Invisible Payments and IOT – ‘The next big thing’
“Using connected devices and Visa’s API’s to facilitate simpler, seamless and powerful commerce experiences”
Payments and digital commerce are rapidly transforming as the world becomes more digitized. The moment of making a purchase is increasingly ‘invisible’, frictionless and embedded in everyday experiences like calling a taxi or watching a movie.
Mobile phones are currently the largest category of connected devices, though by the end of 2018 connected devices such as cars, machines, and consumers electronics are collectively expected to pass them.
By 2020, 21 billion connected devices globally will lead to a dramatic increase in the number of places secure commerce can take place.
Submissions can refer to smart cities, The IOT and machine to machine interactions, connected car or other mobility concepts but are not limited to these areas.