Accenture Helps Visa Build Connected Car Commerce Proof-of-Concept
March 02 2015 - 11:03AM
Business Wire
Visa and Accenture Explore Internet of
Things-Based Commerce Opportunities
Accenture (NYSE:ACN) is working with Visa Inc. to explore the
future of Internet of Things-based commerce by developing a
connected car proof-of-concept. Ademo simulating this use case will
be showcased by Visa at Mobile World Congress, March 2-5 in
Barcelona, Spain (Exhibit Booth D40, Hall 6), which shows the
scenario of customers ordering food from the car while on-the-go
using cellular connectivity, as well as Bluetooth technology and
beacons, to offer an enhanced user experience.
“This next phase of payments is being driven in large part by
mobile technology and it involves many new players and innovative
ways to shop, pay and get paid – including the car,” said Bill
Gajda, Senior Vice President of Innovation and Strategic
Partnerships, Visa Inc. “With the connected-car proof-of-concept,
we are integrating some of the latest technologies that will
enhance on-the-go payments. Accenture’s related expertise has made
them an ideal company to help us with this strategic
initiative.”
Accenture has helped Visa with the connected car commerce
initiative since the project’s genesis, designing, building and
testing the proof-of-concept. Accenture developed the applications,
integrated several technologies for extracting information from the
car, and built the technical foundation for machine-to-machine
commerce based on secure and seamless payment transactions.
“We are pleased to team with Visa to explore the future of
Internet of Things-based commerce by building the connected car
commerce proof-of-concept,” said Anand Swaminathan, Global Growth
& Strategy Lead for Accenture Digital. “Visa has great
vision in this space and continues to innovate and explore new ways
to make purchases more convenient for consumers, setting the bar
even higher in terms of friction-less payment transactions.”
Accenture has significant experience in both digital commerce
and connected transportation, and will continue to team with
organizations such as Visa and others in the broader digital
ecosystem to develop innovative, relevant Internet of Things-based
products and services to provide real business benefits across
every industry.
About Accenture
Accenture is a global management consulting, technology services
and outsourcing company, with more than 319,000 people serving
clients in more than 120 countries. Combining unparalleled
experience, comprehensive capabilities across all industries and
business functions, and extensive research on the world's most
successful companies, Accenture collaborates with clients to help
them become high-performance businesses and governments. The
company generated net revenues of US$30.0 billion for the fiscal
year ended Aug. 31, 2014. Its home page is www.accenture.com.
Accenture Digital, comprised of Accenture Analytics,
Accenture Interactive and Accenture Mobility, offers a
comprehensive portfolio of business and technology services across
digital marketing, mobility and analytics. From developing digital
strategies to implementing digital technologies and running digital
processes on their behalf, Accenture Digital helps clients leverage
connected and mobile devices; extract insights from data using
analytics; and enrich end-customer experiences and interactions,
delivering tangible results from the virtual world and driving
growth. Learn more about Accenture Digital at
www.accenture.com/digital.
About Visa Inc.
Visa Inc. (NYSE:V) is a global payments technology company
that connects consumers, businesses,
financial institutions, and governments in more than 200
countries and territories to fast, secure and reliable
electronic payments. We operate one of the world's most
advanced processing networks — VisaNet — that is capable
of handling more than 56,000 transaction messages
a second, with fraud protection for consumers and
assured payment for merchants. Visa is not a bank and
does not issue cards, extend credit or set rates and fees
for consumers. Visa's innovations, however, enable its
financial institution customers to offer consumers more
choices: pay now with debit, pay ahead of time with
prepaid or pay later with credit products. For more information,
visit usa.visa.com/about-visa, visacorporate.tumblr.com and
@VisaNews.
AccentureFrançois Luu, +
33-6-60-53-84-28francois.luu@accenture.comorDamon Leavell, +1
917-452-4083damon.leavell@accenture.comorJoanna Vos, +
44-7500-835588joanna.r.vos@accenture.com
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