The Visa Sticker System Turns Any Device in Your Home into a Payment Hub
Ellen Smith — June 18, 2017 — Tech
The Visa sticker system is a new developing technology that will allow consumers to turn any device in their home into a payment hub. Having already made massive leaps for consumer convenience with the integration of credit cards and smart phones, Visa aims to create a contactless payment system that lets users purchase items without taking out their phone or credit card.
The stickers can be placed on any electronic device and immediately harnessed into a payment hub that can be tapped for check out. The system is so easy to use that Visa ensures retailers will have no issue integrating it into their checkout process, making for a one-stop consumer shop that's more convenient and efficient than ever before.
The stickers can be placed on any electronic device and immediately harnessed into a payment hub that can be tapped for check out. The system is so easy to use that Visa ensures retailers will have no issue integrating it into their checkout process, making for a one-stop consumer shop that's more convenient and efficient than ever before.
Trend Themes
1. Contactless Payment Stickers - Opportunity for companies to develop innovative contactless payment stickers that can turn any device into a payment hub.
2. Integration of Payment Methods - Opportunity for businesses to integrate different payment methods into a single contactless payment system, offering convenience to consumers.
3. Seamless Checkout Experience - Opportunity for retailers to streamline the checkout process by offering a contactless payment system that eliminates the need for physical cards or smartphones.
Industry Implications
1. Consumer Electronics - Disruption opportunity for consumer electronics companies to develop devices that come with built-in contactless payment capabilities.
2. Retail - Retailers can explore the opportunity to adopt contactless payment systems, improving customer experience and increasing efficiency at checkout.
3. Fintech - Fintech companies can innovate by creating new contactless payment technologies that provide enhanced security and ease of use.
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