In this exclusive NEXTcast interview, ViVOtech's President and Founder, Mohammad Khan answers five burning questions on "what’s next" with mobile payments.

ViVOtech, a leading end-to-end enabler of next generation mobile payments, loyalty, and marketing solutions, provides Near Field Communication (NFC) mobile payment solutions, mobile marketing and loyalty applications software, Over-The-Air (OTA) provisioning infrastructure software, NFC smart posters, and contactless terminals.

Looking into his crystal ball, Khan sees the future of payments shifting toward mobile as consumers grow increasingly attached to their mobile devices. He believes the move to mobile will provide added benefit to both the consumer and merchant as it increases competition and decreases associated fees.

Khan shares how ViVOtech is driving mobile payment innovation and how it is opening doors for the loyalty and marketing channels of the mobile space. For Khan, its not a matter of if but when NFC and contactless will become mainstream, putting an end to the "petty plastic" of today’s payments.

For more on "what’s next" with Khan and ViVOtech, listen here:

Read the transcript here.

Bio: Mohammad Khan is the President and Founder of ViVOtech Inc. Mr. Khan held several engineering, marketing, and business development management positions during the 15 years he worked with VeriFone. Joining VeriFone in its early stage in 1983, Mr. Khan helped the company develop its payment automation systems and later helped successfully market these products in more than 96 countries. Included were the smart card and security payment products he conceived for VeriFone and launched to its worldwide markets in the early '90s. Mr. Khan was also a co-founder of the Internet Commerce Division within VeriFone and was responsible for expansion of its Internet payment systems business into more than 25 countries. Mr. Khan holds a master's degree in electrical engineering from the University of Hawaii at Manoa. In 2006 Mohammad Khan was recognized as a leader of the Electronic Payments Industry by the Transaction Trends Magazine and in 2005 as a “Mover and Shaker” of the Electronic Payments Industry by the Transaction World magazine.

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