Imagine a world in which there are no awkward cash exchanges with the delivery guy. That world is already here, or, as William Gibson says, "The future is here—it's just not evenly distributed yet." Today, you can pay for pizza using your phone, tablet, with your watch, and soon, with your car or any number of devices that are joining the web at massive volume.
Speaking with Bloomberg at Barcelona's Mobile World Congress, Visa's Ryan McInerney pointed to Apple Pay as a "tipping point" for mobile payments," not because the technology will be so widespread, but because it is the first "real example" for consumers to see the power of mobile payments.
For consumers, it's about making payments effortless, so they can buy what they want, when they want, where they want and how they want.
For tech developers in the payments space, it's about ensuring that consumers' information is safe. And when they're looking for a partner that excels at what they do, they come to Visa to leverage the payments know how that has powered Visa's global system for decades.
"Whether it's a watch or a car, if consumers are connected and they want to shop, we want to make it easy, simple, safe and secure," McInerney said.
For more information, check out the video on Bloomberg.com.