USA Technologies Teams with ViVOtech to Demo NFC Mobile Payment for Vending

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April 28, 2011 10:21 AM Eastern Daylight Time 

USA Technologies Teams Up with ViVOtech to Demonstrate NFC Mobile Payment Capability for Vending at NAMA Expo

CHICAGO & SANTA CLARA, Calif.--(BUSINESS WIRE)--USA Technologies (NASDAQ:USAT) and ViVOtech announced today that they were demonstrating NFC mobile payment technology for vending and wireless point of sale at the NAMA Vending Expo in Chicago, April 27 through 29, 2011.

USA Technologies, a leader in wireless cashless payments systems, teamed with ViVOtech, the NFC software and systems company, to demonstrate how USAT’s ePort terminal accepts mobile payment as well as traditional magnetic stripe cards, contactless cards, and other cashless forms of payment.

“With major players such as the mobile carriers, banks, card associations and others jockeying for position in the rapidly emerging mobile payments space, USA Technologies wanted to demonstrate to its customers that its ePort solutions are capable of handling mobile payments,” said Michael Lawlor, Sr. VP of Sales and Business Development, USA Technologies. “In fact, the Company already has approximately 50,000 mobile NFC payment-enabled ePort connections on its network.”

Added Mohammed Khan, ViVOtech founder and president: “USA Technologies’ mobile payment initiative is exactly the kind of real-world NFC application that consumers have been waiting for. Our efforts together are forever changing the shopping experience for the better.”

“We believe that the opportunity that mobile payment offers is vast and valuable, and USA Technologies intends to lead in this rapidly emerging space,” said Lawlor. “As mobile payments continue to accelerate, USA Technologies is well positioned to capitalize on the opportunity and bring even greater value to its customers through increased consumer convenience.”

USA Technologies announced earlier this week an agreement with Verizon that the companies believe will accelerate the adoption of small-ticket, wireless, cashless payment services and machine-to-machine applications via USA Technologies’ ePort Connect Service. Among other things, the agreement provides for USA Technologies ePort solution including the Verizon Wireless network for connectivity, as well as Verizon including the ePort solution for wireless, cashless point of sale and machine to machine applications in the Verizon sales toolkit.

USA Technologies is exhibiting in NAMA Expo booth number 222.

About USA Technologies:

USA Technologies is a leader in wireless, small ticket cashless transactions, associated financial/network services and energy management. USA Technologies provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries. The Company has been granted 79 patents and has agreements with Verizon, Visa, Compass and others. Visit our website at www.usatech.com.

About ViVOtech:

ViVOtech, the near field communication (NFC) software and systems company, enables rich mobile commerce solutions for in-store payment, loyalty, marketing, and merchandising. Merchant, payment, mobile, web and advertising companies use ViVOtech solutions to enhance customer experience and grow their business. VIVOtech’s NFC software and systems are the broadest, most tested and deployed worldwide. Founded in 2001, Silicon Valley-based ViVOtech provides the key building blocks of the NFC ecosystem: smart applications, wallet and provisioning software, and point of sale systems. ViVOtech’s investors include Alloy Ventures, Citigroup, Draper Fisher Jurveston, First Data Corporation, Miven Ventures, Motorola Ventures, Nokia Growth Partners, NCR, and Sprint. Join the NFC revolution at http://www.ViVOtech.com.

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

Next-Generation ViVOpay 8800e and 8100e Offers Global Merchants PCI 2.1 PIN-Compliant Platform to Accept EMV Smart Cards, Contactless and Magnetic Stripe Cards and NFC Mobile Payments, Plus Enables Mobile Marketing and Loyalty Program Delivery to Consumers 

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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ViVOtech Wins 2010 Mobile Commerce Ability Award for ViVOwallet

Las Vegas, March 26, 2010 -- INTERNATIONAL CTIA WIRELESS 2010 -- Silicon Valley-based ViVOtech, the leader in Near Field Communication (NFC) mobile payments, loyalty and marketing applications and contactless readers, announced today it has been chosen to receive the 2010 Mobile Commerce Mobility Award from MobileTrax for its ViVOwallet® mobile wallet software for NFC mobile phones. The ViVOwallet was chosen as the best-in-class, feature-rich digital wallet for mobile phones enabling consumers to pay for purchases at any store with their NFC mobile phones, as well as participate in mobile promotions and loyalty programs and receive mobile coupons.



"ViVOtech has been a pioneer in mobile payments and its NFC wallet was chosen because it offers a function-rich, personalized experience to consumers when they go out shopping," said J. Gerry Purdy, Ph.D., principal analyst with MobileTrax. "ViVOtech's solution allows consumers to easily download their credit or debit cards into their phones, know the balance on their cards at all times, and tap their phone to pay with a selected card."



Purdy also points out that ViVOwallet's unique features allow consumers to enjoy dynamic loyalty programs from merchants, purchase gift cards and send them to friends, request personalized coupons that can be redeemed electronically, and tap a shelf tag with their phone to find out more information about products and compare prices.



"ViVOwallet is the first NFC mobile phone payment system to support secure credit and debit card download and payment, the first to support multiple cards, coupon downloading from smart posters and other key functionality introduced and tested over the course of dozens of trials we've been following over the years," Purdy said.



ViVOwallet is a versatile, full-featured wallet application with an intuitive user interface that runs on any NFC-enabled mobile handset. ViVOwallet manages credit, debit, prepaid, gift, loyalty and other cards stored on the mobile device. At the same time, it allows consumers to enjoy personalized offers, coupons and instant rewards offered by merchants, card issuers or manufactures. ViVOwallet is convenient, allowing consumers to find the best products and best prices with personalized services from merchants that users opt-in to receive. ViVOwallet is designed to be SPAM-free, using smart chip-based, secure communication technologies. Consumers may opt-in for what they want, when they want it, in a hassle-free environment.



The ViVOwallet uses a patented, secure over-the-air provisioning process for handling payment and non-payment information. Consumers can easily load their card information onto any NFC phone through an intuitive user interface in minutes, with no training or visit to websites or bank branches required.



"ViVOtech is proud to receive this prestigious award that validates its vision for how mobile will change the consumer shopping experience, enabling a new level of interaction with products and merchants with personalized services and instant rewards that will improve how they pay for purchases in the future," said Michael Mullagh, CEO of ViVOtech. "ViVOtech will continue to add new use cases for consumers to enjoy a richer mobile shopping experience while enabling merchants and card issuers to deliver the optimum value to their customers."



For more information about ViVOtech's contactless and NFC payment systems, visit www.vivotech.com .



About the Mobility Award



The 2010 Mobility Awards will honor the best and finest mobile & wireless products and services in the industry. The awards are selected by Dr. Gerry Purdy and are based on what he feels the firms, products & services have made or will make the greatest impact on the industry. They are not given out generically; the product must already be shipping or about to ship and covers products from the prior year.



About MobileTrax



MobileTrax, LLC is a leading mobile and wireless industry analyst firm and is a trusted source of information regarding the mobile computing and wireless data communications industry. MobileTrax provides market research, conferences and consulting services regarding enterprise and consumer markets. MobileTrax is lead by J. Gerry Purdy, Ph.D., a globally recognized authority on mobile computing and wireless data communications. He writes and publishes Inside Mobile, a newsletter that is published each Wednesday and is read by more than 100,000 people. More information can be found at www.mobiletrax.com



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 600,000 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.



Source: Company press release.

ViVOtech Wins 2010 Mobile Commerce Ability Award for ViVOwallet

Las Vegas, March 26, 2010 -- INTERNATIONAL CTIA WIRELESS 2010 -- Silicon Valley-based ViVOtech, the leader in Near Field Communication (NFC) mobile payments, loyalty and marketing applications and contactless readers, announced today it has been chosen to receive the 2010 Mobile Commerce Mobility Award from MobileTrax for its ViVOwallet® mobile wallet software for NFC mobile phones. The ViVOwallet was chosen as the best-in-class, feature-rich digital wallet for mobile phones enabling consumers to pay for purchases at any store with their NFC mobile phones, as well as participate in mobile promotions and loyalty programs and receive mobile coupons.



"ViVOtech has been a pioneer in mobile payments and its NFC wallet was chosen because it offers a function-rich, personalized experience to consumers when they go out shopping," said J. Gerry Purdy, Ph.D., principal analyst with MobileTrax. "ViVOtech's solution allows consumers to easily download their credit or debit cards into their phones, know the balance on their cards at all times, and tap their phone to pay with a selected card."



Purdy also points out that ViVOwallet's unique features allow consumers to enjoy dynamic loyalty programs from merchants, purchase gift cards and send them to friends, request personalized coupons that can be redeemed electronically, and tap a shelf tag with their phone to find out more information about products and compare prices.



"ViVOwallet is the first NFC mobile phone payment system to support secure credit and debit card download and payment, the first to support multiple cards, coupon downloading from smart posters and other key functionality introduced and tested over the course of dozens of trials we've been following over the years," Purdy said.



ViVOwallet is a versatile, full-featured wallet application with an intuitive user interface that runs on any NFC-enabled mobile handset. ViVOwallet manages credit, debit, prepaid, gift, loyalty and other cards stored on the mobile device. At the same time, it allows consumers to enjoy personalized offers, coupons and instant rewards offered by merchants, card issuers or manufactures. ViVOwallet is convenient, allowing consumers to find the best products and best prices with personalized services from merchants that users opt-in to receive. ViVOwallet is designed to be SPAM-free, using smart chip-based, secure communication technologies. Consumers may opt-in for what they want, when they want it, in a hassle-free environment.



The ViVOwallet uses a patented, secure over-the-air provisioning process for handling payment and non-payment information. Consumers can easily load their card information onto any NFC phone through an intuitive user interface in minutes, with no training or visit to websites or bank branches required.



"ViVOtech is proud to receive this prestigious award that validates its vision for how mobile will change the consumer shopping experience, enabling a new level of interaction with products and merchants with personalized services and instant rewards that will improve how they pay for purchases in the future," said Michael Mullagh, CEO of ViVOtech. "ViVOtech will continue to add new use cases for consumers to enjoy a richer mobile shopping experience while enabling merchants and card issuers to deliver the optimum value to their customers."



For more information about ViVOtech's contactless and NFC payment systems, visit www.vivotech.com .



About the Mobility Award



The 2010 Mobility Awards will honor the best and finest mobile & wireless products and services in the industry. The awards are selected by Dr. Gerry Purdy and are based on what he feels the firms, products & services have made or will make the greatest impact on the industry. They are not given out generically; the product must already be shipping or about to ship and covers products from the prior year.



About MobileTrax



MobileTrax, LLC is a leading mobile and wireless industry analyst firm and is a trusted source of information regarding the mobile computing and wireless data communications industry. MobileTrax provides market research, conferences and consulting services regarding enterprise and consumer markets. MobileTrax is lead by J. Gerry Purdy, Ph.D., a globally recognized authority on mobile computing and wireless data communications. He writes and publishes Inside Mobile, a newsletter that is published each Wednesday and is read by more than 100,000 people. More information can be found at www.mobiletrax.com



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 600,000 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.



Source: Company press release.