This Wallet Would Never Fit In Your Pocket

Staff
By Staff
2 Min Read

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Digital payment solutions have become so
commonplace that some customers now regularly

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leave the house without the one key item that
was once indispensable a wallet.

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And while it’s convenient to leverage apps like
apple pay and flash your phone at the checkout

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ideas are simmering as to which other form
factors might serve as future ways to settle a

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tap.
A recent survey explores Americans comfort

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level with the prospect of using their vehicle
as a digital wallet.

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And surprisingly, a small majority like this
idea, vera mobility asked drivers of vehicles

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that are model year 2019 or newer, their
thoughts on using their car to pay for things

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like parking, tolls or drivers and found a
widely receptive audience of the 2000 people

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surveyed, 54% said they’d enable such a feature
if it were available.

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According to auto blog, 91% of new cars sold in
2020 work in considered connected vehicles.

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So it stands to reason that integrating a
payment system into these tech heavy devices

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would be a next step.
And while survey respondents said they’d pay

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more for increasingly connected devices, more
than two thirds said they don’t want to pull

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out their phones to enable them.
Meaning seamless features like a vehicle as

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digital wallet might fit the bill.
And along with this transition comes another

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perhaps more desirable one for automa as more
features tailored to driver experience become

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available.
The idea of vehicle subscription services is

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normalized.
The survey said 40% of respondents had either

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paid for or renewed subscription services
directly through their vehicles.

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Infotainment systems.
Auto blog said these findings quote could pave

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the way for more automakers to offer more
advanced fee based features in the future.

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I’m Ben Munson and this is manufacturing now.

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