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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BING NEWS:
  • IoT Network Management Market Poised for US$ 41.5 Billion Growth at 23.3% CAGR by 2032
    The IoT network management market is poised for substantial growth, with projections indicating that it will surge to an impressive US$ 41.5 Billion by 2032, driven by a remarkable CAGR of 23.3%. This ...
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