy, secure and comfortable payment method, they also benefit directly as customer funds are guaranteed and are transferred in real-time directly to the retailer's merchant account.

"The collaboration with KATAG AG gives us the chance to offer Yapital to a large number of fashion retailers, in one fell swoop," said Nils Winkler, Chairman of the Board at Yapital. "Department stores and boutiques represent an important step in our strategy to quickly achieve a high level of visibility for our cross-channel payment solution within the sector. We want consumers to come across Yapital on a daily basis wherever they go - both online and offline."

Dr. Daniel Terberger, CEO of KATAG AG, added: "For us, everything revolves around one question: 'How can we best support our customers?' By delivering collections that sell well. But also by advising the retailers regarding their sales strategy. Here innovation and modernity are always vital components. Yapital fits very well within the fashion environment, in particular, because the payment procedure is an important component of the shopping experience, and a payment which functions as intuitively and elegantly as Yapital is simply in keeping with the times. Added to this is the huge potential that we see in the QR code technology as summed up in the buzz phrase; converting marketing channels into sales channels."

Pressrelease 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 the conversion of marketing channels into sales channels. Business customers can therefore not only reduce costs with Yapital, but 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

Experience Yapital live at the Euroshop trade fair in Dusseldorf this February (16-20.2.2014):

Hall 6, Booth 6E49.

Contact:

Martin Zander

Yapital Financial AG

Tel.: +352-203-10-111

Email: [email protected]

About KATAG AG

Bielefeld-based KATAG AG is Europe's largest fashion service provider. Approx. 370 trading companies at more than 1400 locations now count themselves among the KATAG partner companies. KATAG offers its partners high-return brand name collections (among others: Basefield, Staccato, Clarina, Commander, JETTE, (The Mercer) N.Y.) and central purchasing ensures that members receive savings on global imports. Systems provision and professional marketing offers also form part of the Bielefeld company's service portfolio.

Contact:

KATAG AG

Contact person for corporate topics
Dr. Daniel Terberger, Chariman of the Board
Tel.: +49-521-292-200



SOURCE Yapital Financial AG

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today the DevOps Foundation Certification Course, being held June ?, 2015, in conjunction with DevOps Summit and 16th Cloud Expo at the Javits Center in New York City, NY. This sixteen (16) hour course provides an introduction to DevOps – the cultural and professional movement that stresses communication, collaboration, integration and automation in order to improve the flow of work between software developers and IT operations professionals. Improved workflows will res...
BroadSoft on Tuesday announced that it is a recipient of the 2014 Frost & Sullivan Market Leadership Award in the Hosted/Cloud Internet Protocol (IP) Telephony market for Latin America. According to Frost & Sullivan market research, the Latin America (LATAM) hosted/cloud Internet Protocol (IP) telephony market, including integrated unified communications and collaboration (UC&C) applications, is currently experiencing a rapid growth trajectory and is expected to exhibit a tenfold rise in annual...
SOASTA, the leader in performance analytics, today reported record growth of the CloudTest community, exceeding 30,000 registered users of the CloudTest platform in Q1 2015. SOASTA also announced widespread adoption of its Web and mobile testing solutions, with more than 1,600 customers completing more than 285,000 tests using CloudTest during the quarter. This rapid growth shows that DevOps-driven digital businesses are embracing a more continuous approach to testing, and CloudTest is meeting t...
ProfitBricks, the provider of painless cloud infrastructure for IaaS, today announced the release of a Node.js SDK written against its recently launched REST API. This new JavaScript based library provides coverage for all existing ProfitBricks REST API functions. With additional libraries set to release this month, ProfitBricks continues to prove its dedication to the DevOps community and commitment to making cloud migrations and cloud management painless. Node.js is an open source, cross-pl...
GENBAND has announced that SageNet is leveraging the Nuvia platform to deliver Unified Communications as a Service (UCaaS) to its large base of retail and enterprise customers. Nuvia’s cloud-based solution provides SageNet’s customers with a full suite of business communications and collaboration tools. Two large national SageNet retail customers have recently signed up to deploy the Nuvia platform and the company will continue to sell the service to new and existing customers. Nuvia’s capabili...
Sonus Networks introduced the Sonus WebRTC Services Solution, a virtualized Web Real-Time Communications (WebRTC) offer, purpose-built for the Cloud. The WebRTC Services Solution provides signaling from WebRTC-to-WebRTC applications and interworking from WebRTC-to-Session Initiation Protocol (SIP), delivering advanced real-time communications capabilities on mobile applications and on websites, which are accessible via a browser.
Temasys has announced senior management additions to its team. Joining are David Holloway as Vice President of Commercial and Nadine Yap as Vice President of Product. Over the past 12 months Temasys has doubled in size as it adds new customers and expands the development of its Skylink platform. Skylink leads the charge to move WebRTC, traditionally seen as a desktop, browser based technology, to become a ubiquitous web communications technology on web and mobile, as well as Internet of Things...
SYS-CON Events announced today that AIC, a leading provider of OEM/ODM server and storage solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. AIC is a leading provider of both standard OTS, off-the-shelf, and OEM/ODM server and storage solutions. With expert in-house design capabilities, validation, manufacturing and production, AIC's broad selection of products are highly flexible and are conf...
“With easy-to-use SDKs for Atmel’s platforms, IoT developers can now reap the benefits of realtime communication, and bypass the security pitfalls and configuration complexities that put IoT deployments at risk,” said Todd Greene, founder & CEO of PubNub. PubNub will team with Atmel at CES 2015 to launch full SDK support for Atmel’s MCU, MPU, and Wireless SoC platforms. Atmel developers now have access to PubNub’s secure Publish/Subscribe messaging with guaranteed ¼ second latencies across PubN...
SYS-CON Events announced today that Vicom Computer Services, Inc., a provider of technology and service solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. They are located at booth #427. Vicom Computer Services, Inc. is a progressive leader in the technology industry for over 30 years. Headquartered in the NY Metropolitan area. Vicom provides products and services based on today’s requirements...
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the ...
SYS-CON Events announced today that Blue Box has been named “Bronze Sponsor” of SYS-CON's DevOps Summit New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Blue Box delivers Private Cloud as a Service (PCaaS) to a worldwide customer base. Built on a technology platform leveraging decades of operational expertise in cloud and distributed systems, Blue Box Cloud is a managed private cloud product available in both hosted and on-prem versions. Each Blue Box ...
Chuck Piluso will present a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Speaker Bio: Prior to Data Storage Corporation (DSC), Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of ...
There are lots of challenges in IoT around secure, scalable and business friendly infrastructure for enterprises. For large corporations, IoT implementations are one of the top priorities of the decade. All industries are seeing a competitive need to sustain by investing in IoT initiatives. The value addition comes from improved customer service, innovative product and additional revenue streams. The data from these IP-connected devices can be leveraged for a variety of business applica...
SYS-CON Events announced today that Soha will exhibit at SYS-CON's DevOps Summit New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Soha delivers enterprise-grade application security, on any device, as agile as the cloud. This turnkey, cloud-based service enables customers to solve secure application access and delivery challenges that traditional or virtualized network solutions cannot solve because they are too expensive, inflexible and operational...