Connected Car
And soon, they’ll be able to make payments from the front seat of their car. The Road AheadElectric car makers were the originators of in-vehicle payments. While in-vehicle payment data should be highly secure, as payment card data protection as well as fraud prevention technologies are robust enough to provide an adequate level of protection, there are some areas of concern that are being looked into. The latest collaboration between the automotive and fintech industry is meeting the growing need for contactless payments, prompting more automakers to equip their upcoming models with more in-vehicle payments systems. The latest innovation in payments continues to ensure that consumers have the most seamless, frictionless, and most convenient payment experience possible.