Verizon and Mastercard are bringing 5G to the world of e-commerce to be on the cutting edge of tech solutions in the world of business, retail, and beyond.
Qualifying smartphones will allow business owners to streamline the payment process and simplify their customer experience. Retail transactions will become faster, more streamlined and hassle-free through the reduction of hardware requirements.
The Mastercard Bill Pay Exchange will make paying bills a paperless ordeal while protecting businesses against fraud and identifying any other potential problems at the high speed of 5G.
According to Sampath Sowmyanarayan, CRO of Verizon Business, “Coupling Verizon’s leading global IP network and transformative 5G technology with Mastercard’s deep industry expertise, leading services and solutions, and a strong commitment to innovate, is a partnership that aligns perfectly with what we are striving to achieve at Verizon and one that can create game-changing solutions.”For more information on Verizon and Mastercard’s partnership, check out the entire press release here.