Today in Barcelona at Mobile World Congress, Mastercard announced a partnership with SAP and their Connected Vehicles Network platform.
„Through that collaboration, and over the next six months we will offer consumers in the U.S. the ability to complete live transactions in-vehicle for things like parking, fuel, and food ordering and delivery through a number of pilot programs in select markets. Additionally, we are working with Postmates to offer on demand food ordering and delivery within the vehicle.”, according to the press release.
By engaging with likeminded partners that share our vision of transforming the consumer experience Mastercard can enable:
. new ways to conduct commerce in a completely seamless way, providing added convenience for consumers on the go;
. ways for car manufacturers to further enhance their customer relationships; and
. merchant and bank partners to extend their reach into this new channel.
„The next chapter in the automotive industry is just beginning and I’m excited about the opportunity to explore with others where it will go. In the words of T.S. Eliot, “The journey, Not the destination matters…””, said Stephane Wyper VP, Startup Engagement & Acceleration Who is the Global Lead of MasterCard Start Path, the company’s effort to support innovative early stage startups around the world.
Mastercard commitment has always been to enhance the consumer experience by extending its payment capabilities across the ever growing number of connected devices, so people can simply and securely pay and get paid.
„And with 70 million* connected vehicles expected to be shipped globally by 2022, and 23 million* fully automated vehicles predicted to be on U.S. roads in 2035 representing a new point of interaction that brings commerce directly inside the vehicle.”, Stepane added.
* figures according to Internet of Things Consortium “Connected Car SmartReport: December 2017″.
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:
