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Citi uses ViVOtech technology in contactless mobile payment pilot in Bengaluru, India
Nov 12, 2009 (TELECOMWORLDWIRE via COMTEX) --
ViVOtech, a provider of technology for mobile payments, loyalty and
marketing solutions, announced today that its Near Field Communication
(NFC) mobile payment wallet, Over-the-Air provisioning, smart posters,
coupon delivery and redemption technologies have been successfully
deployed By CitiBank in the Indian city of Bengaluru for a pilot scheme
trialling Citibank's Citi Tap and Pay mobile credit payment scheme.
The company said that the mobile payment structure deployed by ViVOtech
allows pilot participants in India to easily download OTA a personal
Citibank MasterCard Credit card to their mobile phones. Cardholders
also enjoy promotional offers by tapping their NFC phones on smart
posters, and receive coupons in seconds. When ready for a purchase,
participants just tap their mobile phones at ViVOpay contactless
payment readers to redeem coupons and make payments with credit or
debit cards.
No details of the value of the pilot contract were disclosed.
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