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May 24, 2017Blog Posts

Worldpay Looks to Bring Real Payments to Virtual Worlds

Bloomberg:

Worldpay Group Plc, the London-based payments processor, has created a way to handle debit and credit card transactions in virtual reality. After building the solution over the past 18 months, Worldpay will target companies that produce virtual reality games and possibly others, such as fashion retailer Asos Plcand furniture seller Ikea, that have begun experimenting with VR as a sales tool, Nick Telford-Reed, the payment firm’s director of technology innovation, said in an interview.

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