Together, Mastercard and Verizon plan to explore 5G and Mobile Edge Computing technology and use cases
Mastercard enters into partnership to bring 5G to payments industry. Source: pixabay.com
Verizon Business and Mastercard have announced a partnership expected to drive transformational solutions for the global payments and commerce ecosystem.
From contactless shopping and autonomous checkout technology to Cloud POS solutions, Mastercard and Verizon Business will collaborate to deliver scalable innovations that drive the industry forward and create new experiences for consumers and businesses alike.
Verizon and Mastercard will work closely to unlock Internet of Things sensor connectivity with near real-time edge computing to power the fintech, payments and banking industries, in addition to working to arm SMBs with hyper-automated and immersive commerce experiences.
At Mastercard’s New York City Tech Hub, located in the Flatiron District, Mastercard and Verizon will test and embed 5G to accelerate the pace of innovation and collaboration.
We’ve reported that the UAE Central bank is looking to launch virtual currency.
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