PYMNTSPayments

Connected Cars Could Steer the Next Shopping Decision

By PYMNTS

AI summary of the source article

Waymo launched a transit rewards program allowing riders to link a Visa card to earn $2.85 in Waymo Cash when using transit and Waymo within two hours. Other mobility initiatives, such as Paythru and Visa's fleet wallet and Mastercard's partnership with ryd, are similarly combining isolated vehicle-related payments. Connected vehicles can leverage route, location, and vehicle status to deliver real-time embedded offers for fuel, charging, or retail stops. According to a PYMNTS Intelligence survey of 2,754 consumers, 81% said embedded offers influence where they shop, highlighting the growing commercial value of controlling the payment interface within connected transport.

Why it matters

Connecting payment credentials across connected cars and transit allows platforms to deliver targeted offers that influence where drivers stop, what they purchase, and which payment methods they use.

Key facts

  • Waymo riders who use a linked Visa card for a Waymo trip and public transit within two hours receive $2.85 in Waymo Cash across 27 Bay Area transit agencies.
  • Paythru and Visa introduced a fleet wallet in March, and Mastercard partnered with ryd on a European fleet payment system in May.
  • A survey of 2,754 consumers found that 81% said embedded offers would influence where they shop.