In-Vehicle Payment: Hyundai & Xevo Put Your Wallet on Wheels

– Concept brings in-car credit card payment capabilities and convenience to customers via Hyundai infotainment screens

– In-car credit card payment will be available with major brands via Xevo Market

FOUNTAIN VALLEY, Calif., May 23, 2018 /PRNewswire/ — Right now, you can find and pay for things with your smartphone, smartwatch or computer. With this in mind, Hyundai is developing technology that will allow customers to find and pay for coffee, gas, and parking using their car’s infotainment screen. In the future, Hyundai will connect cars with popular brands using its new partner, Xevo, to bring in-vehicle payment to customers.

“These new services work with the Hyundai Blue Link connected-car system to enhance the driving experience. This is why we have selected scenarios that are part of daily drives and longer trips. Offering this level of convenience is part of our ongoing effort to create best-in-class ownership experiences,” said Manish Mehrotra, director, digital business planning and connected operations, Hyundai Motor America. “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.”

Xevo is the global leader in data-driven user experiences for the automotive industry. Their groundbreaking product is Xevo Market, a merchant-to-driver commerce platform that uses the vehicle’s infotainment screen. Xevo Market launched at the end of 2017 and is already available in millions of vehicles. Initially, Market will let Hyundai owners find and pay for coffee, fuel, and parking. These services could expand to restaurant reservations, order-ahead takeout food, curbside pick-up, and EV charging, all from the convenience of a Hyundai vehicle. Xevo also will help create the Hyundai Wallet payment platform that securely stores the customer’s credit cards or PayPal account information. These experiences and features will comply with industry distracted driving guidelines. Some of these in-vehicle payment features may not be available when the car is being driven.

“The in-vehicle payment platform makes it possible for Hyundai customers to enjoy smarter, more efficient drives, and creates an opportunity for brands to directly reach consumers in their cars,” said Dan Gittleman, CEO, Xevo. “Our innovative technology makes it possible for our partners to deliver the time-saving conveniences that consumers want. We are very pleased to work with Hyundai to offer features, services and merchant partners that truly enhance the driving experience and simplify people’s daily lives.”

To learn more about how Xevo is developing in-vehicle payment options, as well as understand more about other connected car technology, follow our blog posts or contact our team.

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