since this is the only way consumers are building now tax-free, but the technology running ahead, way ahead, and now converts to the point of selling anything: the clock, until the ring and the car!
A highly ambitious agreement of Visa Inc. with IBM, which leverages the so-called internet of things (Internet of Things) converts each interconnected device at the point of sale!
In particular, the collaboration combines the platform Watson IoT IBM and payment services of Visa, which are used by more than 3 billion consumers worldwide.
The platform Watson IoT IBM, as announced, it allows businesses to connect with billions of devices, sensors and systems around the world. Today, the platform is used by more than 6,000 customers of IBM that help consumers to connect to millions of devices.
With this agreement, as reported by two companies, IBM and Visa share a common vision and commitment to integrate payments and trade on any device – from a wristwatch, one ring, a device to a car.
In the framework of this cooperation, the companies will be able to include secure payments in a whole series of products using the Service Token of the Visa, a new technology that replaces the information found on payment cards, with a unique digital string of numbers. Therefore, IBM and Visa will be able to support payments and commerce at 20 billion interconnected devices, it is estimated that there will be in 2020.
“With the IoT is literally changing the world around us, it becomes possible for the user of a washing machine, for example, to ensure that it will never end detergent. Behind this transformation are hiding companies such as Visa and technologies as the platform Watson IoT at IBM,” said Harriet Green, General Manager, IBM Watson IoT. “This combination of top technologies, IoT IBM payment services of Visa, marks the evolution in the trade, allowing you make payments to any of the connected object, with new levels of simplicity and convenience for everyone.”
Examples:
Experts estimate that there will be 380 million connected cars by 2021.
As the car will be connected to the Platform for IoT Watson, the driver will be notified about anything you need.
The driver will be able to order spare parts with the touch of a button, or scheduled a meeting for service and will have the possibility to pay automatically the gas.
Conversely, someone who works out, has a wireless sensor and could receive digital information as to when is the time to change sports shoes, suggesting parallel and the best model at the best price in a shop of his choice. In addition, it could be offered, suggestions on diet and equipment, based on individual performance, on the climate and purchasing preferences.
“The Internet of Things leads not just to a networked world, but it changes the way we live, we buy, we pay, carrying the point of purchase exactly where the consumer wants it to be,” said Jim McCarthy, executive vice president on issues related to innovation and strategic partnerships Visa Inc..”
Function
In the future, all users of the Platform Watson IoT will have access to the payment services of Visa via the IBM Cloud. As a result, IBM and Visa will provide all clients with personalized experiences based on individual needs of each customer.
In the framework of this cooperation, the companies will ensure that all personal information of consumers will remain safe with the service Token of the Visa. The service Token of the Visa is accessible through a network of providers in the context of the affiliate program Visa Ready.
Source
What POS? Soon we will pay with the watch, the ring, the car to us
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