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VivoTech Selected To Deploy PayPass In Brazil

Thursday, November 19, 2009 5:14:00 AM PDT | VentureDeal Staff

Rio de Janeiro, Brazil  --  Silicon Valley-based company ViVOtech announced that its contactless payment technology has been chosen to enable the first deployment of the MasterCard PayPass technology in Brazil.

MasterCard and Redecard announced the launch of the PayPass technology deal for public transportation and other quick service merchants in the Rio de Janeiro metropolitan area.

ViVOtech's infrastructure and application software products are installed in over 550,000 end units in 35 countries, according to the company.

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