DWine Insight: My new project: ViVotech

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My new project: ViVotech

By DWiner

ViVOtech is the leading software provider of Near Field Communications (NFC) mobile phone payments, over-the-air (OTA) provisioning of promotions and transaction management infrastructure software, NFC smart posters, and contactless readers/writers.

These innovative solutions allow consumers to make contactless payments with radio frequency-enabled credit cards, debit cards, key fobs, and NFC-enabled mobile phones. ViVOtech's products are used by some of the most prominent retailers in the United States. ViVOtech enables retailers, banks, wireless operators and service providers with end-to-end 3rd Generation Payment and Promotion Systems.

Currently, with more than 2,50,000 units in 22 countries, ViVOtech's products are in use at movie theaters, fast food restaurants (QSR), casual dining establishments, convenience stores, gas stations, drug stores, grocery stores, buses, taxicabs and vending machine locations, enabling a wide variety of businesses to accept contactless/NFC payments.

ViVotech's proprietary applications are baed into three categories:

ViVOpay® - Point-of-sale contactless and NFC mobile phone readers/writers: ViVOpay™ transforms merchant legacy devices into next-generation contactless payment systems. ViVOpay™ is a patent-pending, plug-n-play hardware application that enables existing merchant magnetic stripe point-of-sale (POS) systems to accept payment from contactless credit and debit cards as well as from infrared-enabled cell phones and PDAs.

ViVOnfc™ - NFC mobile payment and over-the-air (OTA) card provisioning infrastructure software: Consisting of ViVOwallet®, ViVOplatform Issuer Server™ and ViVOplatform Control Server™, ViVOnfc suite 2.0 offers a secure, comprehensive and flexible solution that will enable Card Issuers, Telecom Operators and Service Providers to offer compelling mobile contactless services to their user base. ViVOnfc Suite 2.0 provides the necessary systems to efficiently provision and manage data on NFC handsets. Services built on these systems will allow customers to tap their way through retail checkout lines, redeem coupons or access events or transit all with their ubiquitous and handy NFC mobile phones.

ViVOplatform™ - Next-generation loyalty, prepaid and promotions processing software: ViVOplatform provides retailers with the ideal scalable and flexible software platform for advanced promotional and loyalty applications. By increasing the usage of loyalty and gift/prepaid cards, ViVOplatform enables retailers to gather valuable consumer buying behavior data and use it to target specific consumer groups with real-time personalized promotions such as cross-selling, loyalty awards and instant rewards.