October 10, 2017Blog Posts

Mastercard and WeWork Jointly Creating Experiences to Shape the Future of Shared Spaces

Businesswire:

Mastercard and are creating a digitally-connected environment at WeWork 600 California Street in San Francisco by deploying Internet of Things (IoT) technologies that will reshape how people live, work and play. Mastercard is adding two new solutions to areas within WeWork 600 California Street to create a seamless and fully digitized experience for WeWork members:

  • A metered payment capability for WeWork hot desks. Members are automatically charged for only the amount of time they actually use the desk. This pilot solution, powered by the Cisco Kinetic™ IoT data platform, makes the process seamless and cost effective to members. At the same time it allows WeWork to create more flexible offerings and apply pricing based on real-time utilization of WeWork desk space.
  • frictionless retail experience in WeWork’s Honesty Market that leverages AVA SmoothShop™ from AVA retail and offers WeWork members the ability to purchase any item from the market without having to pull out a physical or digital wallet for payments.

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