Intel in Payments

Merchants and service providers have to put in far more focus on the experience itself to differentiate their services. The ultimate goal has been to make the experience as invisible, as simple and as seamless as possible, which has given rise to the term “Uberization”, coined after Uber experience of a taxi rides.   Solution providers are looking for easier ways to deploy commerce-enabled experiences without the heavy lifting of integrating highly vertical product offerings.

There are many companies in the market that can differentiate and bring to market innovation via software. However Intel is in a unique position to enable innovation in the hardware and software.

Intel® Data Protection Technology for Transactions

In preparation for future needs and disruptions, Intel is investing in a number of activities including payments with wearable devices, bitcoin technologies, and enabling consumer devices to be contactless PCI certifiable POS devices. There are many other initiatives including those related to payments in the automotive and health sectors under investigation.

At 2015 Money 20/20, Intel is hosting an invite only reception to demonstrate some of these innovations with our partners as well as offer a sneak preview of items scheduled to be brought in to market in 2016. The payments journey has just begun and Intel will continue to invest, partner and innovate in this space.