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| ViVOtech
Launches Compact, Cost-Efficient ViVOpay 4500 Contactless EMV Readers
for Europe, Middle East, Asia, Canada, and Latin America
Extends
successful ViVOpay 4000 contactless payment platform to global markets
SANTA
CLARA, Calif., November 8, 2006 – ViVOtech Inc.,
the leading supplier of contactless payment solutions, today announced
the launch of the ViVOpay 4500 EMV contactless reader for the European,
Middle Eastern, Asian, Canadian, and Latin American markets. Built
on ViVOtech’s best-selling ViVOpay 4000 contactless reader
platform, the EMV-compatible ViVOpay 4500 is a cost-effective device
with a small footprint, powerful new processing capabilities, and
the ability to contactless-enable legacy POS systems without replacing
the entire terminal or ECR infrastructure.
The
ViVOpay 4500 features ARM processor-based hardware with large application
memory to support multiple branded EMV and magnetic stripe contactless
applications in addition to retailer loyalty, prepaid and NFC mobile
phone payment programs. The high-performance processor also assures
exceptional read range and faster card reads.
“Global
retailers need practical, proven reader solutions that make it possible
to take advantage of the rise of contactless payments as an added
feature of EMV-enabled smart cards,” said Mohammad Khan, President
and Founder, ViVOtech. “The compact ViVOpay 4500 saves counter
space and aesthetically integrates to almost any POS system, enabling
retailers to use contactless to move lines faster to drive incremental
revenues as well as enhance loyalty and prepaid programs.
Architected
to be used in almost any retail environment, the ViVOpay 4500 is
easily installed in existing deployments of EMV-compatible POS terminals
and ECR systems. The device can be mounted on countertops, windows
and a variety of other surfaces supporting such diverse merchant
locations such as movie theaters, Quick Service Restaurants (QSRs),
casual dining establishments, gas stations, convenience stores,
and drug and grocery retailers as well as buses, taxicabs and vending
machines.
Key benefits include:
-
Global reader: Supports all worldwide EMV and magnetic stripe
contactless payment programs run by major organizations.
-
Value-added application support: Ready for NFC mobile phone payments,
coupons and retailer loyalty and prepaid programs.
-
Performance: Exceptional EMV contactless card read-range and ultra-fast
card read.
-
Large memory: ARM processor offers 512K bytes of application memory
for multiple contactless and NFC phone applications, providing
sufficient space for future applications.
-
Low cost: Upgrades existing POS systems for a fraction of the
replacement cost of new contactless-enabled POS terminals.
- Proven
design: Based on the same design as the successful ViVOpay 4000
contactless reader deployed throughout the U.S.
- Compatibility:
Works with most POS and ECR systems from Ingenico, VeriFone, Hypercom,
Lipman, Axalto, Dione, Partech, Micros, Toshiba, and IBM. Supports
multiple mount options.
To
see the demo, visit ViVOtech booth #4L34 at Cartes 2006 in Paris,
France
About
ViVOtech
ViVOtech (www.vivotech.com)
is the market leader in contactless/NFC payment software, transaction
management systems, and readers. 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. Currently, with more than 200,000 units in
18 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. In 2005, ViVOtech received the
prestigious Frost & Sullivan technology award for its role in
transforming the contactless payment industry, as well as winning
the first annual ETA Technology Innovation Award. ViVOtech was recently
honored with a MasterCard "Best Vendor Partner Award"
as the first vendor to deliver stand-alone contactless readers for
MasterCard PayPass customers.
The
names of actual companies and products mentioned herein may be the
trademarks of their respective owners.
Editorial
Contact:
Kristin Miller
SSPR
800-287-2279
kmiller@sspr.com
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