PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

Audi Drives Connected Car Features

By Raymond Pucci
February 23, 2018
in Analysts Coverage
0
1
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Faster Payments

Faster Payments

Car road toll transponders have become a must-have gizmo to stick on your windshield. These devices provide a line busting service at toll booths plus a seamless payment. As the following article describes, Audi has introduced a toll payment system that is integrated within the rearview mirror.

Aside from all the announcements about autonomous driving tests and driverless ridesharing services coming down the road, some automakers are moving one small step at a time toward connecting cars for practical reasons for drivers.

Audi is a good example. The automaker just introduced a vehicle-integrated toll payment system on some models so that car owners don’t have to stick an additional device onto their windshields to pay for road tolls.

The Integrated Toll Module (ITM) is a toll transponder built into the vehicle’s rearview mirror. The technology is compatible with existing tolling agencies nationwide, which can be linked with a driver’s new or current account, according to Audi.

Audi has been working on another down-to-earth innovation, connecting some of its cars with traffic lights. Audi created a feature called Traffic Light Information so that its cars can communicate with the traffic infrastructure in certain cities and metropolitan areas, which started testing in Las Vegas some time ago, detailed in a video from Audi.

When a car comes near a traffic light, a dashboard display shows the time remaining until the traffic light turns green. The idea is that eventually traffic light systems and cars will be interconnected so that lights will be more reflective of traffic on any given road.

Audi is not alone in the traffic light department, as General Motors has been testing receiving real-time information from specially equipped traffic lights in Michigan. While companies like Waymo, Apple, Uber and others go the longer ball of self-driving cars, some automakers are plodding along, introducing one practical connected feature after another.

The connected car is in its early stages, and certainly payments will be playing a key role in the types of offerings that providers will make available to the driving public. Several apps, such as GasBuddy, are now available for gas station location finders and mobile payments. Meanwhile General Motors recently introduced Marketplace, a service that works within the car infotainment system, enabling drivers to pay for gas plus coffee at Starbucks and Dunkin’ Donuts. Watch for others to follow before too long.

Overview by Raymond Pucci, Associate Director, Research Services at Mercator Advisory Group

Read the quoted story here

1
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Tags: ContactlessMobile Payments

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    supply chain payments

    The Payment Process: The Supply Chain’s Most Overlooked Cyber Risk

    July 17, 2025
    Navigating Global Fintech Regulations Through Strategic Regulatory Arbitrage

    Navigating Global Fintech Regulations Through Strategic Regulatory Arbitrage

    July 16, 2025
    AI Is Turning Accounts Receivable Into a Strategic Powerhouse

    AI Is Turning Accounts Receivable Into a Strategic Powerhouse

    July 15, 2025
    Embedded Finance

    Embedded Finance: Bringing Payments Under a Single Umbrella

    July 14, 2025
    Making Real-Time Payments a Reality

    Fulfilling the Promise: Making Real-Time Payments a Reality

    July 10, 2025
    mortgage

    The Rich Benefits of In-House Payment Systems

    July 9, 2025
    digital cards

    Beyond Plastic: Why Digital Cards Are the Future

    July 8, 2025
    What Premium Card Overhauls by Chase and Amex Reveal About the Credit Card Market

    What Premium Card Overhauls by Chase and Amex Reveal About the Credit Card Market

    July 7, 2025

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2024 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result