Bringing Secure Payments to the Internet of Things · 2020-06-07 · 04 | Bringing Secure Payments...

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