Cybersecurity
Worldpay Looks to Bring Real Payments to Virtual Worlds
- London payments firm will bring VR payments to games companies
- Firm finds real world geography matters for VR acceptance
Using the Vive virtual reality headset, manufactured by HTC.
Photographer: Pau Barrena/BloombergThis article is for subscribers only.
Worldpay Group Plc, the London-based payments processor, has created a way to handle debit and credit card transactions in virtual reality.
After building the solution over the past 18 months, Worldpay will target companies that produce virtual reality games and possibly others, such as fashion retailer Asos Plc and furniture seller Ikea, that have begun experimenting with VR as a sales tool, Nick Telford-Reed, the payment firm’s director of technology innovation, said in an interview.