ViVOtech Launches ViVOpay 8100 - A Cost-Effective PCI 2.1-Certified PIN Pad, Mobile Loyalty, Mag-Stripe & NFC Payment Device for Small and Medium-Sized Merchants
ViVOpay 8100 Enables ISOs and Acquirers to Offer Merchants a Highly Secure Payment Solution as Well as New Revenue Generation with Highly Effective Mobile Loyalty and Coupon Applications Using Existing Phones
LAS VEGAS--(BUSINESS WIRE)--Electronic Transactions Association Show (ETA) ViVOtech Booth #424 — Silicon Valley-based ViVOtech, the leader in Near Field Communication (NFC) mobile payments, loyalty and marketing applications and contactless readers, today announced the launch of its new PCI 2.1-certified, ViVOpay 8100 next-generation customer-facing device enabled with contactless NFC payment and promotion technology for small and medium-size merchants. The new device, to be distributed by ISOs and acquirers, was unveiled during the opening of the Electronic Transactions Association (ETA) show in Las Vegas. The ViVOpay 8100 enables small and medium-size merchants to accept mag-stripe, contactless and NFC mobile payments, as well as deliver personalized mobile loyalty and marketing programs to their customers.“The widespread use of mobile smart phones and contactless NFC technologies by consumers is changing how they expect to shop and pay”
“The widespread use of mobile smart phones and contactless NFC technologies by consumers is changing how they expect to shop and pay,” said Mohammad Khan, president and founder of ViVOtech. “The ViVOpay 8100 device, powered by ViVOtech mLoyalty server software, allows ISOs and Acquirers to generate new revenue streams by enabling merchants to offer real-time and highly effective loyalty and personalized coupons to their customers using their existing phones.”
The ViVOpay 8100 is the first platform to provide small and medium-sized merchants with the advanced functionality needed to leverage from the mobile phenomenon. With the ViVOpay 8100, consumers can simply tap their mobile phone to electronically redeem a coupon or discount voucher, swipe or tap to make a payment or enter their PIN for debit payments to complete a transaction. ViVOtech’s mLoyalty software allows ISOs and acquirers to offer merchants the ability to deliver personalized coupons and offers to their customers’ existing mobile phones, driving more traffic to their stores and creating up-sell opportunities.
All ViVOpay 8000 series products are PCI 2.1 certified for highly secured PIN entry of debit card transactions using an ADA-compliant keypad and optional signature capture for other payment card transactions. Equipped with a powerful 32-bit ARM9 processor, Linux operating system, integrated contactless NFC and mag-stripe readers and high-capacity memory, the new devices allow merchants to future-proof their investment for the next generation of customer-facing devices that will grow over time, driven by an increasingly mobile smart phone consumer base.
The ViVOpay 8100 interfaces with the most popular POS and ECR systems used by merchants today, adding powerful new capabilities including:
- PCI 2.1 Certification: Highly secure PIN pad provides protection from obsolescence beyond 2014.
- Integrated Mobile Payments and Promotions Module: Built-in support for NFC mobile payments, marketing and loyalty programs.
- Support for Multiple Transactions: Enables both PIN and signature-based credit and debit transactions using mag-stripe, contactless ISO 14443, MiFare and NFC.
- Remote Download: Post-deployment firmware updates, via remote download, eliminate the need for additional hardware or device resetting.
- ADA-compliant keypad: Compliant with standards for the visually disabled, the recessed keyboard provides maximum privacy.
ViVOtech will demonstrate its new ViVOpay 8100 device and its ViVOapps mLoyalty software for multi-merchant loyalty and near and in-store mobile promotions and marketing applications at booth #424 throughout the ETA show in Las Vegas, April 13–15, 2010.
About ViVOtech
ViVOtech (www.vivotech.com) is the leading end-to-end enabler of next-generation mobile payments, loyalty and marketing solutions. ViVOtech provides Near Field Communication (NFC) mobile payment solutions, mobile marketing and loyalty applications software, Over-The-Air (OTA) provisioning infrastructure software, NFC smart posters and contactless terminals. ViVOtech’s products are used by most prominent retailers all over the globe; the company has shipped over 660,000 contactless and NFC payment terminals to more than 35 countries. In 2009, ViVOtech received the prestigious Frost and Sullivan North American Smart Cards Product Line Strategy of the Year Award. ViVOtech’s investors include Citi, First Data Corporation, Motorola Ventures, NCR and Nokia Growth Partners. In 2010, ViVOtech won 2010 Mobility Award for its NFC mobile ViVOwallet software.
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