Friday, 24 March, 2023

Mastercard and Verizon sign a 5G contactless payment deal

<p>Networking company Verizon has signed a deal with Mastercard Inc for using their 5G and wireless tech to build digital payment options. Verizon is looking to utilize 5G smartphones and NFC tech to have contactless checkouts for customers without the need for POS terminals. Automatic checkout, at unattended retail stores, is also in the plan. Verizon is also working with Aifi. The financial details between the three companies have not been disclosed.</p> <p>&nbsp;</p>