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
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
To paraphrase someone famous, "The definition of insanity is to do something the same way over and over again and expect a different result". Humans are creatures of habit and when it comes to storage, old habits die hard. Why do we continue to put our faith in legacy storage providers when they haven't invented anything new in decades. Sure, they re-badge their products every couple of years to make their messaging look modern, but ultimately, it's the same old stuff with a new coat of lipsti...
StarNet Communications Corp has announced the addition of three Secure Remote Desktop modules to its flagship X-Win32 PC X server. The new modules enable X-Win32 to safely tunnel the remote desktops from Linux and Unix servers to the user’s PC over encrypted SSH. Traditionally, users of PC X servers deploy the XDMCP protocol to display remote desktop environments such as the Gnome and KDE desktops on Linux servers and the CDE environment on Solaris Unix machines. XDMCP is used primarily on comp...
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...