IN-VEHICLE PAYMENT SERVICES MARKET ANALYSIS
Global In-Vehicle Payment Services Market: Key Developments
In February 2020, Ford Motor Company, introduced its mobility and connectivity solution, FordPass. With this solutions customers can access their automobile and seek breakdown assistance remotely.
In January 2020, Hyundai Motor Company introduced the Genesis GV80 platform for the in-vehicle payment purpose.
In November 2020, Volkswagen Passenger Cars India, announced the launch of its limited TSI edition Polo and Vento vehicles power-driven by a powerful, economical, and compact 1.0I TSI VS6-compliant engine.
In September 2021, BP Ventures announced the investment of US$ 11.9 million in a leading in-car digital payments provider in Europe, ryd.one. With this investment, the company will assist ryd to expand in the international market.
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