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Mastercard Wants To Turn Every Gadget Into A Credit Card - Science/Technology - Nairaland

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Mastercard Wants To Turn Every Gadget Into A Credit Card by Nobody: 9:45pm On Oct 26, 2015
MasterCard wants to let every new gadget turn
into a credit card. It’s launching a new program
today that’ll allow tech companies to make
gadgets like smart rings, car keys, and fitness
trackers that can also be used to make credit
card payments in stores, just like most new
smartphones can with programs like Apple Pay
and Android Pay. MasterCard is starting out
with a few partners, who have already put
together prototype units. GM has made a key
fob with MasterCard’s wireless payments tech
built in; Ringly has done the same with a
version of its smart ring; and Nymi has created
a smart wristband.



The goal is to make paying — and, of course,
paying with your credit card — as easy as
possible. Rather than needing to have a specific
device on you and at the ready, MasterCard
wants you to simply swipe the keys that are
already in your hand or the ring that’s already
on your finger. In doing so, it’s starting to get
ahead of the boom in connected gadgets.
MasterCard is imagining a world in which its
tech even allows connected clothing to make
payments.




So far, only MasterCards issued through Capital
One will be supported on these small connected
devices, but MasterCard has plenty of time to
get others on board before these gadgets are
actually in use. The first products that support
MasterCard’s new payments tech will arrive in
the US next year, with expansion into other
countries to follow.




http://www.ebcng.com/mastercard-wants-to-turn-every-gadget-into-a-credit-card/?utm_source=&utm_medium=twitter
Re: Mastercard Wants To Turn Every Gadget Into A Credit Card by okeyley: 9:50pm On Oct 26, 2015
very funny imagine things going on my mind


..even wedding ring
Re: Mastercard Wants To Turn Every Gadget Into A Credit Card by Nobody: 1:43pm On Oct 28, 2015
okeyley:
very funny imagine things going on my mind


..even wedding ring



lol....wedding ring ke

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