WEBVTT
X-TIMESTAMP-MAP=LOCAL:00:00:00.000,MPEGTS:0
00:00.009 –> 00:04.590
Digital payment solutions have become so
commonplace that some customers now regularly
00:04.599 –> 00:09.460
leave the house without the one key item that
was once indispensable a wallet.
00:09.569 –> 00:14.100
And while it’s convenient to leverage apps like
apple pay and flash your phone at the checkout
00:14.170 –> 00:19.709
ideas are simmering as to which other form
factors might serve as future ways to settle a
00:19.719 –> 00:22.850
tap.
A recent survey explores Americans comfort
00:22.860 –> 00:26.569
level with the prospect of using their vehicle
as a digital wallet.
00:26.579 –> 00:32.791
And surprisingly, a small majority like this
idea, vera mobility asked drivers of vehicles
00:32.801 –> 00:37.812
that are model year 2019 or newer, their
thoughts on using their car to pay for things
00:37.821 –> 00:44.091
like parking, tolls or drivers and found a
widely receptive audience of the 2000 people
00:44.102 –> 00:49.032
surveyed, 54% said they’d enable such a feature
if it were available.
00:49.152 –> 00:55.633
According to auto blog, 91% of new cars sold in
2020 work in considered connected vehicles.
00:55.793 –> 01:01.034
So it stands to reason that integrating a
payment system into these tech heavy devices
01:01.043 –> 01:04.454
would be a next step.
And while survey respondents said they’d pay
01:04.463 –> 01:09.704
more for increasingly connected devices, more
than two thirds said they don’t want to pull
01:09.713 –> 01:14.234
out their phones to enable them.
Meaning seamless features like a vehicle as
01:14.244 –> 01:18.433
digital wallet might fit the bill.
And along with this transition comes another
01:18.444 –> 01:24.325
perhaps more desirable one for automa as more
features tailored to driver experience become
01:24.335 –> 01:28.236
available.
The idea of vehicle subscription services is
01:28.246 –> 01:31.916
normalized.
The survey said 40% of respondents had either
01:31.926 –> 01:36.155
paid for or renewed subscription services
directly through their vehicles.
01:36.615 –> 01:40.166
Infotainment systems.
Auto blog said these findings quote could pave
01:40.176 –> 01:45.676
the way for more automakers to offer more
advanced fee based features in the future.
01:45.695 –> 01:47.875
I’m Ben Munson and this is manufacturing now.