Friday, March 2, 2018

Virtual Reality Payments

The AR/VR space is getting interesting.

To turn virtual transactions into real revenue, Payscout uses APIs in Oracle Financials Cloud to connect to banks and credit card networks on all types of transaction platforms. And with Oracle ERP Cloud, Payscout is able to streamline transaction flows from purchase to payment receipt within minutes, without manual processing. Payscout’s innovative technology is helping the company differentiate its brand and leapfrog competitors, whose apps are still limited to web and mobile commerce platforms.

The company hopes the new app will increase its share of the international ecommerce market, which is expected to reach $1 trillion in sales by 2020, increasing from today’s $375 billion, according to a recent study from Accenture and AliResearch.

No comments:

Post a Comment