‘Hyundai Pay’ is the newest effort by automotive firms to make in-car funds a factor

Hyundai Ioniq 6
Photograph by Patrick George for The Verge

Hyundai launched a brand new function known as “Hyundai Pay” that lets homeowners of the 2024 Hyundai Kona pay for parking at a number of thousand areas instantly from their automotive’s infotainment display. It’s the newest instance of the auto business’s multiyear effort to make in-car funds an actual factor.

Customers enter their most well-liked bank card into the app on their infotainment screens, which then can be utilized to pay for parking at taking part Parkopedia areas. The automobile then makes use of its mobile connection to speak with Parkopedia’s software program to finish the transaction.

Private particulars are stored safe utilizing tokenization, which replaces card account particulars with a novel digital…

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