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Visa, SiriusXM Team For In-Vehicle Commerce Solution
RADIO ONLINE | Monday, January 7, 2019 |
Visa and SiriusXM Connected Vehicles Services announced Monday onstage at the Consumer Telematics Show in Las Vegas a new in-vehicle payment solution. The two companies are working to enhance the way customers spend their time in-vehicle and plan to offer the SiriusXM e-wallet to manufacturers who deploy SiriusXM's connected vehicle services, a vehicle platform in North America serving multiple major automotive brands.
The SiriusXM e-wallet is designed to integrate into the dashboard and will allow drivers and their passengers to complete and make purchases for everyday tasks on-the-go such as shop and pay for coffee, find and pre-pay for gas, locate and pay for parking, purchase movie tickets, pay tolls and more. Users will activate and authenticate payment with their Visa account using biometric authentication, like voice and touchscreen commands, to eliminate driver distractions during the transaction.
Powered by Visa and SiriusXM application programming interfaces (APIs), SiriusXM says the solution can draw on a range of technologies to enable safer and more secure commerce, including the Visa Token Service, which allows an extra layer of security for payments.
"Teaming up with SiriusXM is a big step forward in Visa's quest for connected commerce across the automotive ecosystem. SiriusXM's solid network with automotive manufacturers and established consumer interfaces, combined with our payment expertise, will help fast-track the endless opportunities for drivers to safely and securely accomplish tasks during their commute," said Visa VP/IoT Platforms Olabisi Boyle.
"Visa is the world's leader in digital payments and our Connected Vehicle Services group has deep roots and a broad reach in the auto industry," added SiriusXM Connected Vehicle Services Senior VP John Jasper. "Our work with Visa is a significant step in establishing the next generation of vehicle-to-everything connectivity, transforming the vehicle into a ‘hub' that provides for real-time, convenient transactional services to drivers and passengers."
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