Payscout recently launched a payment application that makes it easy to pay in VR environments. At the Money20/20 conference in Copenhagen, Denmark, Payscout launched Payscout VR Commerce, which allows consumers to purchase and purchase in a VR environment.
The Payscout VR Commerce application integrates the functionality of the Visa card and allows registered users to access existing accounts or digital wallets. The Visa card provides an immersive 360-degree experience as well as a virtual store. Consumers can enjoy a safe and accessible VR payment experience without having to remove the VR headset.
Payscout CEO Cleveland Brown said: “This is a watershed between payment and VR. We see many prototypes and simulations of VR shopping, but this is the first time you can experience real business in VR.†After launching the application and entering payment credentials , users are free to choose electronic retail business.
The virtual store also allows users to rotate the product, viewing the appearance of the product from all angles. Payscout VR Commerce also includes a menu check experience that securely confirms the user’s purchase and integrates payment credentials and shipping details on the phone into the application. After the user successfully pays, the merchant will receive all the shipping information.
Brown said: "This moment represents the next stage in the development of the shopping experience. We have seen the emergence and development of e-commerce and mobile commerce platforms, but Payscout VR Commerce is the world's first VR business platform."
Payscout is a global payment processing service provider that connects businesses with consumers through credit card, debit card, ATM and alternative payment networks in over 100 countries.
Payscout VR Commerce is currently available for download through the Google Store and supports Google Carton Glasses. The app will also land on the iOS platform and other VR platforms soon.
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