DGAP-News: PEACHES AG: Yapital also represented in the Peaches Group online payment mix

DGAP-News: PEACHES AG: Yapital also represented in the Peaches Group online payment mix

ID: 268464

(firmenpresse) - DGAP-News: PEACHES AG / Key word(s): Alliance/Product Launch
PEACHES AG: Yapital also represented in the Peaches Group online
payment mix

11.06.2013 / 14:00

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Soon prelado customers will be able to top up their prepaid mobile phones
by using the new cross-channel payment provider Yapital

WIESBADEN, June 11, 2013 -- A few weeks before its launch,
Yapital, the first European cross-channel payment provider, has announced a
cooperation with the Peaches Group. This allows Yapital, a wholly owned
subsidiary of the Otto Group, to gain access to another interesting market:
the prepaid-service platform prelado of the Peaches Group located in
Wiesbaden enables customers of over 20 German mobile phone providers to
display their prepaid balance free of charge and to top it up online in
real time.

The service, which allows for the quick and easy top-up of prepaid mobile
phone credit via app, mobile web, and internet has been available in
Germany since November, 2012. Through the integration of Yapital, which is
planned to take place in the near future, prelado will gain a new,
innovative payment method for its online payment mix. In future, prelado
customers will be able to quickly, easily and securely top up their credit
using Yapital.

'Integration with such an innovative service as prelado has the potential
to open up a very interesting new customer base for Yapital', explains Nils
Winkler, Chairman of the Board of Yapital. 'With this, we have gained
another important partner for our first real European cross-channel payment
solution.'

'Here at Peaches, we are always focused on the benefits for our users - and
this is the same for Yapital. This makes Yapital the perfect addition to
our online payment mix'', adds Reinhold M. Sigler, Chief Executive Officer




of the Peaches Group (PEACHES mobile GmbH, PEACHES Systems GmbH, REA MOBILE
GmbH). Andreas Schulz, SVP Sales&Payments of the Peaches Group, adds: 'We
want to make it as easy as possible for our customers to top up their
prepaid mobile phone credits. With Yapital, we can offer them an
additional, particularly straightforward way to do this. Therefore we will
gradually expand our cooperation, also beyond the German market.'

About the Peaches Group
The core competencies of the Peaches Group group of companies can be
subdivided into two different segments: Payment&Prepaid Services.
The Group has real mobile payment experience and positions itself as an
independent mobile payment acquirer with its own mobile payment technology
platform. Moreover, Peaches acts as a reseller (PSP payment service
provider) for the mobile payment systems 'mpass' from Telecom, Vodafone and
O2.

The Peaches Group operates as a provider of pre-paid top-up solutions.
Using the brand prelado - prepaid anytime&anywhere, the Group located in
Wiesbaden operates its own prepaid service platform. It provides users with
a real time top-up service for prepaid mobile phones via app, mobile web
and Internet. In addition, it is possible to display a free, vendor-neutral
prepaid mobile credit balance via app (Android&iOS). PEACHES Mobile GmbH
offers this prepaid service as a white-label solution to interested
partners. The full service offering, inclusive of airtime and payment
processing with payment guarantee, is run entirely within the CI/CD of the
partner.

The Peaches Group includes the companies PEACHES Systems GmbH, PEACHES
Mobile GmbH and REA MOBILE GmbH - Companies of PEACHES AG.

Contact:

Kristina Schaube
PEACHES AG
Tel.: +49-(0)-611 / 94-58-58-17
E-mail: pr(at)peachesgroup.com


About Yapital Financial AG
Yapital is the first European, non-cash cross-channel payment solution
across all channels: stationary, mobile, online, and via invoice. Using the
service is easy, fast and secure: After online registration, the user can
immediately make payments and send and receive money across all channels
using Yapital.

For business customers, Yapital is a guaranteed method of payment - this
provides process security and reduces administrative costs. Yapital also
seamlessly covers all trade and service channels. This makes it possible to
convert marketing channels to distribution channels. Using Yapital,
business customers can not only reduce costs, but also simultaneously
unlock new sales potential.

Yapital was founded as a wholly-owned subsidiary of the Otto Group in 2011.
Yapital Financial AG is licensed in Luxembourg as an electronic money
institution.

Contact:

Martin Zander
Yapital Financial AG
Tel.: +352-203-10-111
E-mail: press(at)yapital.com


End of Corporate News

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11.06.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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215864 11.06.2013


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Datum: 11.06.2013 - 14:00 Uhr
Sprache: Deutsch
News-ID 268464
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