Aisin’s In-vehicle payment solution introduces a transaction-based revenue model to the driving experience. IVP allows drivers* to securely pay for fuel, parking and EV Chargers which lays the foundation for additional use-cases and advertising. This end-to-end solution provides the technical and business processes to securely and profitably deploy payment services.
We are introducing location-based authentication. Using Aisin’s High Accuracy location, the payment trigger happens via the location-based “Vehicle Present” paradigm (Similar to Card Present and Card Not Present). This extra layer of security, along with the second authorization (user confirmation), significantly reduces the risk of disputes, refunds, fraud, etc.
MarketPlace vs Contextual
Previous commerce solutions required drivers to signup with individual providers like Shell, Dominos, etc. Our solution requires no action for the driver – no searching through the IVI, no service provider setup. Use the payment method already registered on file with OEM, or enter payment info once. Drive up, and the payment application automatically triggers. The payment service appears when the driver needs it and disappears when the driver no longer needs it.