A car computer of a modern car, presenting digital content and e-commerce options

Why Self-Built Automotive Payment Tech Will Make You Outrun Competitors

The future of automotive will not care how fast your car can go. Or how snappy it can look. Instead, innovation will centre around what a car can do. As a manufacturer, you already witness the shift towards connected vehicles, with high-end telematics and web-enabled computers under the hood. Those cars can communicate with external e-commerce applications and service platforms. And that brings technical challenges. One of the most pressing for car manufacturers: Providing a solid automotive payment system to handle all in-car commercial activities. 

One may be tempted to turn to the obvious choice: Turn-key payment software by 3rd parties. But once you scale up, the problem of such an approach will, too. And off-the-shelf solutions begin to show their drawbacks. 

The alternative would be to choose the payment orchestration model and build up your very own payment infrastructure together with a business and/or a software partner ideally with many years of experience in the payment domain. This article will help you answer the following questions:

  • Which use cases require connected car payments?
  • What are the advantages of custom-built payment solutions over standard 3rd-party  payment systems?
  • How will you benefit from payment orchestration realized with the help of a technology partner?

Let’s go for the answers! 

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