I Love Velvet
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| Company type | Private |
|---|---|
| Founded | 2009 in New York City, US |
| Founder | Patrick Bouaziz |
Area served | International |
Key people | Patrick Bouaziz, CEO |
| Products | mPOS |
| Divisions | South Korea, Bulgaria, China |
| Website | www |
I Love Velvet is a global provider of hardware and software for mobile point of sale (mPOS) transactions and value-added retail services. I Love Velvet manufactures and sells merchant-operated, consumer-facing and self-service mPOS systems to the entertainment, retail, hospitality, and automotive industries.
History
[edit]Founded in 2009 by former SAP AG, Oracle Corporation and retailing executives.[1] The system was developed for enterprise retailers looking to process multiple forms of payments in multiple countries all housed in one single device called "The Brain".[2]
In 2013, I Love Velvet purchased Wexpay, a French online wallet company.[3]
Product
[edit]I Love Velvet mobile POS is a cloud-based iPhone, iPad, Android, and Windows tablets, mobile point of sale (mPOS) or checkout system. I Love Velvet mPOS has several large business customers such as German vehicle inspection company, Dekra. The system allows merchants to ring up sales, print or email receipts, open a wireless cash drawer, accept credit and debit card, EMV (for international Credit Cards) smart card, and NFC/RFID transactions, as well as print remotely from compatible hardware devices using the Velvet Store application. The back-end, web-based Velvet Cloud allows inventory, employee, and customer management, with analytics and reporting. The dashboard interface allows merchants to view real-time store sales and other data remotely.
International
[edit]I Love Velvet is headquartered in New York, New York with global design, hardware/software development and security support facilities in South Korea, China and Bulgaria.
See also
[edit]- Point-of-sale malware
- Cyber security standards
- List of cyber attack threat trends
- Malware
- Point of sale
References
[edit]- ^ "I Love Velvet Enters Asia Market to Offer Retailers Industry's Most Secure MPOS Solution" (Press release). 23 May 2013.
- ^ "Patrick Bouaziz - Inventor Patent Directory, Page 1". patent.ipexl.com. Archived from the original on 2014-02-23.
- ^ "I Love Velvet acquires e-wallet provider WeXpay". www.telecompaper.com. Retrieved 2020-01-30.
External links
[edit]
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