Welcome!

Websphere Authors: Trevor Parsons, Pat Romanski, Elizabeth White, Yeshim Deniz, Carmen Gonzalez

News Feed Item

Yapital and POSPartner Deliver BLE Beacons Which Solves Dead Spot Problems Encountered With Mobile Payments

LUXEMBOURG, February 13, 2014 /PRNewswire/ --

The first market-ready European mobile payment system with BLE / Showcased at Euroshop/ To be at the first retailer in the first half of 2014

"Everywhere Payment" that lives up to its name: Yapital is the first payment system in Europe to integrate BLE technology into its service portfolio, meaning that it can also be used offline. The communication with the point of sale in order to fulfill the payment is "powered by POSCard", a development of leading POS and EFT specialists POSPartner, a strategic partner of Yapital. Thanks to Bluetooth Low Energy (BLE), which creates a wireless connection between the smartphone and the point of sale, customers can make payments easily using their Yapital app even in places where there is no mobile network coverage - for example in shops located in basements or in some shopping centres. It is being demonstrated for the first time at the Euroshop trade fair in Düsseldorf from 16 - 20 February - and is about to be rolled out in retail stores.

BLE is set to become the new standard for near-field communication: the technology saves energy and, compared to NFC, enables data to be exchanged over a greater distance and in both directions. However, up to now, no payment provider in Europe has taken advantage of these benefits. Yapital is now starting along this road, employing this technology to enable its innovative cross-channel payment system to be used via smartphone in retail stores even without an Internet connection. Providing support for Yapital in its innovative use of this technology is POSPartner, a company that, like Yapital, has taken on a pioneering role when it comes to translating new technologies into customer benefits.

"With BLE technology soon to be integrated into our Yapital app, we are indisputable innovators in the payment market," says Nils Winkler, Chairman of the Board at Yapital. "Yapital is taking very seriously the claim of offering a true 'Everywhere Payment' system that works in all situations. This means that users will be able to pay just as easily and intuitively with Yapital when they are in a dead spot as they can with perfect network coverage," explains Winkler. "It was important for us that this should be easy to deploy for all our partners and that, for users, it operates in the same way as they are used to."  

Peter Reich, CEO of POSPartner, adds: "It is now rapidly becoming clear that BLE is the future of near-field communication - especially in the payment market. Here, this technology will soon make an important contribution to the growing acceptance of mobile payment methods." The course is now set for this and according to Reich: "In conjunction with Yapital, we are giving retailers the opportunity to offer their customers an improved shopping experience even without network coverage and at the same time to reduce waiting times at the checkout. We expect a very good response because the huge potential is matched by the ease of integration into the POS system with POSCard."


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 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.

More information on 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
Email: press@yapital.com

See Yapital in action live at the Euroshop trade fair in Düsseldorf (16-20 February 2014), Hall 6, Stand E649.

About POSPartner Gesellschaft für Kassensysteme mbH:

POSPartner Gesellschaft für Kassensysteme mbH, based in Königswinter, has been established on the market since 1993. The owner-operated company has gained a reputation in various retail sectors and sales outlets with its innovative POS systems.

In addition to software products developed in-house, such as the card platform POSCard, POSPartner also acts as a sales partner/distributor for Toshiba Global Commerce TGCS (formerly IBM-RSS), RetailPro LLC (Folsom / USA), EDJ (Raleigh NC / USA) and for manufacturers of payment terminals. This enables them to offer retailers from different sectors a wide range of the latest state-of-the-art solutions at the point of sale and in their outlets which guarantee the high security of investment and productivity demanded today.

At the same time, POSPartner supports users with an extensive package of services targeted towards the typical requirements of retailers. In addition to the stages of consulting, planning, programming and rollout of hardware and software, clients are also supported after rollout with training, ongoing project support and by an effective end-user hotline.

The company's customers include well-known German and international retailers.

Contact
Peter Reich
POSPartner Gesellschaft für Kassensysteme mbH
Tel.: +49-2244 /8801-10
Email: Peter.Reich@POSPartner.de


SOURCE Yapital Financial AG

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what the future may hold. Mike Kavis is Vice President & Principal Cloud Architect at Cloud Technology Pa...
The Internet of Things (IoT) is rapidly in the process of breaking from its heretofore relatively obscure enterprise applications (such as plant floor control and supply chain management) and going mainstream into the consumer space. More and more creative folks are interconnecting everyday products such as household items, mobile devices, appliances and cars, and unleashing new and imaginative scenarios. We are seeing a lot of excitement around applications in home automation, personal fitness, and in-car entertainment and this excitement will bleed into other areas. On the commercial side, m...
Dale Kim is the Director of Industry Solutions at MapR. His background includes a variety of technical and management roles at information technology companies. While his experience includes work with relational databases, much of his career pertains to non-relational data in the areas of search, content management, and NoSQL, and includes senior roles in technical marketing, sales engineering, and support engineering. Dale holds an MBA from Santa Clara University, and a BA in Computer Science from the University of California, Berkeley.
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, data security and privacy.
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Performance is the intersection of power, agility, control, and choice. If you value performance, and more specifically consistent performance, you need to look beyond simple virtualized compute. Many factors need to be considered to create a truly performant environment. In his General Session at 15th Cloud Expo, Harold Hannon, Sr. Software Architect at SoftLayer, discussed how to take advantage of a multitude of compute options and platform features to make cloud the cornerstone of your online presence.
SYS-CON Media announced that Splunk, a provider of the leading software platform for real-time Operational Intelligence, has launched an ad campaign on Big Data Journal. Splunk software and cloud services enable organizations to search, monitor, analyze and visualize machine-generated big data coming from websites, applications, servers, networks, sensors and mobile devices. The ads focus on delivering ROI - how improved uptime delivered $6M in annual ROI, improving customer operations by mining large volumes of unstructured data, and how data tracking delivers uptime when it matters most.
In this Women in Technology Power Panel at 15th Cloud Expo, moderated by Anne Plese, Senior Consultant, Cloud Product Marketing at Verizon Enterprise, Esmeralda Swartz, CMO at MetraTech; Evelyn de Souza, Data Privacy and Compliance Strategy Leader at Cisco Systems; Seema Jethani, Director of Product Management at Basho Technologies; Victoria Livschitz, CEO of Qubell Inc.; Anne Hungate, Senior Director of Software Quality at DIRECTV, discussed what path they took to find their spot within the technology industry and how do they see opportunities for other women in their area of expertise.
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential.
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective storage designed to handle the massive surge in back-end data in a world where timely analytics is e...
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges. In his session at @ThingsExpo, Jeff Kaplan, Managing Director of THINKstrategies, will examine why IT must finally fulfill its role in support of its SBUs or face a new round of...
The BPM world is going through some evolution or changes where traditional business process management solutions really have nowhere to go in terms of development of the road map. In this demo at 15th Cloud Expo, Kyle Hansen, Director of Professional Services at AgilePoint, shows AgilePoint’s unique approach to dealing with this market circumstance by developing a rapid application composition or development framework.

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's platform-as-a-service. The new platform enables developers to build ap...

Advanced Persistent Threats (APTs) are increasing at an unprecedented rate. The threat landscape of today is drastically different than just a few years ago. Attacks are much more organized and sophisticated. They are harder to detect and even harder to anticipate. In the foreseeable future it's going to get a whole lot harder. Everything you know today will change. Keeping up with this changing landscape is already a daunting task. Your organization needs to use the latest tools, methods and expertise to guard against those threats. But will that be enough? In the foreseeable future attacks w...
Building low-cost wearable devices can enhance the quality of our lives. In his session at Internet of @ThingsExpo, Sai Yamanoor, Embedded Software Engineer at Altschool, provided an example of putting together a small keychain within a $50 budget that educates the user about the air quality in their surroundings. He also provided examples such as building a wearable device that provides transit or recreational information. He then reviewed the resources available to build wearable devices at home including open source hardware, the raw materials required and the options available to power s...