New advances in technology have enabled virtually every device to be connected to the internet creating a new “internet of things”, or IoT.
Yet, the killer app for IoT is commerce. The Internet of Commerce Things (IoCT) has now grown far beyond just mobile phones to encompass wearables and everyday objects that have embedded payment capabilities such as watches, clothes, virtual reality goggles, home appliances and even new cars. The technology that powers the IoCT cloud is card-linking.
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