Pay For Your Insurance Trip by Trip in Your Car

Car IQ has developed what it said is the first payment solution developed for vehicles and passenger car fleets that enables the vehicles to transact directly with card networks, banks and service providers. Its underlying technology is based on a patented machine identity verification process that enables vehicles to automatically initiate payments for services such as tolls, fuel, parking and more. So you may even be able to pay for your usage based insurance and rates could vary by driver, route and so on....Perhaps i could also get real time pre-trip offers from different insurers in-car when I punch in the route!

Source: pyments.com

Previous
Previous

Planck Changing SME Underwriting

Next
Next

Self Driving Cars Legal By 2021 - UK