From solving critical security and manageability issues, to addressing connectivity concerns for payment processing, Intel Internet of Things brought secure end-to-end solutions for IoT transactions to key vertical markets at Transact 15 in San Francisco. At this year’s event, Intel demonstrated how Intel IoT solutions enable seamless transactions on any device, anywhere, and announced a key collaboration that will combine Intel IoT technology with Ingenico Group’s secure payments for the Internet of Things.
Intel and Ingenico Announce Secure Payments Agreement for IoT
Intel Senior Vice President and General Manager, Internet of Things Group, Doug Davis (left) and Ingenico CEO Philippe Lazare announce a secure payment agreement for the Internet of Things at Transact 15.
“We are very pleased to enter a collaboration with Intel, deploying secured payment acceptance into new connected devices,” said Philippe Lazare, chairman and CEO, Ingenico Group.
“This is a great example of how innovation can simplify the purchasing experience and further enhance the merchant-consumer relationship. Bringing secure payment into connected devices will root our payment acceptance expertise in the Internet of Things.”
“The shift in liability this October will be a major milestone in the United States for banks and credit card companies, but especially for retailers,” said Doug Davis, senior vice president and general manager, Internet of Things Group, Intel. “Intel and Ingenico Group are working to bridge the retail experience and security gap while also making sure devices are easy to deploy and manage so we don’t create new burdens for the merchants.”