Micros, an international provider of checkout systems, is integrating Yapital Financial AG's cross-channel payment technology into its Micros POS systems.

Retailers and service providers worldwide who use the Micros POS systems will have access to Yapital's in-store, mobile, online and by invoice payment options and can offer these services to their customers. Yapital cross-channel-payment technology already has been integrated into the Micros retail platform, connecting with the more than 100,000 Micros POS systems installed within the in-store retail channels.

Yapital users can scan a QR code displayed on the point of sale system using a smartphone app, sending funds to businesses in real time, according to a March 13 release.

"Innovative payment systems which go beyond cash and credit cards will become increasingly significant in retail," says Thilo Freund, managing director of Micros Retail Deutschland GmbH in Berlin, in the release. Yapital is based in Luxembourg.

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