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i love velvet

I Love Velvet Enters Asia Market to Offer Retailers Industry’s Most Secure MPOS Solution

2013-05-23 17:17
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NEW YORK--()--I Love Velvet, the Mobile Point-of-Sale (MPOS) hardware and software innovator for large retailers, restaurant chains, and leisure and entertainment groups launches in Asia with a focus on large retailers in China, Japan and Singapore. I Love Velvet’s commitment to innovation in the MPOS market offer retailers in Asia a unique, patented, end-to-end MPOS solution designed to help retailers realize the benefits of mobilizing traditional POS systems.

“With industry analysts noting that the Asian smartphone market has grown by 61 percent in the last 12 months, it’s clearly an emerging market for MPOS technology,” said Patrick Bouaziz, CVO, I Love Velvet. “Our innovative, enterprise-grade solutions have been well received in the U.S. and European markets, and we see an opportunity to fill the same need for retailers in Asia – offering our fully integrated, unduplicated MPOS solutions to help them manage the challenge of secure mobile point-of-sale transactions.”

I Love Velvet has been deployed by some of the world’s largest retail and entertainment organizations, including a major global theme park, a premium coffee retailer and a leading apparel and appliance retailer.

I Love Velvet is compatible with Apple’s latest devices that feature the Lightning connector – including the fourth-generation iPad, iPad mini, iPhone 5 and iPod Touch. I Love Velvet provides an extensive range of MPOS transaction capabilities that include: credit card and bank debit card swipes; European Chip & Pin cards; RFID; NFC and 2-D bar code scanning. Retailers are also protected with industry-leading security options, including EMV 1 & 2 certifications, PCI-PTS compliance and enhanced encryption and SAM chip injection.

To announce I Love Velvet’s entry into Asia, the company will also offer free devices to its first 100 customers in Japan. For more information, please visit www.ilovevelvet.com.

About I Love Velvet

I Love Velvet is a proprietary MPOS hardware and software solution offering retailers the flexibility of mobile payment solutions supported with a fully integrated, end-to-end POS solution. The company was founded in 2010 by three former SAP, Oracle and Enterprise Retailing executives with broad industry expertise in POS, ERP, CRM and retail operations management. I Love Velvet is headquartered in New York City with global design, hardware/software development and security support teams in South Korea, China and Bulgaria.

 

Contacts

Diffusion PR
Kate Ryan, 646-673-8681
Kate.Ryan@diffusionpr.com

 

The I Love Velvet Solution Suite (Photo: Business Wire)

The I Love Velvet Solution Suite (Photo: Business Wire)