How they describe themselves: Cash Payment Solutions built the largest private retail banking branch network with more than 3,400 POS and more than 70,000 cashiers through partnerships with 5 of the largest German retail chains (dm, Metro Group real, Deutsche Telekom, mobilcom-debitel, Budni) accepting payments for CPS.
Cash Payment Solutions replaces traditional banking branches by enabling consumers to do the most basic banking service (cash-in/cash-out) at local stores nearby with better availability (e.g. flexible opening hours on Sundays) and conveniently combined with shopping.
550 companies are successfully using CPS payment infrastructure to accept payments from different verticals like E-commerce, online gaming, utilities, and payment collection companies.
How they describe their product/innovation: Cash Payment Solutions is showing new use cases outside existing verticals for mobile banking, insurance, and local authorities.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B)
Bus. Dev.: Sebastian Seifert, MD, firstname.lastname@example.org
Press: Susanne Krehl, Head of PR, email@example.com
Sales: Investors: Sebastian Seifert, MD, firstname.lastname@example.org
E-Commerce & Online Gaming: Lars Hofmann, Head of Online Sales, email@example.com
Utilities: Frank Weinmann, Head of Utilities, firstname.lastname@example.org