ViVOTech parts ways with its mobile payment unit

Mobile Commerce

Company announces the selling of its ViVOpay unit ViVOTech, a software developer for NFC-based mobile payment and marketing systems, has parted ways with its NFC technology reader unit this week. The ViVOpay unit was largely responsible for the development and deployment of mobile payment systems. The unit has been acquired by ID Tech, a smart card and contactless reader manufacturer. ID Tech has not provided financial information concerning the acquisition, but claims that the ViVOpay unit will serve to augment the company’s endeavors in providing valuable mobile commerce systems to…

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ViVOtech brings NFC-based mobile marketing software to retailers

mobile commerce and NFC technology

ViVOtech – a software and systems company that uses near field communication (NFC) based technology – used their time at the NRF Annual Convention & Expo to launch their ViVOtouch mobile marketing software platform. This newly unveiled product is designed to provide retailers with the ability to offer consumers personalized content, loyalty programs, and discount opportunities, as it provides a real-time, interactive NFC-based shopping experience for customers whose mobile devices are enabled with this technology. By using ViVOtouch, mall operators, retailers, discount coupon services, and service providers are capable of…

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Technology companies prepare for upcoming m-commerce explosion

M-Commerce News

Mobile commerce technologies from near field communications (NFC) to digital wallets, pitch targeting, and location-based marketing are all on the cusp of taking off, and leaders in mobile web services, such as Google, are bracing themselves for impact. Customers are already capable of shopping without the use of their credit cards as long as they swipe their mobile device over a special point of sale reader. Though this is not yet available everywhere, it is about to become much more common and it is expected to do so very quickly.…

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ViVOtech wins $24 million in funding, seeks to expand NFC use outside the U.S.

Mobile Commerce Industry

ViVOtech, a provider of NFC-enabled hardware and software, has just finished their latest round of funding and have raised more than $24 million. The money comes from a wave of investors eager to support the growing NFC industry. Indeed, the technology is gaining momentum and more companies around the world are looking to incorporate NFC in their operations. The surge of money will help the company expand its ventures outside of the U.S. and further proliferate the use of NFC technology. Google is one of the primary backers of ViVOtech,…

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