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The In Vehicle Payment market is a subset of the Telematics and Vehicle Electronics industry. It is focused on providing payment solutions for vehicles, such as tolls, parking fees, and fuel purchases. This market is driven by the need for convenience and safety, as well as the increasing demand for connected services in vehicles. In Vehicle Payment solutions are typically integrated into the vehicle's infotainment system, allowing drivers to make payments without having to leave the vehicle. This technology is also being used to enable contactless payments, allowing drivers to pay for services without having to handle cash or cards.
Some of the companies in the In Vehicle Payment market include Visa, Mastercard, American Express, Apple Pay, Google Pay, and PayPal. Show Less Read more