Tired of whipping out your wallet to buy coffee or pay for gas? It looks more and more like swiping a card will be a thing of the past. Hyundai is the latest auto manufacturer to introduce an in-car payment system. Right now, Hyundai's system is at the concept stage, which means that it is still being evaluated for production potential.
Hyundai's current system is a "projection" system, which means it is actually based in the user's smartphone and simply projected onto the car's screen, Cason Grover, senior group manager of Vehicle Technology Planning at Hyundai, explains via email.
"The proof of concept is built to potentially use CarPlay and/or Android Auto to deliver the experience to vehicles," Grover says. "We are considering launching this in production through Apple and Google's processes and are also studying a 'built-in' solution utilizing in-vehicle software and Blue Link [telematics] connectivity."
Grover describes the system's features as "extensions of navigation." Vehicle navigation systems have, for some time, been able to direct users to gas stations, restaurants and public parking. With Hyundai's system, users will be able to order food in advance based on favorite previous orders, be directed to gas stations that offer in-car payment and be routed to parking lots with available parking and a pre-pay option.
"The ultimate idea is to offer a Hyundai wallet that stores payment methods for use at various businesses," says Grover.
The benefits of this system may help Hyundai capture the interest of new car shoppers. There is also potential for Hyundai to profit directly off the use of the systems, since Grover says some of Hyundai's partner brands do offer revenue-sharing models.