Wednesday, December 8, 2010

ViVOtech Launches World's First Customer-Facing Payment Acceptance and Promotion Device to Support Global Expansion of Contactless, NFC Mobile Payments



CARTES & IDentification 2010

PARIS--(BUSINESS WIRE)--CARTES SHOW, ViVOtech Booth 4 N 036 — Silicon Valley-based ViVOtech, the leader in Near Field Communication (NFC) software and contactless NFC payment systems, today announced the global launch of its new breed of customer-facing payment acceptance devices, the ViVOpay 8800e for merchants. Featuring EMV chip, PCI 2.1 certification and built-in contactless NFC technology, the new fully featured ViVOpay 8800e device is equipped with a 16 million color HD display and tactile keypad enabling merchants around the world to accept EMV smart cards, contactless and magnetic-stripe cards, and handset-based NFC mobile payments. The same system also allows merchants to deliver personalized NFC mobile loyalty and marketing programs to their customers’ mobile devices.


“The ViVOpay 8000 series products integrate with both contactless NFC and EMV technologies, along with ViVOtech mobile loyalty and coupon software, providing merchants with long-term protection on their investments while enabling them to offer a high-value and interactive shopping experience for their customers.”

As the newest member of the ViVOpay 8000 series, the ViVOpay 8800e goes beyond the standard functionality of even the most advanced payment device by featuring built-in contactless NFC mobile acceptance support, versatile ViVOcommTM protocol and intelligent mobile loyalty software that enables merchants to offer mobile coupons, offers and loyalty programs to their customers that can drive more store traffic and create up-sell opportunities while customers are in store.

Using the convenient and powerful ViVOpay 8000 products, customers can redeem mobile coupons and promotions electronically with contactless or mag-stripe cards, contactless sticker-attached to existing phones or NFC-enabled mobile phones. As a result, customers enjoy a high-value shopping and payment experience with personalized and location-based services and offers delivered to them while they are shopping in merchant stores.

“With tens of millions of NFC mobile phones about to hit the market in 2011 and EMV continuing to gain traction in the U.S., merchants have to be ready for the surge with the right technology,” said Mohammad Khan, president and founder of ViVOtech. “The ViVOpay 8000 series products integrate with both contactless NFC and EMV technologies, along with ViVOtech mobile loyalty and coupon software, providing merchants with long-term protection on their investments while enabling them to offer a high-value and interactive shopping experience for their customers.”

Equipped with a powerful ARM9 processor, Linux operating system, integrated contactless NFC reader, magnetic-stripe reader 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 a highly mobile consumer base. ViVOpay 8000e products are EMV Chip card certified, PCI 2.1 certified for highly secured PIN entry of debit card transactions using an ADA-compliant keypad, and provide optional support for signature capture and end-to-end encryption for a wide variety of payment card transactions.

The ViVOpay 8000 products interface with the most popular POS and ECR systems used by retailers today, and post-deployment firmware updates via remote download keep the system current and compliant, while eliminating the need for additional hardware or device resetting.

ViVOtech will demonstrate its ViVOpay 8800e and ViVOpay 8100e solutions at the CARTES IDentification 2010 show in Paris, December 7-9 at booth # 4 N 036.

For more information, visit www.vivotech.com.

About ViVOtech

ViVOtech (www.vivotech.com) is the leading end-to-end enabler of next-generation NFC mobile payments, loyalty and marketing solutions – providing mobile wallet, patented Over-The-Air (OTA) provisioning, Trusted Service Manager infrastructure, NFC touch point (smart poster) management, and loyalty/coupon management software, and contactless NFC payment acceptance terminals. ViVOtech’s versatile software solution not only works with emerging NFC-enabled smartphones, but also with multiple existing mobile handset models including BlackBerry, iPhone, Android, and Nokia with add-on NFC accessories. ViVOtech products are used by prominent retailers, banks, processors, and mobile network operators all over the globe; the company has shipped more than 780,000 contactless NFC 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. In 2010, ViVOtech received the 2010 Mobility Award for its NFC mobile ViVOwallet software, Smart Card Alliance Award “Outstanding Smart Card Achievement” (OSCA) Award for Innovation in Payments Technology and the Contactless Intelligence “Monkey” Awards for Competitive Advantage through Technology used by Citi Tap and Pay NFC Pilot. ViVOtech’s investors include Citi, First Data Corporation, Motorola Ventures, NCR and Nokia Growth Partners.





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