Vodafone, Sumitomo and Mastercard Partner to Enable Autonomous Payments in Freight and Logistics
Tuesday, October 15, 2024
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Posted by: Sierra Lindemann
A new embedded payments technology from Vodafone, Sumitomo and Mastercard will allow machines in the freight, shipping and logistics sectors to autonomously handle transactions, such as fuel payments and port charges. Launching in the UK and rolling out across Europe, this service enables direct payments between devices, leveraging IoT technology to streamline operations and reduce manual intervention.
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