This week, from March 2-5, we have the pleasure of attending the Mobile World Congress in Barcelona, Spain with Visa (Exhibit Booth D40, Hall 6). The conference offers world-class thought-leadership on the mobile communications revolution and the world’s major technology breakthroughs, as well as an exhibition of cutting-edge products and technologies.

We’re thrilled to be joining Visa to demonstrate a connected car commerce proof-of-concept—our collective vision of how customers in the future might use cellular connectivity, Bluetooth technology and beacons, and an enhanced user experience to order food, or other products and services, to make purchases from the car while they’re on-the-go.

We see the next phase of payments being driven largely by mobile technology and involving many new players and innovative ways to shop, pay and get paid—including from the car. In this connected car commerce proof-of-concept, we integrate some of the latest technologies that will enhance on-the-go payments and commerce.

Since the inception of this joint project with Visa, we have:

  • Collaborated on the design, building and testing of the proof-of-concept.
  • Developed the applications.
  • Integrated several technologies for extracting information from the car.
  • Built the technical foundation for machine-to-machine commerce based on secure and seamless payment transactions.

Teaming with Visa to explore the future of Internet of Things-based commerce has given us the opportunity to be part of a great vision in this space. We are excited to continue innovating and seeking new ways to make purchases more convenient for consumers, setting the bar even higher in terms of frictionless payment transactions.

If you are attending Mobile World Congress, we hope you’ll stop by the Visa booth (Exhibit Booth D40, Hall 6) to see the proof-of-concept in person and to discuss the future of Internet of Things-based commerce. We’ll also be posting photos and interesting information from the floor of Mobile World Congress during the week at our twitter handle @BankingInsights; we’d love to hear what you think.

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