Car manufacturer Hyundai has launched a system that lets US drivers find and pay for things with their vehicle’s touchscreen using securely stored credit card information. The system will launch with the 2024 Hyundai Kona, with an additional nine models getting it via model year changes or over-the-air updates.
Hyundai Motor America is bringing in-vehicle payments to customers with the introduction of Hyundai Pay. „The Hyundai Pay system allows customers to find and pay for things with their vehicle’s touchscreen using securely stored credit card information.” according to the press release.
Hyundai has partnered with Parkopedia to launch Hyundai Pay’s first service, a new parking payment system. This system enables U.S. drivers to locate, reserve and pay for parking at 6,000 locations – all from inside their vehicle, after an initial set-up.
Hyundai Pay launches with the all-new 2024 Hyundai Kona available in dealerships this fall. An additional nine Hyundai models will get Hyundai Pay via model year changes or over-the-air updates and include Parkopedia parking payment services. In the future, the Hyundai Pay platform will also have additional features and electric vehicle related use cases.
Hyundai Pay Platform Highlights
Offers customers features via the vehicle’s touchscreen and the Bluelink connected car system to enhance the driving experience
The scalable in-car payments system will expand to include other uses and selected scenarios that are part of daily drives and longer trips
Offering this level of convenience is part of Hyundai’s ongoing effort to create best-in-class digital ownership experiences
Offering easy-to-use payment options as part of navigation will simplify the driving experience
Payments are kept secure using tokenization (replacing card account details with a unique digital identifier, or token, that keeps data from being compromised)
“Hyundai Pay is the latest example of our continuous advancements in smart mobility and software-defined vehicles,” said Olabisi Boyle – vice president, product planning and mobility strategy, Hyundai Motor North America. “With Hyundai Pay’s scalable e-commerce platform, we can elevate customer convenience and extend their digital reach by making every day needs—like finding and paying for parking—easier, swifter and safer via our connected-car, integrated-cockpit and secure-transaction technology.”
Through the integration of Parkopedia’s Payment Platform and extensive parking data, Hyundai provides a convenient and seamless parking experience for drivers, removing the stress of finding and paying for off-street garage parking, with on-street curbside services to be provided in a future update.
Drivers can also access the Hyundai Pay system through Hyundai’s Bluelink connected car services app. This provides a seamless connected service whether drivers are at home or on-the-go, with the app enabling drivers to view, book and retrieve past parking sessions for future journeys.
The new service helps to address the stress experienced by many US drivers when searching for parking, with 94% facing difficulties when locating parking – including 18% who encounter issues finding a space on every parking search, according to Parkopedia’s 2023 Global Driver Survey. There is also significant demand amongst American drivers for being able to find parking while inside their vehicles, with 58% wanting to be able to search for parking through their vehicle and 68% wanting to pay for parking through their in-car media system.
“American motorists report significant challenges in finding parking and a distinct desire for in-car parking services, with U.S. Hyundai drivers showing a particular interest in accessing parking information through their vehicles,” Hans Puvogel – Chief Operating Officer at Parkopedia, said. “We are proud to be the first in-car commerce service to launch on the future-proof Hyundai Pay platform, which shows significant faith in the auto-grade quality of our services from one of the leading automakers. We look forward to additional models and vehicle services going live in the future.”
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[1] Pre-production vehicle and product execution shown.
[2] Pre-production vehicle and product execution shown.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
