SimplyTapp Adds Mohammad Khan to Its Board of Directors
(Marketwire Via Acquire Media NewsEdge) AUSTIN, TX -- (Marketwired) -- 06/17/14 --
SimplyTapp, the leading provider of Host Card Emulation (HCE) solutions for mobile payments, today announced that Mohammad Khan has been named to its Board of Directors. As a visionary leader of mobile payments and with more than 30 years of experience in growing the payments industry, Khan brings unprecedented experience, knowledge and insight to SimplyTapp.
"The addition of Khan to our board is tremendous. His ideas over the last decade have revolutionized the payment card industry and have enhanced the shopping experience through mobile for millions of card holders in markets across the globe. His vision of using contactless technology for card payments was a fundamental building block to where the industry stands today," said Doug Yeager, CEO of SimplyTapp. "Khan's unparalleled understanding of the payments ecosystem will be a great asset to SimplyTapp as we take the next evolutionary step into mobile by making digital issuance, storage and distribution painless, cost effective and scalable for card issuers."
Mohammad Khan co-founded ViVOtech in 2001, the early leader in contactless and Near Field Communication (NFC) mobile payments. As its President and Board Member, Khan paved the road for mobile payments by shipping more than one million NFC point of sale (POS) terminals to a wide variety of brand name merchants around the world. Khan and the team also ran multiple successful field trials globally for mobile payments, offers, and loyalty programs confirming to the industry that consumers liked using their mobile devices to shop, save and pay at physical stores. Prior to ViVotech, Khan worked at VeriFone for 15 years joining in its infancy days, and contributed in making magnetic stripe and smart cards to be the leading payment medias for the industry globally.
"I have always believed that mobile will be the next major media for payments and enhanced shopping experience. I see host card emulation technology to help achieve this goal easier and faster," says Mohammad Khan, "SimplyTapp is the leader in delivering a complete host card emulation solution that is easy to deploy and highly scalable for issuers. I am delighted to join SimplyTapp team as its board member and work with them to make the mobile payments a reality soon"
Mohammad Khan has been recognized as a "Mover and Shakers" and a "leader of the payment industry."
About SimplyTappFounded in 2011, SimplyTapp creates new and powerful open platforms that enable developers to innovate and leverage mobile devices for tap-payments and other real-world transactions. The company's first platform leverages host card emulation (HCE) in conjunction with near field communications (NFC). It serves both retailers and financial institution's mobile payments initiatives, allowing the existing developer infrastructure to innovate and provide a solid competitive offering to companies like PayPal and Stripe.
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