The Mobile Payments Conference (MPC) at the Atlanta Westin Perimeter Hotel concluded today after two and a half days of new payment technology information shared from the industry’s tech leaders. One key highlight of the event focused on cloud-based contactless payments using COTS Consumer-Off-The-Shelf devices such as cell phones, tablets, and wearables instead of hardwired traditional payment terminals. The concept of using these ubiquitous devices for payment allows transactions to occur virtually anywhere and offers multiple new use cases outside of traditional retail and restaurant applications.

Discover Global Network sponsored a panel of experts to detail the benefits of cloud-based mobile payments to the large audience of payment professionals. Felix’s CEO Owen Newport delivered the key benefits including the secure elements in the cloud versus in the local device, reduced hardware costs, device flexibility, and low-cost payment acceptance virtually anywhere!

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