Insights With Trent Munday

The payments space has been evolving pretty rapidly over the past few years. The developments have largely been enabled by advances in technology. As the technological evolution propels us towards the Internet of Things, where everything is connected, payments will become embedded. That means that your Smart Fridge will know when you're running low on milk and order it automatically from an online grocery store that will deliver it via drone to your front door. That entire transaction will happen without any involvement from you. As Artificial Intelligence improves, one day soon your Smart Home will probably negotiate with the Smart Power Grid to get the best energy deal for your home. Again, the payment will be embedded in the things - ie: the Smart Home and Smart Grid. Welcome to the Future. It's just around the corner. #paymentsolutions #paymentsindustry #internetofthings