alphyra and ViVOtech Announce Strategic Alliance at Cartes 2006 Event in Paris.alphyra to use ViVOtech's Next Generation Software Platform to Deliver New Range of Gift, Prepaid and Loyalty Products to the European Market SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif. -- alphyra, the owner of payzone, Europe's largest branded network for the collection of consumer payments, and ViVOtech, the leading infrastructure provider of the third generation of electronic payment technologies, today announced the signing of a software licence and services agreement. The agreement gives alphyra access to ViVOplatform, a software platform that supports a new range of integrated gift, prepaid, promotions, and loyalty products for retailers including department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. , gift shops, restaurants, hotels, leisure outlets, bookshops and music stores. ViVOplatform software is designed to work with the current generation of payment cards and to integrate with ViVOtech's contactless, Near Field Communication (NFC NFC abbr. National Football Conference ) and Over-the-Air (OTA (Over The Air) Refers to any wireless system such as AM/FM radio and network television that uses open space as its transmission medium. ) payment provisioning technologies. The United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. market is the largest gift and prepaid card market in the world and ViVOplatform has a number of unique functional and technical features that will enable European retailers to launch new and exciting products to their consumers. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Payment System Europe (PSE PSE 1. pale soft exudative pork. 2. portosystemic encephalopathy. ) Consulting, Europeans are expected to spend some e1/475 billion using prepaid cards by 2010, of which e1/420 billion will be spent using retailer-issued gift cards. This strategic alliance with ViVOtech positions alphyra well to capitalise on the growth in the prepaid and gift card market. In addition, alphyra will be able to exploit the next generation of payment systems developed by ViVOtech using ViVOpay contactless readers, ViVOcards/fobs, and ViVOnfc mobile phone and OTA payment provisioning software. These innovative solutions allow consumers to make contactless payments with radio frequency-enabled credit cards, smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. , debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. , key fobs, and NFC-enabled mobile phones. These new technologies will also enable retailers and card issuers such as banks to offer location-based and personalised Adj. 1. personalised - made for or directed or adjusted to a particular individual; "personalized luggage"; "personalized advice" individualised, individualized, personalized loyalty, coupon and promotion programs. alphyra already has a significant pre-paid mobile top up business relationship with the mobile telephone operators in Europe and is in a unique position to work with the mobile telephone sector to leverage new commercial opportunities presented by the imminent deployment of NFC-enabled mobile phones. John Nagle, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of alphyra said: "alphyra is delighted to partner with a Silicon Valley company that has pioneered the development of the next generation of payment technologies. The ViVOtech gift and loyalty platform gives alphyra an immediate competitive edge in cross-selling these services to the 100,000 + retailers with whom we have relationships across Europe and it has already helped us to win new customers in the retail sector. "We're very excited about the synergies that will flow from ViVOtech's leadership in contactless, NFC phone, and OTA payment provisioning technologies and alphyra's strategic relationship with the mobile telephone industry in Europe. The fast transaction speeds and other advantages offered by contactless/NFC solutions will bring real benefits to convenience stores and other retailers where quick and efficient check out service is important for both the retailer and the consumer." "ViVOtech's strategy is to be the leading enabler of innovative payments providers. We are honoured to work with Europe's largest branded network for the collection of consumer payments - alphyra has a unique presence in Europe and through working with ViVOtech they are ideally positioned to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the expected high growth in prepaid, gift, and loyalty markets in the coming years," said Michael Mullagh, CEO, ViVOtech. "Using ViVOtech software products alphyra is able to leap frog on to the next generation of payment and loyalty services and to offer them to European retailers. This has already resulted in wins for alphyra in Europe." alphyra plans to go live with its gift card, prepaid and loyalty services at two major retailers before the end of year 2006. To see the demo of ViVOplatform and other contactless and NFC technologies, visit ViVOtech booth #4L34 at Cartes CARTES Computer Arts Centre at Espoo 2006 in Paris, France. About alphyra alphyra operates payzone, Europe's largest branded network of 150,000 retail points for the collection of consumer payments. Headquartered in Dublin, with operations in 20 countries across Europe, it processes over 400 million transactions per year on behalf of its clients with a value of over 12 billion Euro. alphyra is the clear market leader in its industry offering a wide range of services including pre-paid mobile top-ups, energy pre-payments, bill & general payments, pre-paid VISA vouchers, local & housing authority payments, pre-paid credit cards, payment vouchers for online use, pre-paid stored value cards including gift card and loyalty, contactless payment solutions, transport ticketing, lottery applications, parking and electronic road tolling, debit & credit card transactions and money transfer. For further, information visit www.alphyra.com About ViVOtech ViVOtech is the market leader in contactless/NFC/OTA 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 QSR Quick Service Restaurant QSR QoS (Quality of Service) Satisfaction Rate QSR Quality System Regulations QSR Quality Status Report QSR Quality System Review QSR Quarterly Status Report QSR Quality System Requirement ), casual dining establishments, convenience stores, gas stations, drug stores, grocery stores, buses, taxicabs and vending machine vending machine, coin-operated, automatic device for selling goods. Many vending machines are capable of making change, and some of the more sophisticated ones accept paper money or credit cards. 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. For further information, visit www.vivotech.com. About Cartes 2006 Visit www.cartes.com |
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