Consumer retailer payment processes require a myriad of partners, internal and external processes, adherence to PCI compliance, and PIP requirements, and they are expensive to operate and support as changes are required.
Goals and Objectives
Provide retail customers to a variety of electronic payment options — mobile, digital, one-click, QR code, cryptocurrency, buy now pay later, card present, and card not present processes — that make payments convenient, safe, secure, and simple in the stream of life.
Mobility, cloud management, multifactor authentication, biometric authentication, APIs, mobile apps, mobile devices, payment devices, one-click digital apps, managed services, PCI, PIP compliance testing, next-generation fraud digital security, mobile infrastructure and MDM/UEM, and multicloud management, QR code scanners, and risk management applications
Use Case Summary
Next-generation payments enable the customer to pay anyone from anywhere at any time, seamlessly, securely, and privately. Retailers will engage the digital consumer with seamless payments in the stream of life — so that, wherever goods are purchased, any barriers to safe and secure payments are removed, increasingly masking complexity at the point of purchase — perhaps by leveraging biometrics and multifactor identification as the primary digital mechanism to pay for goods, eliminating physical barriers.