Put companies on watchlist
Rubean AG
ISIN: DE0005120802
WKN: 512080
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Rubean AG · ISIN: DE0005120802 · EQS - Company News (59 News)
Country: Germany · Primary market: Germany · EQS NID: 1500883
29 November 2022 03:11PM

Rubean AG: German Sparkassen S-POS App of the Sparkassen Finance Group with Signi-ficantly Enhanced Functionality


EQS-News: Rubean AG / Key word(s): Market Launch/Development of Sales
Rubean AG: German Sparkassen S-POS App of the Sparkassen Finance Group with Signi-ficantly Enhanced Functionality

29.11.2022 / 15:11 CET/CEST
The issuer is solely responsible for the content of this announcement.


Rubean AG: German Sparkassen S-POS App of the Sparkassen Finance Group with Significantly Enhanced Functionality  

  • Rubean enables Girocard payment acceptance for amounts over 50 euros without PIN entry
  • Smaller merchants and service providers in particular benefit from the advantages
  • The pioneering implementation has already received pilot approval from the German banking industry
  • Volume market for Rubean opened

 Munich, November 29, 2022. With technology from Rubean AG (ISIN: DE0005120802, WKN: 512080, R1B:GR), the German Sparkassen-Finanzgruppe has significantly expanded the functionality of its "S-POS" app: merchants and service providers can now accept Girocard payments of any amount with PIN entry on their smartphones without the need for additional acceptance hardware. This enables the Sparkassen-Finanzgruppe to take a giant step towards further opening up the payment market, which the Gi-rocard clearly dominates in this country with a market share of over 65%. The payment function of the S-POS app was developed by Rubean in partnership with the CCV Group, Arnhem/Netherlands, and enables contactless acceptance both via classic plastic cards and via digital cards in payment apps such as "Mobile Pay" or "Apple Pay". Payments can also be made using the Maestro, Mastercard, V PAY and Visa card systems.

Rubean is currently the only SoftPOS provider approved to accept payments via Girocard. The company, which is entering a high-growth volume market with this step, will further expand its market lead in partnership with the Sparkassen.

"Payment transactions are in a state of upheaval," says Rubean CEO Dr. Hermann Geupel, emphasizing, "Particularly in the wake of the Corona pandemic, many discounters and retailers will be pushing cashless payments for hygiene reasons, but also for security reasons." Since last year, smaller market participants - such as weekly market vendors, craftsmen, fruit or flower field operators, cab companies, kiosks, associations, farm shop owners, etc. - have also been able to offer convenient and inexpensive cashless payment to their customers without cash register systems or terminal infrastructure.

"The digital terminal will change the way we do business," Geupel continued. "The mobile app runs on Android smartphones and selected tablets and allows card payments to be accepted anywhere, at a street stall, on-site at the customer's home after a plumbing repair, or when goods are delivered to the front door. The ability to make uncomplicated payments immediately saves time for everyone involved and could even create new business models. The possibility of carrying out payment transactions directly at the end of a sales talk in a department store is also generating demand from large retailers in the electronics and cosmetics industries."

About Rubean: Rubean AG, headquartered in Munich, Germany, is a leading provider of pure soft-ware point-of-sale solutions for banks, acquirers, merchants and service providers. Since its nearly twentieth anniversary, Rubean has developed innovative solutions for the payments, finance and banking industries. This includes the PhonePOS mobile point-of-sale terminal solution. Rubean is listed in the m:access and gettex market segments of the Munich Stock Exchange as well as in the over-the-counter markets in Frankfurt, Berlin and Düsseldorf and on Tradegate and Quotrix.

About CCV: CCV is an international payment service provider that makes cashless payments easy and accessible for both large and small businesses. Its offerings range from beque-me online payments to high-performance solutions for brick-and-mortar and unattended retail. As a pioneer in digital payments and with over 60 years of experience, CCV develops individual, customized payment solutions for its more than 150,000 customers worldwide. Our success is based on innovation in combination with a long-term cooperation with our partners and customers. www.ccv.eu

If you have any questions, please contact:

Anna Sammer                                                  german communications AG

Rubean AG                                                      Jörg Bretschneider

Kistlerhofstr. 168, D-81379 München              Milchstraße 6 B, D-20148 Hamburg

+49 89 357560                                                +49 40/46 88 33 0, Fax +49 40/46 88 33 40

anna.sammer@rubean.com                           presse@german-communications.com



29.11.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Rubean AG
Kistlerhofstr. 168
81379 München
Germany
Phone: 089-357560
Fax: 089-35756111
E-mail: info@rubean.com
Internet: www.rubean.com
ISIN: DE0005120802
WKN: 512080
Listed: Regulated Unofficial Market in Munich
EQS News ID: 1500883

 
End of News EQS News Service

1500883  29.11.2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1500883&application_name=news&site_id=boersengefluester_html
Visual performance / price development - Rubean AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.