MasterCard looks beyond Apple Pay to virtual reality, connected cars and AI bots

MasterCard chief innovation officer Garry Lyons: “We have a theory within MasterCard that every connected device can be a commerce device.” Louie Douvis Credit card giant MasterCard is predicting an imminent surge in Australians adopting tap and go payments on their smartphones. But it is looking past the likes of Apple and Android Pay to figure out how payments will work inside virtual reality, with artificial intelligence bots and the internet of things. MasterCard’s global chief innovation officer Garry Lyons, who runs its digital payments division as well as its future-focused MasterCard Labs operations, visited Australian staff and clients last week as ANZ revealed it will be the first big bank to allow its customers to use Apple Pay. The furore that erupted among some customers of the other banks…


Link to Full Article: MasterCard looks beyond Apple Pay to virtual reality, connected cars and AI bots