bringing secure payments to the internet of things · 2020-06-07 · 04 | bringing secure payments...
TRANSCRIPT
Bringing Secure Payments to the Internet of Things
Andrew Keighery | Vice President | Visa Inc.
Jonathan Vaux | Executive Director | Visa Europe
By 2020 there will be more than
50 billion devices connected to the Internet
Source: http://www.cisco.com/c/en/us/solutions/internet-of-things/overview.html
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Home
Offices
Retail
Weareables
Cities
Cars
Visa will help bring secure payment functionality to the
Internet Of Things, beginning with wearables and cars
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Introducing the Visa Ready Program for IoT
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1
2
Replaces card account number with a token
3
Token is domain restricted
Access to Visa issuers
Visa Token Service Visa Ready
1
2
Secure tokenized payments
3
Streamlined certification process
Speed to market
Visa Ready Program for IoT
Visa Ready Strategic Partners
Visa Token Service Visa ReadyVisa Ready Strategic Partners
Visa Ready strategic partners will offer manufacturers:
Visa certified
payment
reference designs
Guidance on Visa
Ready certification
for devices
Streamlined
integration to the
Visa Token Service
Access to
participating
VDEP issuers
Visa Ready Strategic Partners will play a key role in bringing IoT payment solutions to market
Tokenization has allowed Visa to offer payment-enabled
mobile device experiences
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Visa’s is extending tokenization connected devices
through to its trusted channel partners
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Streamlined
Certification
Technical
Integration
Speed to
MarketPayment
Expertise
Device manufacturers get access to the following
through the Visa Ready Program for IoT
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In 2016, Visa will enable wearables for
tokenized payments
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Visa will bring payments to various connected
car experiences
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Visa is partnering with the following
companies to light up the ecosystem
IoT Payment Experiences
Visa Ready Strategic Partners
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Visit the wearables wall and connected car in our booth
To learn more about Visa’s connected device
program, visit www.visa.com/IOT/VisaReady
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Thank You