IoT Payments

Any connected device can be converted into an endpoint for commerce – including wearables, appliances and automobiles. Built-in analytics tools allow for maximizing operational efficiency and insight into additional revenue sources

IoT enabled payments is the future of payments in retail and will lead to creating connected commerce space. The solution will enable physical shop to interact with the customer; based on analysis of a shopper’s past purchases and behaviours, in-store beacons will alert the shopper to offers and relevant promotions and a simple click-to-buy functionality will enable shopper to complete the purchase. This solution combining payments, loyalty, analytics and IOT to forever change the way shoppers shop.

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