We are excited to announce a new service with Pairpoint, an #EconomyOfThings platform. Together, we are enabling fleet operators' vehicles to make authorized direct payments at charging or fuel stations, while freight companies can enable payments for pre-approved connections along a route, such as port charges, handling, and storage, among various other applications. This is a great next step forward for 🚚#InVehiclePayments #Logistics #Mobility #Innovation #Technology
Pairpoint, Vodafone and Sumitomo Corporation’s Economy of Things business, and Mastercard have launched a new payments service which will allow fleet, freight, shipping, and logistics operators to authorise machines to trade with other machines on their behalf. Pairpoint-enabled devices will be assigned standards-based digital identities stored in their SIMs, which will enable their interaction and trade with other approved devices on Pairpoint’s platform 📶 The service leverages Vodafone’s global Internet of Things (IoT) platform, Sumitomo’s industrial strength, and Mastercard’s Gateway’s payment solutions. It will be available in the UK later this year, followed by expansion into Europe. Read more below ⤵️ https://lnkd.in/eD-e-mgh #IoT #Technology #EconomyOfThings #SIMs