Internet Of Things (iot) Technology And The Future Of Payments ( Case Of Amazon-go)

Abstract

This paper aims to identify the current payment methods that are implemented through internet of things technology. After outlining the main ideas of the IoT concept and its payments, analyze its evolution and investment, focusing on the invisible Amazon Go payment method. The study found that there is a growing trend of IoT-based applications, and it will grow rapidly in the field of payment services. Moreover, Amazon Go is leading the way in IoT payments that are changing retail outlets