Demand M2M
The demand for self-paying machines is high and continues to grow. However, the potential of the Internet of Things can only be exploited if the devices can also settle payment transactions among themselves.
Machine-to-machine payments are one of the most pressing future topics for financial service providers. In the study "Internet of Payments", PPI AG has analysed challenges, opportunities and risks of this new type of payments from the perspective of payment service providers. This is the first Europe-wide detailed study on the subject of payments in the Internet of Things.
75 billion devices could be digitally interconnected by 2025. For the Internet of Things (IoT) to develop its potential, direct transactions between machines without any human intervention are a mandatory requirement. This means that the European payments market is about to undergo a major upheaval. Financial service providers must prepare themselves now if they want to play an active role in this future market.
The "Internet of Payments" study provides an overview of the possible dimensions of M2M payments and shows the areas in which payment service providers must now become active. The clock is ticking!
The groundwork for the future of payments is being laid now, not years from now!
Fill in the form to immediately get the download link to our study "Internet of Payments".
Michael Titsch
Managing Consultant
+49 160 90106088
Michael.Titsch(at)ppi.de
Benno Rach
Senior Manager
+49 151 65869762
Benno.Rach(at)ppi.de