This function is actively embedded in IoT connected vehicles’ IVI systems to make payment as simple as possible for the driver, which is especially meaningful when you make payments for such commodities as parking lots and toll roads on a routine basis without any distraction. For the manufacturers and businessmen, it is an excellent opportunity to establish new partnerships and benefit from cooperation with retailers by enabling contactless advance orders and payments. The in-vehicle payment is a relatively new direction for development and offers a lot of possibilities.
The first one who implemented the payment function at their car’s dash was the GM in 2017. It was meant for payment operations with fast-food restaurants. Now, this function is more extended and wide-spread. In connected cars, the solutions can be implemented via RFID, BLE hardware, or third party APIs. These solutions must support different gateways and have high-security capabilities.