Visa, SiriusXM partner for in-car payments

Tuesday 8 January 2019 09:59 CET | News

Visa has announced a deal with SiriusXM to allow vehicle-based mobile payments to use a connected e-wallet from SiriusXM.

The service would be available in future SiriuxXM-enabled vehicles manufactured by car companies that opt to participate in program.

The companies said the connected payment service will allow drivers to pay for everything from coffee to highway and bridge tolls, as well as to locate and pay for parking. The service will use biometric authentication of Visa account holders through voice and touchscreen commands in order to avoid distractions that could endanger drivers or others.

Visa plans to establish virtual payment relationships with secure authentication throughout its retail network as part of the plan. Visa and SiriusXM are in the process of making presentations to automakers.

Sirius also owns Automatic Labs, which allows most vehicles made in 1996 or later to be converted into connected vehicles, the company said.

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Keywords: Visa, SiriusXM, in-car payments, mobile payments, biometrics
Countries: World