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5G IoT Payments

Mobile infrastructure and cloud enhancements together with the advent of edge computing that 5G standardizes, projects mobile payments to gain significantly in terms of speed, security, authentication, and user experience. IoT Payments from the fast-emerging connected devices, wearables and smart equipment will generate payment volumes that could soon replicate or exceed the volumes from the current payment types on mobile, web or in store purchases.

With 5G creating ubiquitous network of networks, MNOs can recapture the role played by the Telcos in the past with payment transaction network infrastructure, and ramp up capability for securely routing and switching mobile, internet transactions as a premium service. NewNet team is rich in several decades of industry experience offering industry leading payment solutions for Telcos/MNOs for payment network services and transaction network services.


NewNet’s solutions leverage 5G’s distributed computing models with the STC application for Mobile payment routing, transport and secure network access, empowerment of connected devices for IoT Payments, and offering cloud native solutions for both edge and core cloud compute segments. These solutions hold immense capability to enable the Mobile Network Operators and Mobile Service Providers to carve out expanded payment network service roles and direct payment acquiring, processing roles.




Contact [email protected] for additional information.

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