
GRAVIS has entered a partnership with electronic money institution Yapital. The agreement will see the German retailer upgrade its payment processes and integrate Yapital into its system this year.
As a result, payments can be made simply by scanning Yapital’s QR code and clicking a ‘confirm’ button. The new cross-channel payment solution is set to be implemented in 34 GRAVIS stores throughout Germany, as well as in the online shop.
Thus, GRAVIS customers, whether online or in-store, are set to be able to pay for their digital devices using a digital device, contactlessly, by scanning a QR code using the Yapital App. Additionally, for customers shopping at GRAVIS online, there is the possibility to complete a payment by entering their Yapital username and password.
“Yapital is not only an innovative payment method for all channels, it also offers tailor-made solutions for all consumer sectors. This is something we are proving with each new collaboration,” explains Nils Winkler, Yapital’s Chairman of the Board. “This particular collaboration is quite special however, in that I see GRAVIS and Yapital as being a perfect match. At Yapital we use the latest technologies to drive new payments methods which work intuitively, and are fun. Similarly, GRAVIS offers the latest technology , with a convenient and cutting-edge customer experience.”
Jochen Otterbach, Managing Director of GRAVIS, adds: “GRAVIS has been synonymous with digital lifestyle for 25 years, offering inspiration with high-end products, and combining fun with technology and design. We are constantly working on optimising the shopping experience for our customers. With Yapital, the checkout process is now perfect: it is intuitive, elegant and technically very avant-garde.”
Whitepapers
Related reading
Travel industry must keep up with consumers’ payments demands
Payments providers must keep up with the fast-paced change of consumer demands in the travel sector, according to Kevin White, Mastercard’s director ... read more
Nissan joins in-car payments race
Payments services providers and fintechs have unleashed a flurry of collaborative innovations over the course of the past decade in order to ... read more
Ripple courting banks, paytech and big fintech to beat Swift to emerging markets
Midway into 2019, Ripple is broadening its clientbase in order to boost growth and capture emerging market volumes, according to Marcus Treacher, ... read more
5 ways blockchain can change the cross-border payments landscape
Cross-border payments is a changing sector of the industry, driven by customers demanding little to no friction and encountering multiple steps, intermediaries ... read more