Pay your SportScheck invoices in a flash with the Yapital QR Code

LUXEMBOURG, December 12, 2013 /PRNewswire/ --

SportScheck is the first retailer to introduce the innovative cross-channel payment option / Just scan the QR code and the payment is made

Most Germans prefer to pay on account when shopping on the internet. No wonder - paying on account has many advantages. However, paying the amount quickly and simply has not been one of the advantages so far. Things are different with SportScheck and that's with immediate effect: the retailer is the first company to offer its customers the option of paying for their catalogue or online orders more easily and faster than ever before - just by scanning the Yapital QR code printed on the invoice with their smartphone. An additional click on "confirm" and everything is done, without any online banking or heading off to the bank.

 Yapital has been available as a payment method in the online shop since the middle of July. There, customers can also pay by scanning a QR code - or alternatively by entering their Yapital credentials at the online checkout. By having the QR code on the invoice, the multi-channel retailer is using yet another particularly trendsetting feature of the innovative payment method. That's because if you pay your invoice by scanning the QR code, you don't have to bother entering the lengthy IBAN numbers that are replacing the conventional account numbers with the introduction of SEPA.

 "Paying by scanning the QR code is one of the most exciting features of our new cross-channel payment option because it meets the consumer's need for a fast and simple purchasing process online as well as offline," says Nils Winkler, Chairman of the Board of Yapital. "Consumers always have their smartphones ready and paying with this method is unbelievably easy and convenient." It can be used in-store, at the online checkout and for payments on account. Retailers also benefit: The money is paid into their accounts faster, that's to say in real time."

Stefan Herzog, spokesman for the SportScheck Board, is looking forward to the new option for making payments on account: "We are striving to offer our customers the best possible service across all channels. The introduction of the Yapital QR code on our invoices makes shopping even easier. Moreover, we are strengthening SportScheck's pioneering role as Germany's leading multi-channel sports retailer."

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 by invoice. Operation is simple, 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 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.

Contact:
Martin Zander
Yapital Financial AG
Tel: +352 203 10 111
Email: press@yapital.com

About SportScheck

SportScheck is the leading multi-channel sports retailer in Germany. The company, based in Munich, offers its goods on the internet, in its mobile shop, in its catalogue and in 17 branches SportScheck was founded in 1946 and has belonged to the Otto Group since 1991; it employs around 1,600 people. In the business year 2012/13, it achieved gross turnover of €394 million. Stefan Herzog, spokesman and member of the Board, says of the company's philosophy: "We are sports enthusiasts and inspire people to do sport. As a sports specialist, we are passionate about organising city runs, outdoor and winter events and inspiring our customers to take up new sports."

Contact:
Marion Siegle             
SportScheck GmbH
Tel:  +49 (0)89 6654 1850    
Email: marion.siegle@sportscheck.com