
In this exclusive with PYMNTS.com, ViVOtech's President and Founder, Mohammad Khan answers five burning questions on "what’s next" with mobile payments.
ViVOtech, a leading end-to-end enabler of next generation mobile payments, loyalty, and marketing solutions, provides Near Field Communication (NFC) mobile payment solutions, mobile marketing and loyalty applications software, Over-The-Air (OTA) provisioning infrastructure software, NFC smart posters, and contactless terminals.
Looking into his crystal ball, Khan sees the future of payments shifting toward mobile as consumers grow increasingly attached to their mobile devices. He believes the move to mobile will provide added benefit to both the consumer and merchant as it increases competition and decreases associated fees.
Khan shares how ViVOtech is driving mobile payment innovation and how it is opening doors for the loyalty and marketing channels of the mobile space. For Khan, its not a matter of if but when NFC and contactless will become mainstream, putting an end to the "petty plastic" of today’s payments.