Offline Embedded Payments begin in Japan
JCB, one of Japan’s major card issuers, is teaming up with IoT banking technology Keychain to bring the same NFC technology to IoT networks and smartphones even if they’re operating offline. The technology provisionally clears payments when neither the device nor payments terminal has internet access, an industry-standard known as “double offline”. Notably, the shoppers’ experience is as easy as swiping a smart watch at a store payment terminal with this system. Source: https://www.iotworldtoday.com/2021/12/21/taking-embedded-payments-offline-in-japan/
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