With Yapital, REWE customers will be able to pay with their smartphones, by scanning a QR-code with their Yapital app at the stores checkouts to complete payment.
The roll-out of Yapital across REWE food retail stores and to consumer markets is set to start in November 2013.
Yapital is an European cashless cross-channel payment service across all channels including stationary, mobile and online as well as via invoice. Yapital was founded in 2011 as a wholly-owned subsidiary of the Otto-Group. Yapital is licensed as an electronic money institution in Luxembourg.
In recent news, German provider of hotel software HotelNetSolutions has inked an agreement with Yapital.
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