Welcome!

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
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, provided a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to oper...
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
In his session at 21st Cloud Expo, James Henry, Co-CEO/CTO of Calgary Scientific Inc., introduced you to the challenges, solutions and benefits of training AI systems to solve visual problems with an emphasis on improving AIs with continuous training in the field. He explored applications in several industries and discussed technologies that allow the deployment of advanced visualization solutions to the cloud.
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.