Overview
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Explore microservices architecture for payment systems in connected device environments through this 10-minute conference talk from Conf42 IoT 2025. Discover how the evolving payments landscape creates new challenges for legacy systems and learn why microservices offer superior solutions for IoT payment processing. Examine core microservices principles including device authentication, transaction authorization and aggregation, settlement processes, and fraud detection mechanisms. Understand event-driven architecture implementation and API gateway protocols for seamless device communication. Analyze a practical smart city scenario demonstrating real-world application of these concepts, while covering essential operational discipline and security considerations for IoT payment systems. Gain insights into future trends and developments in connected device payment architectures.
Syllabus
Introduction to the IOT Conference
The Changing Payments Landscape
Challenges with Legacy Payment Systems
Introduction to Microservices Architecture
Core Principles of Microservices
Device Authentication in IOT
Transaction Authorization and Aggregation
Settlement and Fraud Detection
Event-Driven Architecture
API Gateway and Protocol Translation
Real-World Application: Smart City Scenario
Operational Discipline and Security
Conclusion and Future Outlook
Taught by
Conf42