ViVOtech, the expert in near field communication (NFC) and contactless payment systems, and Tailwind, the supplier of strategic marketing in the payments industry, have signed an agreement to develop and deploy joint solutions that will enable retailers to meet the demand for contactless payment systems. Tailwind and ViVOtech will integrate contactless payment readers into existing Chip and PIN devices using Tailwind’s patented “POS Paddle” universal Pin Pad mounting solution and ViVOtech’s best-selling ViVOpay line of contactless payment readers.
“Retailers want to adopt contactless technology, but they also want to make sure they can leverage their investment in Chip and PIN devices, and give their customers an ergonomic and intuitive point of interaction,” says Garry Knox, founding director of Tailwind. “Our partnership with ViVOtech allows us to provide retailers with the best contactless payment modules directly integrated with their existing systems in one single package.”
“Contactless adoption by retailers is growing worldwide. That demand comes not only from the desire to accept easy and convenient contactless cards, but also from the desire to be ready for the upcoming NFC mobile payment revolution,” says Mohammad Khan, president and founder, ViVOtech. “ViVOpay readers will enable existing Chip and PIN devices to accept not only contactless and NFC mobile payments, but also to offer advanced merchant loyalty programs such as mobile promotions, vouchers and rewards.” *
Source: Business Wire
