Payments News

How connected cars are driving connected payments

Apr 06, 2018

Technologies associated with IoT are inexpensive, low powered and frequently based on common software platforms. Recent rapid development in the automotive/haulage industries allows the integration of this tech into cars/trucks. These developments have coincided with the simultaneous rise in fintech with the use of technology supporting financial services such as payments, fostering a commonality of innovative development across these domains.

There are innovative opportunities created by merging one industry with another and also driven by the IoT trend.

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