Patrick Collison: Machine-to-machine payments near 30000 daily transactions

Patrick Collison: Machine-to-machine payments near 30000 daily transactions
M2M payments approach 30000 daily

Machine-to-machine (M2M) payments are continuing to expand, with transaction volumes approaching 30000 per day, according to Patrick Collison. The rise in M2M transactions highlights increased automation as devices undertake direct financial exchanges. Collison cited recent activity at @mpp, noting the emergence of broader applications for automated payments. The growing volume underlines technology's influence in shifting payment infrastructure toward greater efficiency.

Collison has previously drawn attention to official data tools, highlighting the utility of ONS online resources for evidence-based decision making. He also cited Works in Progress as an important source of online content. Past comments have focused on the role of data and technology in supporting informed analysis.

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