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 Today,
millions of consumers worldwide are making fast and easy payments
by simply tapping contactless cards, fobs, watches or wristbands
at contactless payment readers at movie theatres, restaurants, convenience
and drug stores, gas stations, grocery stores, taxis, kiosks and
Vending Machines. If you are already using this payment option,
this cool new technology is already making your day-to-day payments
more convenient - saving you time and money.
But
that… is just the start.
Imagine
being able to wave your mobile phone at checkout to pay for your
latte, movie ticket, or even your groceries. Sound easy?
Very
soon you will be able to buy new radio frequency (RF)-enabled (called
NFC*) mobile phones that are equipped to support the downloading
of your credit, check, or gift cards into your mobile device by
pressing just a few buttons. Your information will be securely downloaded
over the air (OTA) from your bank and safely stored in your mobile
phone using latest cryptographic, authentication, and wireless communication
technologies.
Ever
drive by a store and remember the coupon you left at home? You can
store that data too. In addition to credit card and other payment
information, you will also be able to transfer coupons and other
promotions directly into your phone. This feature lets you carry
every coupon with you and electronically redeem by waving the phone
at an RF-enabled register at the time of purchase.
ViVOtech
is the leading technology provider for these new payment solutions.
ViVOtech develops software that acts as a mobile phone payment “wallet,”
performs over the air (OTA) payment card and coupon provisioning,
enables dynamic promotion transaction processing and radio frequency
(RF) enabled (called contactless) terminals for merchant check out
systems.
Resources:
Get
a contactless card:
Where
to use your contactless card:
Learn
more about contactless:
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