Verizon Business signs 5G contactless payment deal with Mastercard


FILE PHOTO: A Verizon store in Superior, Colorado, U.S., July 27, 2017. REUTERS/Rick Wilking/File Photo

STOCKHOLM (Reuters) - Verizon Business on Tuesday signed a deal with Mastercard Inc to use 5G and wireless technology for contactless payments and provide an autonomous checkout service for retail stores.

Telecoms operators such as Verizon are seeking to expand into new businesses ranging from robotics to fintech companies that they think will benefit from the growing adoption of 5G technology.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read