Hyundai preps in-car payments

Car maker Hyundai is working on an in-vehicle credit card payment service that enables drivers to find and pay for coffee, gas and parking from their "infotainment" screen.

  19 3 comments

Hyundai preps in-car payments

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

The firm is working with automotive software outfit Xevo to connect its cars with brands through a merchant-to-driver commerce platform.

Initially focusing on the basics of coffee, fuel and parking, the service could expand to restaurant reservations, order-ahead takeout food, curbside pick-up and EV charging, says Xevo.

Xevo will also help Hyundi build a wallet platform to securely store customer credit card and PayPal account information.

Manish Mehrotra, director, digital business planning and connected operations, Hyundai Motor America, says: "Once our owners experience placing a to-go order using their vehicle's touchscreen and seamlessly routing to the location, we know they're going to love it.

"Offering easy-to-use payment options as part of navigation will simplify the driving experience and maximize time spent with eyes on the road."

In-car payments are becoming increasingly common - Chevrolet and oil giant Shell are rolling out a system that lets drivers pay for their gas through the touchscreen in their vehicle.

Sponsored [Webinar] Reaping the benefits of Hyper-Personalisation with AI and Application Modernisation

Related Company

Keywords

Comments: (3)

Bradley Howard

Bradley Howard Head of Digital Media at Endava

Why would you do this using your car's wallet, rather than your mobile phone?

Urs Meier

Urs Meier Solution Architect Payment Solutions at Tata Consultancy Services

Agree, could be easily covered with mobile payments. What about charging electric car? this could be seamless covered based on IoT technology limited by customer consent.

Ketharaman Swaminathan

Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions

Why would you pay with your car wallet or mobile wallet rather than your plastic card? Why would you pay with your car wallet or mobile wallet or plastic card rather than cash? End of the day, just as Edmund Hillary/George Mallory reportedly said they climbed Mount Everest because "it's there", companies hope that there are enough EH/GM-like people out there who will buy their products because "it's there". 

[Webinar] Unifying Card Programmes: The cost-reduction imperativeFinextra Promoted[Webinar] Unifying Card Programmes: The cost-reduction imperative