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   ViVOtech NFC mobile phone payment
Created Date: 11/20/2009 11:05:42 AM
Country: Guatemala
Focus: Institution and HR Management
Status: In development
License: Open Source
Product Type: Software - Mobile
Target Users: users at both developed and emerging markets
Developer Name: ViVOtech
Product Url: http://www.vivotech.com/products/vivo_pay/vivopay_5000.asp
System Requirements: In order to use ViVOtech NFC mobile phone payment, users need a Visa card and a Visa payWave feature on their mobile phones.
Description: The Visa-led Guatemalan deployment, ViVOtech, has marked Latin America''''''''s first NFC-based mobile payment pilot and use of payWave-enabled mobile handsets at hundreds of merchants that have installed the ViVOpay 5000 contactless payment readers that can be adapted to existing POS systems to provide advanced contactless functionality and an interactive display for customers.

ViVOtech''''''''s readers and software were deployed in partnership with CompaAia de Procesamiento de Medios de Pago de Guatemala, known as Visanet Guatemala, Banco Industrial and Banco Uno and is expected to last six months. Mobile payments will be available to more than 200 Visa cardholders whose credit card data will be migrated onto the cell phone, allowing them to use the Visa payWave feature.

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