17 August 2017
visit www.avoka.com

ViVOtech partners DeviceFidelity for instant m-payments

08 September 2010  |  2466 views  |  0 Source: ViVOtech

Silicon Valley-based ViVOtech, the leader in Near Field Communication (NFC) mobile payments, loyalty and marketing applications and contactless NFC readers, and DeviceFidelity, the global leader in microSD-based mobile contactless solutions, today announced a joint solution that brings contactless mobile payment, loyalty, transit, ticketing and coupon redemption capabilities to leading Smartphone models.

Available to financial institutions and wireless carriers globally, the joint solution can be deployed on most leading smartphones, including multiple Blackberry models, iPhone 3G, and iPhone 3Gs.

The joint solution allows ViVOtech's award-winning mobile wallet software, patented over-the-air (OTA) provisioning solution, and coupon issuance/redemption software to be deployed with DeviceFidelity's NFC-enabled In2Pay microSD and In2Pay Case for iPhone technology. This joint solution enables consumers to plug the In2Pay microSD into their smartphones, download multiple credit and/or debit cards securely to their handsets, and use their phones to perform contactless transactions at hundreds of thousands of merchants around the world. In addition, consumers can download merchants' loyalty, gift and prepaid cards and customize these cards to automatically redeem loyalty points and take advantage of discounts. Consumers can also request electronic coupons and discount offers, store them in their mobile wallets, and electronically redeem them at time of purchase.

The multiple patents pending In2Pay microSD with integrated NFC antenna, 1GB user memory and MiFare support has garnered global recognition and is being trialed by major banks and carriers worldwide. Through the collaboration between ViVOtech and DeviceFidelity, interested customers will now be able to obtain a turnkey solution comprising of NFC readers, OTA and wallet software and In2Pay NFC payment solution for smartphones.

"The collaboration between ViVOtech and DeviceFidelity is aimed towards delivering the long awaited promise of NFC today, and on mobile devices that consumers prefer," said Deepak Jain, CEO and founder of DeviceFidelity. "Our technology unlocks the `chicken and egg' situation that has plagued the NFC ecosystem and provides a compelling ROI for banks, payment networks, merchants and wireless carriers interested in commercial deployment of NFC."

"By combining ViVOtech's unique patented over-the-air (OTA) card provisioning and mobile wallet software with DeviceFidelity's In2Pay solution, we are delighted to provide options to millions of consumers today to instantly turn their existing smartphones into intelligent contactless payment devices - and that's just the start," said Mohammad Khan, president and founder of ViVOtech. "ViVOtech's software coupled with DeviceFidelity's In2Pay solution enables a full range of applications for mobile commerce and transit including mobile loyalty, coupons, gift and marketing."

ViVOtech and DeviceFidelity will be demonstrating their joint solution at the Asia Pacific Smart Card Association's, "Bridging the gaps in the ecosystem" Conference on September 8 - 9, 2010, in Taipei, Taiwan.

ViVOtech is planning to enhance this joint solution by supporting additional leading smartphone handset platforms like Android and devices from other major device makers like Nokia, HTC and Samsung that are already supported by the In2Pay solution.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.niceactimize.com

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10289 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9656 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9518 views comments | 8 tweets | 15 linkedin
HSBC automates documentary trade processing with IBMHSBC automates documentary trade processin...
8480 views comments | 6 tweets | 21 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
7960 views comments | 1 tweets | 2 linkedin

Featured job

£100-120K Basic dependent on experience plus subst...

Find your next job