In a press release earlier in March, Mercedes announced a new initiative using Visa’s Delegated Authentication and Visa Cloud Token Framework technology to facilitate in-car payments in Germany. The news means that customers in Germany can use a biometric fingerprint scanner built into the car to pay for digital services and hardware upgrades. Mercedes expects the feature will lead to payments of additional services, such as support fuel purchases, and will also be rolled out to other EU countries later in the year.
A PYMNTS podcast discusses the deal, which it claims will usher in the next frontier of digital payments. It also touches on how EU regulations will address new technology advancements.
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