System update at GRAVIS: Customers can now pay for gadgets with Yapital

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September 22, 2014
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System update at GRAVIS: Customers can now pay for gadgets with Yapital

LUXEMBOURG, September 22, 2014 /PRNewswire/ --

    GRAVIS launches cross-channel, mobile payment method Yapital in its online shop /
Roll-out to all 44 stores in Germany is planned

    Digital lifestyle par excellence for the past 25 years: for electronic lovers, GRAVIS
means inspiration through technology and innovation. From now on, the payment experience
will fit even better into this line-up, as the biggest German Apple retail chain has
successfully implemented the cross-channel payment solution Yapital in its online shop. In
the coming months, the cross-channel payment will also be rolled out to the 44 GRAVIS
stores across Germany.

    Whether online or soon at the store, customers of the digital lifestyle provider will
be able to pay for their purchases within seconds, cashless and by always using the same
procedure: they simply scan a QR code with the Yapital app on their smartphone and click
on 'Confirm', that's it. Online it is alternatively possible to pay by entering the
Yapital username and password. A transaction overview in the Yapital app transparently
lists all spendings in real-time.

    "GRAVIS is known for innovative technology and a unique shopping experience, online as
well as in its stores. If the smartphone now pays for a smartphone - fast, simply and
securely - and immediately displays the purchase price in an overview enabling consumers
to keep an eye on expenses, the experience is perfectly complemented," states Nils
Winkler, CEO of Yapital. "In addition, digital lifestyle goods are popular with consumers
and are an important market for Yapital on our way to become an Everywhere Payment. We are
therefore delighted about this cooperation, it's a perfect fit."

    Jochen Otterbach, Managing Director at GRAVIS, adds: "Innovative products that express
individuality and the zeitgeist are at the centre of GRAVIS. We want our customers to
experience digital ideas. That makes a coherent shopping experience in all aspects
essential for us. Yapital fits perfectly into our company philosophy: an innovative
payment method that works intuitively online and offline, integrates seamlessly into our
customers' daily lives and is fun at the same time."

       
        Press release 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 on 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 enables 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 about 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
        Mail: press@yapital.com

    About GRAVIS

    GRAVIS has been a wholly owned subsidiary of mobilcom-debitel GmbH and therefore part
of the freenet Group since the beginning of 2013. GRAVIS provides personal consultation to
give its customers easy access to a digital lifestyle, and presents all major digital
lifestyle innovations - regardless of manufacturer - at currently more than 70 outlets in
Germany. Founded in 1986 in Berlin, the GRAVIS computer sales company grew into Germany's
biggest retail chain for Apple iPhones, iPads, Macs and more, as well as Apple's largest
service partner in Europe. Since its founding, GRAVIS has steadily developed into what it
is today one of Germany's leading digital lifestyle providers. In addition to Apple,
GRAVIS has opened to close co-operations with other partners in the field of consumer
electronics, including Samsung and Sony.

       
        Contact
        Carsten Brandt
        freenet AG
        Deelbögenkamp 4c
        22289 Hamburg, Germany
        pr@freenet.ag
        Tel +49-40-513-06-777
        Fax +49-40-513-06-977

Yapital Financial AG

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