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PR Newswire
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Ready for Take-Off: Airline TAP Portugal to Offer Yapital as a Mobile Payment Method

LUXEMBOURG, April 8, 2015 /PRNewswire/ --

Leading Portuguese airline TAP to enable paying by smartphone on its online booking systems in Germany, Luxembourg and Austria

Award-winning airline TAP Portugal and Yapital, Europe's first cross-channel mobile payment solution, have signed a cooperation to offer mobile payment to TAP's customers from the third quarter of 2015 onwards.

Travellers booking their tickets from the TAP homepages in Germany, Luxembourg and Austria will soon be able to pay by smartphone: By simply scanning a QR code with the PIN-secured Yapital smartphone app and clicking on "confirm" - that's it. All ticket purchases are listed straight away in a transaction overview inside the Yapital app.

Carlos Paneiro, TAP's Vice President Commercial, comments: "TAP offers the best possible service whether it is on the ground, in the air or online: on our web platforms our passengers can now book their flights and pay securely with Yapital, all in a few clicks. Integrating Yapital underlines the importance of mobile features and allows us to offer our travellers convenient, secure and easy-to-use mobile payment."

Neil Scoble, Head of International Sales at Yapital, comments: "Yapital is very pleased to be able to offer our cross-channel payment solution to TAP: a world-class, award-wining airline, known for embracing new technologies to enhance their travellers' experience." He adds that in Luxembourg, where Yapital is headquartered, TAP has a special position, since 16% of the country's population is of Portuguese descent. "This cooperation not only strengthens our position locally in Luxembourg - offering Yapital to the many TAP customers travelling to and from Portugal - it also shows that the airline industry in Western Europe is opening up to mobile payment."

Press releaseissuedby

Yapital Financial AG
5 Rue Eugene 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 via 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

About TAP Portugal

TAP Portugal is the leading Portuguese airline, in operation since 1945. As a member of Star Alliance, the largest global airline alliance, TAP has offered its customers worldwide reach since 2005. Its hub in Lisbon is a key European gateway at the crossroads between Africa and North and South America, where TAP stands out as the international leading carrier with service to Brazil. The company's network comprises 84 destinations in 34 countries worldwide. TAP currently operates over 2,250 weekly flights with a modern fleet of 61 Airbus aircraft, and some 16 smaller aircraft operated under PGA, TAP's regional carrier, thus totalling a 77-aircraft fleet. TAP continuously strives to deliver safe, reliable and high-quality products and services tailored to meet customer expectations. Retaining the Portuguese character of the brand, high-quality service has been the main driver of the TAP strategy. Recognised and awarded by the World Travel Awards in 2012 as the World's Leading Airline to Africa and South America, TAP was also honoured by UNESCO and the International Union of Geological Sciences with the IYPE "Planet Earth Award 2010" in the "Most Innovative Sustainable Product" category, in recognition of the achievements of TAP's Carbon Offset Program, the first one launched worldwide in partnership with IATA.

More information on TAP Portugal:

Homepage: http://www.flytap.com
Twitter: https://twitter.com/taportugal
Facebook: https://www.facebook.com/TAPPortugal

Contact
Media and Public Relations Office
TAP Portugal
Tel.: +351-218-416-017
Email: gcrp@tap.pt

Please find the press release onlinehere.

© 2015 PR Newswire
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