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Rakuten enters strategic alliance with Yapital

Posted by Robert Dowling on May 18, 2013 at 4:40 PM


E-commerce platform Rakuten has entered a strategic alliance with Yapital, a cross-channel payment solution.

As a result, Rakuten will expand its payment portfolio to include a cashless, cross-channel payment method and will enable its customers to pay with Yapital.


The two companies have revealed plans to maintain a close collaboration in many areas, which will be developed further over the coming months.


Rakuten is a German provider of online shop solutions with integrated marketplace and offers a range of products including payment processing, customer communication during the ordering process, continuous updating of the terms and conditions and the assumption of risk for payment defaults.


Yapital is a European cashless cross-channel payment solution 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.

Categories: News

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