CCV Uses Identiv Labs to Deliver Contactless Payment Solution

Identiv, Inc. announced that CCV Deutschland, a German provider of electronic payment products and electronic payment processing, has partnered with Identiv Labs to develop a complete solution for unattended contactless payments.
 
The global payment market is undergoing historic change with the implementation of secure contactless micropayments in new forms of credentials from contactless credit cards to mobile devices, enabled with technologies such as Apple Pay, Google Wallet and Softcard.
 
CCV used Identiv Labs to design, develop and produce a family of network-connected front-end contactless readers. The resulting CCV solution provides quick and convenient payments at vending machines and other highly frequented point of sales (POS), such as fast-food restaurants, kiosks, coffee vendors, and parking and public transit tickets in extremely busy areas, like airports and subway stations.
 
The new solution significantly boosts efficiency at the POS with quick and simple payments, without the need for paper money, coins, or additional authorization, like a signature or pin. Additionally, the new solution accepts next-generation NFC payment through smartphones. CCV’s contactless payment solution is currently live with numerous customers, including restaurants, toll booths, public transit ticket machines, and vending machines.
 
“By working with Identiv Labs, CCV has access to experts in multiple fields, such as contactless readers and RFID, enabling us to create a customized solution and quickly go to market,” said Christine Bauer, director of sales and marketing at CVV Deutschland. “Now, customers using this new solution will have access to state-of-the-art payment methods, like NFC smartphones, leading to higher revenue, quicker transactions, and less queuing.”
 
“Through Identiv Labs, CCV was able to engage Identiv’s extensive experience in NFC contactless technology, security, privacy, and connected devices in the Internet of Things (IoT) to bring to market a fully EMV-certified solution,” said Jason Hart, Identiv CEO. “This solution addresses markets from unattended kiosks to retailers, implementing a rapid, cost-effective modern payment infrastructure.”