UMT AG launches LOYAL - Innovative and cross-provider Loyalty-App available for download from 19 August 2019
Munich, 13 August 2019
Corporate News UMT AG launches LOYAL - Innovative and cross-provider Loyalty-App available for download from 19 August 2019 UMT United Mobility Technology AG ("UMT") is launching its revolutionary Loyalty-App: LOYAL will be available for download from the Apple App Store and Google Play Store for iOS and Android operating systems from 19 August 2019.
With the LOYAL-Meta-App, UMT opens a new chapter in the company's history. In the future, the LOYAL-App will offer its users more overview, freedom, flexibility and more discounts, rewards or cash back when selecting their favorite voucher and incentive programs ("loyalty"). And all this in connection with mobile payment at the checkout, by credit card or with crypto currencies.
For LOYAL users, tedious searching for the best deals, offers and matching coupons is a thing of the past, because LOYAL knows which merchants and shops grant special discounts with certain payment providers and which means of payment offer advantages when shopping. No matter what LOYAL users are interested in when shopping, the latest fashion trends, the latest chart hits or the best hotels, they will be rewarded immediately. LOYAL users can collect loyalty points for attractive rewards and airline miles for their next holiday or take advantage of cashback offers from other providers. The completely customizable LOYAL user interface ensures that the cheapest offer or coupon is always available for the next holiday, music or shopping experience.
Who knows that your favourite sports house offers a 20% discount just because you use a certain credit card? Or that one of the biggest online mail order companies pays back EUR 10 if you choose a certain digital payment method at checkout? And that a holiday at one of the largest travel portals is 3% cheaper if you have an account with a certain financial institution?
LOYAL offers a central App for all situations by intelligently linking existing payment solutions such as Apple Pay, Google Pay and Alipay as well as payments by credit card or crypto currencies. This provides even more flexibility at the checkout and on the Internet - simply, quickly and securely. And this is because the development of the App places the highest demands on security standards and data protection.
Dr. Juergen Schulz, CTO of UMT, explains: "LOYAL is the revolutionary savings-search-engine that starts with payment - across all providers. LOYAL tirelessly finds the most attractive shopping advantages for its users: special offers, discounts, savings tips, bonus programs, vouchers, deals and cashbacks. LOYAL therefore knows which merchants and shops advertise with special bargains and which of the deposited means of payment therefore offer LOYAL users direct advantages when shopping. And the LOYAL-App already displays the offers to the user - clearly sorted according to personal preferences and interests. And that works both in the shop and online. LOYAL has the overview and so does the user".
With LOYAL, UMT is consistently pursuing its strategy of digitally interlocking cashless payments, loyalty programs and current deals - beyond pure mobile payment.
"In the future, we will benefit not only from our installed and market-proven technology on the merchant side, but also on the other side of the POS system: from the user of our LOYAL-App. LOYAL thus puts our business model on a broader basis and paves the way for further growth," says Dr. Albert Wahl, CEO of UMT AG.
Learn more about LOYAL here or directly on our LOYAL website at loyalapp.de.
About UMT AG: UMT United Mobility Technology AG is a FinTech company specialising in the development and implementation of customised mobile payment and blockchain solutions, particularly for major customers such as PAYBACK (American Express Group). As a white label technology provider, the company operates one of the largest mobile payment platforms in Europe. UMT acts as a central interface between all relevant parties such as large retail chains, banks, bonus programme providers and end consumers. UMT's technology is in live operation at around 16,000 branches and 71,000 checkouts. In Germany alone, over 14 million users can use UMT's mobile payment technology. In addition, UMT offers its customers services in the area of customer loyalty programs and smart data along the entire value chain. With the innovative LOYAL-App, UMT offers its users an efficient way to use loyalty programs and a modern mobile payment solution.
UMT United Mobility Technology AG Investor Relations Irmi Aigner Brienner Strasse 7 D-80333 Munich Tel: +49 89 20500-680 Fax: +49 89 20500-555 E-Mail: firstname.lastname@example.org www.umt.ag
13.08.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: UMT United Mobility Technology AG Brienner Straße 7 80333 München
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