Comment on Visa makes major IoT play with IBM partnership (V)

Visa makes major IoT play with IBM partnership (V)

BI Intelligence This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. A new partnership between Visa and IBM Watson will give the firm’s Big Blue Watson IoT platform clients access to Visa payment services through the card network’s tokenization offerings. The partnership, which reflects a wider trend of payments moving into the IoT, could give Visa access to as many as 6,000 IoT client companies by allowing them to provision Visa tokenization into their devices, effectively turning those into point-of-sale (POS) terminals that allow users to pay on-the-go.

 

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