In-car Payment Systems Unlock New Opportunities for M2M Economy

Written by ihor.starepravo | Published 2021/06/04
Tech Story Tags: automotive | automotive-tech | payments | software-engineering | fintech | tech | technology-trends | digital-payments

TLDR The potential of in-car payments will reach its peak within the machine-to-machine economy of the future. 135 million US consumers spend $212 billion on buying things during their commute. Only 16.7% of actively spending consumers use payment technology built into a connected car. In-car payment technology can provide a more natural purchase experience in sync with the mobility context, with speed and convenience similar to a mobile app. Once Level 4+ autonomy emerges and proliferates the market, in-vehicle payments will leap forward.via the TL;DR App

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Written by ihor.starepravo | Embracing technology to make self-diving cars a reality. Head of Automotive at Intellias
Published by HackerNoon on 2021/06/04