IBM And Visa Are Working To Embed Payments Into Cars, Watches And Appliances

IBM And Visa Are Working To Embed Payments Into Cars, Watches And Appliances
Automotive

A new collaboration aims to bring the point of sale into many new areas

Emma Hutchings
  • 27 february 2017

IBM and Visa are collaborating to bring the point of sale everywhere by enabling businesses to quickly introduce secure payment experiences for any device connected to the Internet of Things.

These two companies share a commitment to embed payments and commerce into any device, including watches, rings, appliances, and cars. This collaboration combines IBM’s Watson IoT platform and cognitive capabilities with Visa’s global payments capabilities. The aims is to let businesses infuse secure payments across their entire product lines using the Visa Token Service, new security tech that replaces sensitive payment account info found on payment cards with a unique digital identifier.

IBM

IBM and Visa are collaborating to bring the point of sale everywhere by enabling businesses to quickly introduce secure payment experiences for any device connected to the Internet of Things.

These two companies share a commitment to embed payments and commerce into any device, including watches, rings, appliances, and cars. This collaboration combines IBM’s Watson IoT platform and cognitive capabilities with Visa’s global payments capabilities. The aims is to let businesses infuse secure payments across their entire product lines using the Visa Token Service, new security tech that replaces sensitive payment account info found on payment cards with a unique digital identifier.

+appliance
+bank
+Car
+financial services
+IBM
+IoT
+retail
+technology
+visa
+Watch

Learn About Our Membership Services

Need Research Help?
As a member you can ask us any research questions and get complimentary research assistance with a 4-day turnaround. Reports inclde stats, quotes, and best-inclass examples on research topics.
Remain Informed & Strategic
We publish several trends reports each month. By becoming a member you will have access to over 100 existing reports, plus a growing catalog of deep topical analysis and debrief-style reports so you always remain in the know.
See Trends Come To Life
Meet your peers and immerse yourself in monthly trend and innovation webinars and discounted conferences.
No search results found.