Drivers and passengers accustomed to ordering from the car on their mobile phones will someday consider mobile ordering and paying using technology built in the connected car as a regular part their daily commute.
BOSTON (PRWEB) December 17, 2018
Cars have become more than just basic transportation. Technology drives automotive innovation, and the typical car now contains between 25 and 50 microprocessors. A new research report from Mercator Advisory Group, The Connected Car: Still in First Gear for Merchant Commerce, discusses the emerging market for consumers in cars to order and pay for items such as food, fuel, beverages, and parking using technology built into the car.
“Cars are becoming rolling mobile devices for on-the-go consumers to order and pay for coffee or a snack, as well as for the convenience of ordering meals for takeout or delivery. Drivers and passengers accustomed to ordering from the car on their mobile phones will someday consider mobile ordering and paying using technology built in the connected car as a regular part their daily commute. For now, however, the landscape of connected car systems remains fragmented and evolving. The connected car has a way to go before it achieves wide acceptance by consumers and merchants,” said Raymond Pucci, Director, Merchant Services at Mercator Advisory Group, and author of this report.
Highlights of this research report include:
- Early attempts to commercialize connected car commerce
- Connected car payments market opportunities
- Current connected car ecosystem
- Vertical market growth prospects
- Opportunities and challenges impacting connected car systems
This report is 14 pages long and has 7 exhibits.
Companies mentioned in this report: Amazon, Apple, Applebee’s, Audi, Best Buy, Chevron, Dunkin’ Donuts, Exxon Mobil, Fiat Chrysler, Ford, General Motors, Google, Honda, Hyundai, IHOP, Kia, Mastercard, Nissan, Nuance, Parkopedia, Priceline.com, Samsung, Shell, Sirius XM, Starbucks, Subaru, TGI Fridays, Visa, and Volkswagen.
Members of Mercator Advisory Group’s Merchant Services and Emerging Technologies continuous advisory services have access to this report as well as the upcoming research for the year ahead, presentations, analyst access, and other membership benefits.
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About Mercator Advisory Group
Mercator Advisory Group is the leading independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors. Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.