The Payment Space

What even is Cash?
The Internet of Things is seeking to make cash transactions a thing of the past. As smartphones, fingerprints, iris scans, and heartbeats are entering the Internet of Things payment space, even credit & debit cards are at risk of becoming obsolete.

Ultimately, the end goal of the IoT payment space is to reduce the risk surrounding the billions of transactions carried out every day.

Below are some examples of devices that occupy the payment space for the Internet of Things.

Examples

 * Nymi Band
 * Venmo
 * Apple Pay