PEACHES AG
PEACHES AG: Peaches Group signs PayPal retailer contrac
PEACHES AG / Key word(s): Alliance/Product Launch
prelado and PayPal form a symbiosis between mobile commerce and mobile payment
PEACHES Mobile GmbH has signed a retailer contract with PayPal Deutschland GmbH for its prelado brand. Work is now in full swing on integration with prelado’s online pay landscape, and the final results are due to go live in mid-June 2013. prelado enables prepaid mobile phone users to view their credit levels and use an app, the mobile web or conventional internet for real-time, online top-ups with over 20 German mobile phone providers. Since November 2012, this service for quickly and conveniently buying credit for prepaid mobile phones has been available as part of a new Peaches Group venture in Germany. Using PayPal, users can buy credit with a single click of a button without the need to transfer sensitive account or credit card information. The new pay function is available via app, the mobile web and conventional internet, and its one-click function is a feature of the iOS and Android apps alike. ‘We are delighted that prelado and PayPal are working together to offer the perfect symbiosis between mobile commerce and mobile payment. PayPal is one of the world’s most popular online pay solutions, and is the ideal complement to our portfolio of online payment options,’ says Reinhold M. Sigler, Managing Director of Peaches Group (PEACHES Mobile GmbH, PEACHES Systems GmbH, REA MOBILE GmbH). Andreas Schulz, SVP Sales & Payments of Peaches Group, adds, ‘The German go-live of PayPal is planned for mid-June. We aim to expand our joint operations, and Peaches Group will shortly launch this service for its users elsewhere in the European Union and in the USA.’ Peaches Group is a provider of top-up services for prepaid (pay-as-you-go) mobile phone solutions. The Wiesbaden-based company’s prelado – prepaid anytime & anywhere brand allows users to top up their prepaid mobile phones in real time via an app, the mobile web and conventional internet. They can also use a free app (Android & iOS) to view their credit levels, regardless of their particular operator. prelado currently supports over 20 mobile phone providers in Germany. Peaches Group: The core competencies of the Peaches Group can be divided into two different segments: Payments & Prepaid Services. The group has real-world experience in the field of mobile payments and positions itself as a mobile payment acquirer featuring an in-house mobile payment platform. Peaches also acts as a reseller (PSP, payment service provider) for the mpass mobile payment service of Telekom, Vodafone and O2. The Peaches Group also provides prepaid top-up services. The Wiesbaden-based group of companies also runs an in-house prepaid service platform under the prelado prepaid anytime & anywhere brand, which offers users a real-time mobile telephone top-up service that can be accessed via app, the mobile web, and the internet. A free, provider-neutral prepaid current balance display is also available via an app (Android & iOS). This prepaid service is available from PEACHES Mobile GmbH as a white label solution for interested partners. The full-service offering, including airtime, payment processing, and a payment guarantee, is run wholly in the partner’s CI/CD. The Peaches Group includes PEACHES Systems GmbH, PEACHES Mobile GmbH and REA MOBILE GmbH, which are subsidiaries of PEACHES AG. End of Corporate News 04.06.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
214757 04.06.2013 |
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