Contactless Smart Cards, RFID, Payment, Transit and Security

Diners make contactless payments ‘at the table’ in Dallas thanks to a new device from ViVOtech

Friday, August 1, 2003

The founders of ViVOtech are vocal proponents of the value proposition for contactless payments. They have staked their company’s future on it. But from their participation in a number of high-profile mobile payment trials they found that the typical value proposition had a weak spot. Full service restaurants with table service didn’t like the idea of contactless payments–because they did not want their staff to take possession of a diner’s keys or cell phone to initiate a contactless payment back at the point of sale (POS) device. And you can bet the diner wouldn’t like this either.

There are 677 words in the rest of this article …

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