Rubean AG implements major project for a leading postal service provider on the Iberian Peninsula

München, 24. Juli 2023. The FinTech company Rubean AG, (Symbol: R1B:ETR, ISIN: DE0005120802, WKN: 512080), Munich, in strategic partnership with NTT DATA Spain S.L.U., has been commissioned with a major project of a leading postal service provider. The postal service provider will use Rubean's GetPAYD software for cash on delivery payments in the future, replacing a previous product. Rubean has thus received a second major order in Spain within a short period of time. At the beginning of June this year, a three-year contract worth 1.5 million euros was signed with the major Spanish bank Banco Bilbao Vizcaya Argentaria (symbol BBVA:BM), Madrid.

The delivery driver distributes tens of thousands of COD items every day. With Rubean's GetPAYD solution, he can conveniently and quickly accept card payments on the device on which the recipient confirms receipt of the goods. This means that in the future, parcel recipients will also be able to pay by card instead of just cash.

NTT-Data Spain S.L.U. is a subsidiary of NTT Data Corp (ISIN: JP3165700000, WKN 8950009, symbol NT5). NTT Data is a company of the 'Nippon Telegraph and Telephone' group specialized in IT services and headquartered in Tokyo, Japan.

"This further major order in Spain is an important milestone in Rubean's history as well as for the further development of sales and business," said Dr. Hermann Geupel, member of Rubean's management board. "Together with our customers and partners, such as BBVA and NTT Data, we are now building a sustainable business success in Spain."

The GetPAYD solution is based on Rubean's purely software-based card acceptance solution (softPOS) and has a unique selling point in Spain, as Rubean is the only softPOS provider connected to the national payment gateway Redsys. Rubean's softPOS solution transforms Android-powered mobile devices into fully functional contactless payment terminals. Rubean is one of the leading providers in this field throughout Europe.

About Rubean:

Rubean AG is a leading provider of pure software point-of-sale solutions for banks, acquirers and merchants. Over its long history, Rubean has developed innovative software for the payments, finance and banking industries. This includes the mobile POS solution Phone-POS, which enables merchants to receive card payments directly on their smart phones without the need for another device. This solution is now being used by payment service providers, major banks, retailers and smaller merchants across Europe, now that the pilot phase for the product launch has largely been completed. In addition to its headquarters in Munich, Rubean has several locations in Germany and Europe. Rubean is listed on m:access as well as on most over-the-counter markets and XETRA.