aster.cloud aster.cloud
  • /
  • Platforms
    • Public Cloud
    • On-Premise
    • Hybrid Cloud
    • Data
  • Architecture
    • Design
    • Solutions
    • Enterprise
  • Engineering
    • Automation
    • Software Engineering
    • Project Management
    • DevOps
  • Programming
    • Learning
  • Tools
  • About
  • /
  • Platforms
    • Public Cloud
    • On-Premise
    • Hybrid Cloud
    • Data
  • Architecture
    • Design
    • Solutions
    • Enterprise
  • Engineering
    • Automation
    • Software Engineering
    • Project Management
    • DevOps
  • Programming
    • Learning
  • Tools
  • About
aster.cloud aster.cloud
  • /
  • Platforms
    • Public Cloud
    • On-Premise
    • Hybrid Cloud
    • Data
  • Architecture
    • Design
    • Solutions
    • Enterprise
  • Engineering
    • Automation
    • Software Engineering
    • Project Management
    • DevOps
  • Programming
    • Learning
  • Tools
  • About
  • Solutions
  • Technology

Verizon Business And Mastercard Partner To Bring 5G To The Global Payments Industry

  • aster.cloud
  • July 13, 2021
  • 3 minute read

Verizon Business and Mastercard announced a strategic partnership expected to drive transformational solutions for the global payments and commerce ecosystem. From contactless shopping and autonomous checkout technology to Cloud Point of Sale (POS) solutions, Mastercard and Verizon Business will collaborate to deliver scalable innovations that drive the industry forward and create new experiences for consumers and businesses alike.


Partner with aster.cloud
for your next big idea.
Let us know here.



From our partners:

CITI.IO :: Business. Institutions. Society. Global Political Economy.
CYBERPOGO.COM :: For the Arts, Sciences, and Technology.
DADAHACKS.COM :: Parenting For The Rest Of Us.
ZEDISTA.COM :: Entertainment. Sports. Culture. Escape.
TAKUMAKU.COM :: For The Hearth And Home.
ASTER.CLOUD :: From The Cloud And Beyond.
LIWAIWAI.COM :: Intelligence, Inside and Outside.
GLOBALCLOUDPLATFORMS.COM :: For The World's Computing Needs.
FIREGULAMAN.COM :: For The Fire In The Belly Of The Coder.
ASTERCASTER.COM :: Supra Astra. Beyond The Stars.
BARTDAY.COM :: Prosperity For Everyone.

Verizon and Mastercard will work closely to unlock Internet of Things (IoT) sensor connectivity with near real-time edge computing to power the fintech, payments and banking industries, in addition to working to arm SMBs with hyper-automated and immersive commerce experiences. This includes:

  • Enabling smartphones or connected devices to seamlessly accept payment: Mastercard’s commitment to delivering contactless payments at scale will be coupled with Verizon 5G to turn certain connected devices into commerce-enabled devices. This includes Tap on Phone, which allows any business to deliver new and best-in-class contactless consumer experiences by turning qualifying smartphones into acceptance devices.
  • Unlocking touchless retail shopping experiences: Verizon 5G and Mobile Edge Computing will be integrated with Mastercard’s retail technology solutions to reduce hardware requirements for autonomous checkout in-store, with a goal of faster deployments and new use cases, such as mobile updates, voice and video ordering, and more.
  • Creating new ways to consume physical and digital goods: Verizon and Mastercard will collaborate to create a digitally motivated network that allows both firms to insert new, innovative solutions that can entice further personalized consumer shopping experiences. This includes potential use cases such as access control for unattended retail stores and home door lock.
  • Empowering small business digital readiness: Verizon and Mastercard will continue to explore ways that 5G mobility, business internet and near real-time edge computing can provide real time access to industry best practices customized for SMBs through Mastercard’s Digital DoorsTM curriculum, helping businesses drive greater efficiencies and effectiveness in their online operations to meet customer needs.
  • Enhancing the bill pay experience for Verizon customers: Verizon will tap Mastercard’s Bill Pay Exchange™ real-time messaging network to enable enhanced, immediate communication between consumers and billers. Bill Pay Exchange will allow Verizon to streamline bills paid through digital banking channels, digitize paper bills and deliver a mobile-first solution, reducing costs and enhancing the payment experience for Verizon customers. Verizon will also leverage technology from Ethoca, a Mastercard company, to quickly identify and resolve fraud.
Read More  Verizon Teams With Microsoft To Offer Private 5G Mobile Edge Computing

“Business needs and consumer demands constantly fluctuate. Critical components of long-term success are the ability to remain agile and align with strategic financial and payments partners that have the tools and capabilities to drive industries forward,” said Sampath Sowmyanarayan, CRO, Verizon Business. “Coupling Verizon’s leading global IP network and transformative 5G technology with Mastercard’s deep industry expertise, leading services and solutions, and a strong commitment to innovate, is a partnership that aligns perfectly with what we are striving to achieve at Verizon and one that can create game-changing solutions.”

At Mastercard’s New York City Tech Hub, located in the Flatiron District, Mastercard and Verizon will test and embed 5G to accelerate the pace of innovation and collaboration. Together, Mastercard and Verizon plan to explore 5G and Mobile Edge Computing technology and use cases, while also enhancing the overall experience for Mastercard employees.

“Emerging technology such as 5G and Mobile Edge Computing will undoubtedly reshape how we interact with each other, making it all the more critical for these exchanges – particularly payments – to be trusted and anticipate further changes,” said Linda Kirkpatrick, president, North America at Mastercard. “Through this collaboration, Mastercard and Verizon’s platforms, which connect billions of consumers, businesses, banks and governments around the world, will be a force in driving transformational change.”

Learn more about Verizon’s 5G technology.


For enquiries, product placements, sponsorships, and collaborations, connect with us at [email protected]. We'd love to hear from you!

Our humans need coffee too! Your support is highly appreciated, thank you!

aster.cloud

Related Topics
  • 5G
  • Mastercard
  • Verizon
You May Also Like
View Post
  • Technology

Building secure, scalable AI in the cloud with Microsoft Azure

  • July 5, 2025
View Post
  • Computing
  • Multi-Cloud
  • Technology

Turns out OpenAI is the customer behind Oracle’s mysterious $30 billion cloud deal

  • July 3, 2025
View Post
  • Computing
  • Multi-Cloud
  • Technology

A looming hyperscaler exodus? UK IT leaders are thinking of ditching US cloud providers – here’s why

  • June 26, 2025
View Post
  • Computing
  • Multi-Cloud
  • Technology

Prioritize security from the edge to the cloud

  • June 25, 2025
View Post
  • Computing
  • Multi-Cloud
  • Technology

6 edge monitoring best practices in the cloud

  • June 25, 2025
Genome
View Post
  • Technology

AlphaGenome: AI for better understanding the genome

  • June 25, 2025
View Post
  • Computing
  • Multi-Cloud
  • Technology

Pure Accelerate 2025: All the news and updates live from Las Vegas

  • June 18, 2025
View Post
  • Computing
  • Multi-Cloud
  • Technology

‘This was a very purposeful strategy’: Pure Storage unveils Enterprise Data Cloud in bid to unify data storage, management

  • June 18, 2025

Stay Connected!
LATEST
  • 1
    Building secure, scalable AI in the cloud with Microsoft Azure
    • July 5, 2025
  • 2
    Turns out OpenAI is the customer behind Oracle’s mysterious $30 billion cloud deal
    • July 3, 2025
  • aster-cloud-erp-bill_of_materials_2 3
    What is an SBOM (software bill of materials)?
    • July 2, 2025
  • aster-cloud-sms-pexels-tim-samuel-6697306 4
    Send SMS texts with Amazon’s SNS simple notification service
    • July 1, 2025
  • Camping 5
    The Summer Adventures : Camping Essentials
    • June 27, 2025
  • aster-cloud-website-pexels-goumbik-574069 6
    Host a static website on AWS with Amazon S3 and Route 53
    • June 27, 2025
  • 7
    A looming hyperscaler exodus? UK IT leaders are thinking of ditching US cloud providers – here’s why
    • June 26, 2025
  • Prioritize security from the edge to the cloud
    • June 25, 2025
  • 6 edge monitoring best practices in the cloud
    • June 25, 2025
  • Genome 10
    AlphaGenome: AI for better understanding the genome
    • June 25, 2025
about
Hello World!

We are aster.cloud. We’re created by programmers for programmers.

Our site aims to provide guides, programming tips, reviews, and interesting materials for tech people and those who want to learn in general.

We would like to hear from you.

If you have any feedback, enquiries, or sponsorship request, kindly reach out to us at:

[email protected]
Most Popular
  • 1
    There’s a ‘cloud reset’ underway, and VMware Cloud Foundation 9.0 is a chance for Broadcom to pounce on it
    • June 17, 2025
  • 2
    ‘This was a very purposeful strategy’: Pure Storage unveils Enterprise Data Cloud in bid to unify data storage, management
    • June 18, 2025
  • 3
    Pure Accelerate 2025: All the news and updates live from Las Vegas
    • June 18, 2025
  • Oracle adds xAI Grok models to OCI
    • June 17, 2025
  • What is cloud bursting?
    • June 18, 2025
  • /
  • Technology
  • Tools
  • About
  • Contact Us

Input your search keywords and press Enter.