MIAMI--(BUSINESS WIRE)--YellowPepper, Latin America’s leading mobile payment and banking company, today announced that Mohammad Khan, former president and founder of ViVOtech, a pioneering NFC software and hardware company that paved the way for mobile payments, has been named Chairman of YellowPepper Board of Directors. The appointment of Khan, a distinguished leader in the electronic payments industry, is testament to the company’s commitment to investing in its growth and the ever-evolving technology behind consumer payments.
“Mohammad is a recognized leader and pioneer in the payments industry, and we are thrilled to have him on our board,” said Serge Elkiner, Co-Founder and CEO of YellowPepper. “As YellowPepper grows and develops new technologies, Mohammad’s unique experience in electronic payments and commerce brings YellowPepper additional industry know-how that we constantly strive for.”
In his 12 years at ViVOtech, Khan led the charge in the deployment of NFC readers and field-testing a number of mobile payment trials globally. His efforts in driving mobile payments successfully set the stage for widely accepted NFC mobile payments such as Apple Pay and Android Pay. Khan’s track record has earned him nicknames such as “The Father of NFC Payments” and “Mr. NFC.”
"I am eager and excited to join the YellowPepper Board," said Mr. Khan. "The mobile payments market is undergoing rapid growth worldwide, fueled by users’ increased interest in the convenience and security offered. The outlook is very promising, in particular for Latin America, where YellowPepper’s operations are focused and market leading."
Prior to founding ViVOtech in 2001, Khan held various leadership positions at Verifone, the global leader in secure POS solutions, which he joined in its early stage in 1983. Khan helped the company develop its point of sale systems and later helped successfully market these products in 96 countries. Khan was also a co-founder of the Internet Commerce business for Verifone.
YellowPepper, Latin America’s Mobile payment pioneer, is an emerging growth Company with the heart of a Start-Up. The Company is focused on transforming commerce in Latin America with Yepex, a mobile payment platform that provides financial institutions, corporations and merchants a means to revolutionize the purchasing experience. The Miami based company also offers customized solutions to top financial groups and corporations in the region that currently enable over 5 million users and 30 million transactions. For more information, please visit www.yellowpepper.com