Visa has joined forces with SiriusXM Connected Vehicles Services to unveil a new in-vehicle payment solution.
Under the partnership, manufacturers using SiriusXM’s connected vehicle services will be offered the SiriusXM e-wallet. The e-wallet will be integrated into the dashboard of a vehicle.
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SiriusXM Connected Vehicle Services senior vice president John Jasper said: “Visa is the world’s leader in digital payments and our Connected Vehicle Services group has deep roots and a broad reach in the auto industry.
“Our work with Visa is a significant step in establishing the next generation of vehicle-to-everything connectivity, transforming the vehicle into a ‘hub’ that provides for real-time, convenient transactional services to drivers and passengers.”
The new solution will enable Visa account holders to make payments for coffee, gas, parking, movie tickets, among others, in-vehicle.
Payments will be authenticated through biometric technology such as voice as well as touchscreen commands.
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By GlobalDataIn order to support secure transactions, technologies including the Visa Token Service will be used.
Visa vice president of IoT platforms Olabisi Boyle said: “SiriusXM’s solid network with automotive manufacturers and established consumer interfaces, combined with our payment expertise, will help fast-track the endless opportunities for drivers to safely and securely accomplish tasks during their commute.”
