Open Source Cloud Authors: John Mertic, Yeshim Deniz, Ram Sonagara, Liz McMillan, Pat Romanski

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Yapital Now Also Available to OXID Customers

LUXEMBOURG, October 22, 2013 /PRNewswire/ --

Online shops can now download the new cross-channel payment method from OXID eXchange for free / Easy integration by plug-in

Business customers of OXID eSales AG can now quickly and easily integrate the new Yapital cross-channel payment system into their payment methods using a free plug-in. After installing the system, the web shop's end customers can conveniently pay with their smartphone by simply scanning a QR code with their Yapital app and confirming the purchase. Alternatively, they can also pay by entering their Yapital user name and password.

This means Yapital is becoming much more widely available just a few months after being launched. Numerous multi-channel and online retailers operate their web shops with software from the leading e-commerce specialist, OXID. The Yapital integration plug-in is available in German and English.

"We are very pleased that it has been so quick and easy for us to make Yapital available to a great many business customers by working with OXID," says Nils Winkler, Chairman of the Yapital Board. "Not only end customers, but retailers too, should be able to experience Yapital as a straightforward method of payment for every occasion. And it really couldn't be easier to integrate a new method of payment than with a free plug-in."

Georg Schmück, Platform Relations Manager at OXID eSales AG, adds: "OXID is known for its user-friendly e-commerce software - and for immediately seizing and implementing major innovations. This is why we are pleased that we were able to make Yapital available to our customers as quickly as possible."

About Yapital Financial AG

Yapital is the first European cashless cross-channel payment solution operating across all channels: over-the-counter, mobile, online and by invoice. Operation is simple, quick 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 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 e-money institution.

About OXID eSales

Freiburg-based OXID eSales AG is a leading provider of e-commerce solutions. Countless successful B2C and B2B shop operators from a wide variety of sectors appreciate the scalability, modularity and quality of the OXID platform, including Lekkerland, Fressnapf, Mercedes Benz, Strenesse, Intersport, Gravis and Deutsche Post. When implementing the flexible customisation options in the standard software (fast implementation time, low costs), customers benefit from the know-how of over 100 certified OXID solution partners and, when up and running, from being in direct contact with the manufacturer's support and development service. OXID eFire is the gateway to e-commerce in the cloud and a single user interface facilitates the professional management of online marketing, marketplaces, payment services, etc. as well as credit reference checks and intelligent searches. OXID eShop is developed and published as commercial open source software. The advantages are greater speed of innovation, higher quality developments and long-term investment security for users.

Press release issued by
Yapital Financial AG
5 Rue Eugène Ruppert
L-2453 Luxembourg

Yapital Financial AG contact:
Martin Zander
Tel: +352-203-10-111
Email: [email protected]

OXID eSales contact:
Georg Schmück 
Platform Relations Manager
Tel: +49-761-36889-133
Email: [email protected]

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