In-Vehicle Payment System Hardware Market Size - By Component, By Payment Application, By Technology, By End Use, Growth Forecast, 2025 - 2034

In-Vehicle Payment System Hardware Market Size

The global in-vehicle payment system hardware market size was estimated at USD 671.8 million in 2024. The market is expected to grow from USD 737.9 million in 2025 to USD 1.94 billion in 2034, at a CAGR of 11.4% according to the latest report published by Global Market Insights Inc.

The increase in connected and autonomous vehicles around the world is driving interest in integrated payment systems. Integrated hardware, such as NFC modules, biometric sensors, and secure chips can facilitate payment transactions in real-time, while creating ease of user experience alongside mobility-as-a-service ecosystems through automated payments for tolls, parking, and fueling.
 

The acceleration of in-car payment solutions, with the emphasis on digital and contactless payments post-pandemic, is also pushing adoption. Drivers want to have secure, frictionless payments. This is leading OEMs to expand their investments in vehicle-embedded hardware in support of payments (RFID, NFC, Bluetooth payments, etc.) which also link with infotainment systems and digital wallets with external payment networks.
 

City governments and authorities are rolling out upgrades using DSRC and V2X technologies for tolling, parking, and EV-charging infrastructure. These upgrades will require in-vehicle payment hardware to function correctly, which encourages interoperability within the ecosystem. Ultimately, used in this way, more secure modules and interfaces become adopted which can be cross borders and automate vehicle-to-infrastructure payments.
 

Automakers increasingly partner with fintech and payment companies to integrate secure transaction modules into vehicles, further establishing more monetization opportunities to a wide diversity of use cases, including subscriptions, in-car commerce, and digital services. Hardware suppliers are also benefitting from higher uptake of secure elements, biometric devices and connectivity modules being integrated into vehicles.
 

In October 2025, Volkswagen Brazil has partnered with Nuvei to introduce an in-car payment solution operating with the VW Play infotainment platform. The new payment service allows drivers to pay for subscriptions, tolls, parking and services straight from the dashboard. This partnership represents a tremendous advance in integrating secure and hassle-free payment hardware within a connected automobile.
 

The rapid expansion of electric vehicles in the Asia-Pacific region, particularly in China, Japan, and South Korea, drives the integration of in-vehicle payment hardware with electric vehicle charging infrastructure. Auto manufacturers continue to embed secure NFC and cloud-connected chips to allow for automated billing and authentication. Auto manufacturers continue to embed secure NFC and cloud-connected chips to enable automated billing and authentication, creating seamless experiences for users and aiding smart energy payment ecosystems.

In-Vehicle Payment System Hardware Market Trends

Car manufacturers are integrating digital wallets and payment capabilities into their infotainment solutions. By working with fintech such as Visa, Mastercard, and PayPal partnerships, payments for fuel, tolls, or services can occur in real time. This evolution is increasing customer convenience, enhancing the OEM ecosystem, and changing cars into mobile transaction platforms.
 

The increase in EVs and autonomous vehicles are pushing the development of automated, secure payment systems. New in-vehicle hardware is able to facilitate payment for charging, tolls, or services without any intervention or input from an operator. This not only improves the user experience but also presents efficiencies and monetization in the autonomous mobility and sustainable mobility sectors as well.
 

More vehicle manufacturers are producing vehicle systems equipped with fingerprint, facial, and voice recognition sensors. The biometric modules increase transaction security and personalization while decreasing fraud risk. These options will create safer, faster, and more consumer-friendly payments and will fulfil the growing global demand for data protection and compliance with regulations.
 

As next generation connectivity standards like 5G and Vehicle-to-Everything (V2X) networks are deployed, even more reliable and faster transactions will occur inside a vehicle. These networks will also allow more communication among vehicles, infrastructure, and cloud services. Contactless payment transactions can occur rapidly and in real time, enhancing both the speed of payment and processing. The emergence of connected and smart vehicles will also speed development of faster and low-latency payment transaction hardware.
 

In October 2025, The State Administration for Market Regulation in China has opened an investigation into Qualcomm's acquisition of Autotalks, an Israeli connected-vehicle chipmaker. This action highlights intensified scrutiny of foreign ownership of hardware related to communication in automobiles, which is affecting international supply chains and establishment of competition in the secure, payment-enabled vehicle connectivity technologies industry.
 

In-Vehicle Payment System Hardware Market Analysis

Learn more about the key segments shaping this market

Download Free PDF

Based on component, the in-vehicle payment system hardware market is segmented as payment interface modules, biometric authentication devices, display & infotainment units, connectivity components, sensors & controllers and embedded security hardware. The payment interface modules segment is dominant and is estimated to grow at a CAGR of 12.5% from 2025 to 2034.
 

• In-vehicle payment interfaces are incorporated into infotainment systems to facilitate cashless payments for fuel, tolls, and parking. The use of contactless and tokenized payments provides a high level of convenience and consumer safety. Original Equipment Manufacturers (OEMs) and first-tier suppliers are making substantial investments in standardized, automotive-grade modules that guarantee robustness, reliability, and interoperability across a range of vehicles.
   
• Various biometric sensors, such as fingerprint, facial, and palm vein sensors, will be incorporated in vehicles to secure baseless payment systems. Such devices assist with driver authentication, personal settings, and fraud prevention. OEMs will utilize tamper-proof hardware and secure elements to store sensitive payment information in a compliant manner.
   
• Modern infotainment displays now have the potential to connect with in-vehicle payment systems. They allow for simple user interfaces that facilitate the act of conducting transactions and engaging with services. They facilitate integration of a touch screen, voice control, and connected apps to perform transactions. These systems also mean drivers will be able to make payments for tolls, parking, fuel, and subscriptions without having to leave their car, leading to enhanced simplicity and increased engagement with digital vehicle services.
   
• In March 2025, Mitchell 1, that provides automotive repair/shop management software, established a strategic partnership with 360 Payments to integrate payment processing into its platform. This will facilitate seamless vehicle service payments at garages, which may lead to enhanced in-vehicle or IoT payment integration.
   

Learn more about the key segments shaping this market

Download Free PDF

Based on payment application, the in-vehicle payment system hardware market is fragmented into fuel & EV charging payments, toll collection, parking fees, drive-through & retail payments, subscription & in-car services. The fuel & EV charging payments segment is the dominant segment and estimated to hold a share of 39% in 2024.
 

• New in-vehicle payment systems are being created to allow drivers to make payments for fuel and electric vehicle (EV) charging directly from their vehicle's infotainment system, making refueling easier and more efficient. These systems offer support for contactless payments and integration with existing payment systems, which increases consumer choice and decreases the need for cash or credit cards for payment.
   
• Transportation agencies are also starting to implement electronic toll collection systems that will allow for toll payment without the need for a physical toll booth, a transponder like SunPass, or other devices to collect the fee. These systems rely upon technologies including RFID, DSRC, and GPS to identify completion of a trip across the roadway or bridge (in real-time) and then collect, in real-time, payments for the fee to travel the roadway or bridge. Electronic toll collection may assist in improving traffic flow and reducing congestion.
   
• In-vehicle payment systems are also facilitating seamless payment for parking fees, allowing drivers to make payment and access the parking space without ever leaving their vehicle. These systems interface with parking infrastructure, allowing users to have real-time parking space availability, pricing that adjusts upon availability, and automated billing for their stay - thus reducing the need to process payment physically while improving the parking experience generally.
   
• In July 2025, Car IQ, a connected vehicle payment startup, completed an $8 million funding round and enlisted FT Partners to help expand its technology. With plans to broaden its payment platform access from vehicles, this also enhances its ability to innovate on in-vehicle payment hardware and systems.
   

Based on technology, the in-vehicle payment system hardware market is classified into near-field communication (NFC), radio frequency identification (RFID), dedicated short-range communication (DSRC), cellular (4G/5G), wi-fi/bluetooth low energy. The near-field communication (NFC) is the dominant segment and estimated to hold a share of 29.4% in 2024 and reach market revenue of USD 508.6 million by 2034
 

• NFC facilitates secure, contactless payments for tolls, parking, fuel, and retail in vehicles. It enhances transaction speed, supports mobile wallet payments, and uses tokenization to safeguard against fraud. OEMs are increasingly providing embedded NFC readers with their infotainment and dashboard systems to enable seamless, simple, and interoperable in-car payments.
   
• RFID is utilized heavily for automated tolling, parking, and fleet management. RFID hardware allows vehicles to be identified quickly and accurately. Increased integration into OEM systems permits secure, contactless, and efficient payments. RFID uses contactless scanning to reduce queues and eliminate manual processing.
   
• DSRC is a typical technology used for V2I (vehicle-to-infrastructure) and V2V (vehicle-to-vehicle) communications that provide automated tolling, safety, and traffic management services. DSRC improves latency and reliability, increases transaction accuracy, allows for real-time vehicle identification and transaction processing, while still providing security required in connected vehicles.
   

Based on end use, the in-vehicle payment system hardware market is fragmented into OEM, fleet operators, mobility service providers, toll & parking operators and fuel & EV infrastructure providers. OEM held a market share of 42.1% in 2024 and is anticipated to grow at a CAGR of 10.7% from 2025 to 2034.
 

• OEM (Original Equipment Manufacturers) are embedding payment systems directly into vehicles utilizing infotainment, security modules, and connectivity to facilitate payment transactions in a frictionless experience. They partner with banks and fintechs to enable subscriptions for fuel and parking payment processing, giving added value and monetization, while improving the overall experience to the end-user.
   
• Fleet operators are utilizing in-vehicle payment systems to streamline the way they manage fuel, tolls, and parking costs. The embedded solutions allow fleet businesses to limit their administrative workload, enable accuracy in accounting, and create real-time tracking. Most integrations with fleet management platforms enable applications in analytics, dynamic routing, and cost containment for commercial fleets and logistics.
   
• Mobility providers like ride-hailing and car-sharing services include in-vehicle payment solutions to accommodate paying users for rides, tolls, parking or subscriptions directly. Embedded payments in-vehicle improve the overall customer experience, improve operational efficiency, and enable contactless, frictionless mobility ecosystems.
   

Looking for region specific data?

Download Free PDF

The in-vehicle payment system hardware market in US is expected to hold a share of 86.4% in 2024.
 

• US based vehicle drivers expect present payment functionality to be safe, instant, and contactless, with the ability to be embedded in vehicle user interfaces, applying pressure on OEMs to implement secure elements, biometrics, and integrated wallets. The emphasis in the US market is on PCI-compliant tokenization along with consumer privacy controls that drive both hardware and software requirements, as well as collaboration between vehicles manufacturers and payment networks.
   
• Fintech, payment processors, and Tier-1 suppliers in the US are establishing partnerships designed to standardize vehicle payment stacks, which are accelerating time to market for certified automotive compatible hardware and over-the-air update paths. Collaborative pilots between vehicle manufacturers, payment networks, and toll authorities are creating validated use cases that will ultimately increase consumer trust and facilitate scaling hardware production.
   
• US state agencies are modernizing parking facility payment and tolling rules that allow pilots which innovate billing systems that leverage vehicle telematics. These state pilots are forcing standardized payment modules, interoperability testing, and transaction authentication hardware to satisfy municipalities responsible for procurement and fraud reduction in highly traveled corridors.
   
• In October 2025, Volvo Car USA, the North Carolina Turnpike Authority, and Mastercard engaged in a pilot program that would permit travelers to pay tolls directly via Volvo’s infotainment while using tokenized cards.  It eliminates the need for physical transponders in the vehicle, showcasing in-vehicle payment capabilities to the US highway system.
   

North America in-vehicle payment system hardware market is valued at USD 344 million in 2024 and is estimated to grow at a CAGR of 10.4% from 2025 to 2034. The market in the region is driven by major automakers and suppliers, such as GM, Ford, and Stellantis, have been early to pilot digital wallet integration, in-car fuel payments, and toll payment hardware.
 

• The concept of embedded payments and Original Equipment Manufacturer (OEM) wallets has emerged among automotive manufacturers and infotainment providers who are embedding digital wallets into vehicle experience to enable secure tokenization and build the opportunity for recurring revenues and customer loyalty in the brand’s ecosystem.
   
• Transportation authorities at state and regional toll levels are organizing pilot programs for in-vehicle toll payments, removing the dependency on transponders, and engaging their customers by but all of this would not be possible without supporting infrastructure. Some of the pilots require secure geolocation, the tokenization of payments or secure account storage such as a wallet, and an integration with the existing account systems.
   
• Commercial fleets utilize digital fuels, tolls, parking, and charging payment solutions brought together by connected telematics and embedded hardware in the vehicle to mitigate and improve the record keeping efforts in their routes and improve economics of routes. OEMs can automate reconciliation on billing lines through integrated payment hardware and integrated with fleet management, it lowers fraud and provides an opportunity to charge per vehicle.
   
• In October 2025, Volkswagen selected Nuvei to deliver embedded payment solutions for connected-vehicle services.  The collaboration affords VW the opportunity to provide payment modules for subscriptions, charging, parking, and commerce through its infotainment systems, realizing important OEM–fintech integration around the world.
   

The in-vehicle payment system hardware market in Europe is expected to grow at a CAGR of 12.4% to USD 450.1 million by 2034.  European governments actively invest in smart mobility and ITS (Intelligent Transport Systems) programs, linking vehicles to urban infrastructure for tolling, parking, and public transport payments.
 

• European OEMs are focused on enabling in-car payments (native, compliant, and secure) with user authentication and data, there's a strong emphasis on security, privacy and compliant data use under the GDPR for in-vehicle payments method. The hardware evolution for payment hardware may include embedded secure elements, multi-factor biometric modules, and vehicle HSM to support storing tokens.
   
• Vehicle makers are partnering with banks, card networks, and fintechs to provision payment rails and tokenize vehicles. Those partnerships can help drive down the time to market for certified hardware stacks but also standardize required interfaces allowing brands to collectively grow acceptance for vehicle-initiated transactions in Europe for fuel, parking and subscriptions.
   
• European cities are interested in integrating tolling, curb management and parking with connected vehicles, which requires DSRC V2X as well as a secure payment module demonstration. In addition, this has stimulated Tier-1 suppliers to offer hardware to integrate multiple protocols and secure gateways to link vehicles to municipal payment systems and mobility services.
   

The in-vehicle payment system hardware market in Germany is expected to hold 32.6% market share in 2024 and experience significant and promising growth from 2025 to 2034.
 

• German OEMs and automotive suppliers put an emphasis on automotive-grade biometric authentication and embedded secure elements to support compliant, user-friendly payment. Hardware investments shift to tamper resistant SEs, TPMs, and in-vehicle HSMs related to vehicle-initiated commerce in response to consumer demand for convenience that drives security guarantees.
   
• Government EV incentives and subsidies continue to accelerate EV adoption, triggering the need for integrated charging payment interfaces inside the vehicle, further driving demand for NFC and tokenization capable-modules, which are telematics-enabled to enable direct billing for user charge sessions, while interfacing with energy provider backend solutions.
   
• German Tier-1s (telemetry/infotainment/security) partners with OEMs to co-develop the hardware reference design necessary to satisfy strict automotive-grade standards, which will streamline the certification and deployment of payment modules across vehicle lines and retain interoperability with European and any other toll or energy distribution network.
   

The in-vehicle payment systems hardware market in Asia Pacific held a market share of 16.3% market share in 2024, growing at 13.2% CAGR to reach USD 374.1 million by 2034.
 

• The manifestation of large EV markets and established mobile wallets (known regionally as superapp) facilitates the convergence of NFC, QR and tokenization hardware within the vehicle user experience that caters to local wallet ecosystems in APAC. Automakers and third-party suppliers will be focused on ensuring interoperability with regional wallets, allowing for seamless payments for charging, parking and retail in a fragmented market.
   
• Governments throughout APAC are making significant investments in electronic tolling, smart parking and intelligent transportation systems (ITS) and this has resulted in increased demand for in-vehicle modules that support RFID/DSRC -compatibility. These infrastructure investments will also incite OEMs to ship cars with payment capable hardware pre-installed that can be utilized in-region creating a rapid ramp up of hardware volumes and adoption of standards.
   
• Superapp and regional payments companies partner with OEMs and Tier-1 suppliers to create embedded payments flows in vehicle user interfaces (UI), utilizing the existing wallets for consumers. This has allowed for low-friction payments but requires payment-capable hardware to facilitate QR scanning, NFC transactions and secure token storage that is compatible with regional regulatory and PKI requirements.
   

The in-vehicle payment system hardware market in China is estimated to hold market revenue of USD 45.2 million in 2024 and is expected to experience significant and promising growth from 2025 to 2034.
 

• The prevalence of mobile wallets in China (Alipay, WeChat Pay) causes in-vehicle payment hardware to be designed for QR, NFC and local tokenization support. OEMs partner their vehicle UIs with wallet SDKs and hardware to ensure compatibility with local Chinese payment rails and to create their native payment experiences.
   
• Chinese OEMs and domestic suppliers prefer local automotive-grade modules and chipset suppliers; policies to support faster payments to suppliers and strengthening cooperation within the supply chain influences their procurement. It has improved local hardware development and accelerated the domestication of regional certification processes.
   
• China's maturation in EVs and the large investments in robotaxi pilot projects increase demand for automated payment services (charging fees, ride fees) this will push a need for larger in-vehicle to secure elements and V2X connectivity. It will also require in-vehicle payment hardware to support heavy payment volumes, fully OTA capable of providing security updates, and compatible and able to integrate with local mobility platforms.
   
• In September 2025, major Chinese auto makers formally committed to provide faster payment to their suppliers that is part of improved procurement processes.  It has an influence on the financial stability of hardware suppliers, but it also helps to strengthen the resilience of local supply chains for parts like in-vehicle payment modules and electronic components.
   

The Latin American in-vehicle payment system hardware market is projected to grow at a CAGR of 8.3% to USD 116.7 million by 2034.
 

• Price-sensitive markets in Latin America prefer retrofit-enabled in-vehicle payment hardware and low-cost telematics, enabling toll and parking payments without having to purchase vehicles. Suppliers are building modular, low-cost NFC/RFID units, and integrations with smartphones, enabling push payments to legacy fleets and modern payment rails.
   
• Regional superapp and banks work together with OEM and installers to embed payment acceptance in vehicles while integrating local wallets and prepaid schemes, expanding the reach of in-car commerce to the informal and formal economy. Payment hardware sellers are encouraged to support alternative payment methods (QR, NFC, Bluetooth). 
   
• Governments and private tolls and parking operators are moving to upgrade to modern payment infrastructure. The market increasingly prefers vendors that can supply interoperable roadside and in-vehicle modules. Further incentives of ITS upgrades and partnerships with utilities encourage interoperability and standardized hardware for tolling and charging use cases.
   
• In October 2025, REPAY announced a collaboration with Emotive Software to broaden its payment platform into the automotive sector, facilitating efficiencies in digital payment acceptance in dealer and auto loan workflows. This allows REPAY to expand its footprint in vehicle transacting and financing.
   

The MEA in-vehicle payment systems hardware market is projected to grow at a CAGR of 15.0% to USD 93.8 million by 2034.
 

• Gulf states are fast-tracking EV charging deployments and implementing regulated tariffs that necessitate integrated vehicle payment capabilities for charging transactions. The in-vehicle hardware must support capability to tokenize payments, roam across charging networks, and integrate with operator billing solutions to enhance the user experience.
   
• Municipalities and telcos are involved in projects that deal with mobility, which include connectivity, mobility, payment, and navigation services into a single, integrated experience. Tier-1 suppliers and fintech companies therefore are developing hardware together and are developing hardware that supports local payment solutions and mobile wallet interoperability, which will further facilitate in-vehicle payments in urban corridors.
   
• Regional telcos and super-apps (or potentially national payment schemes) are aligning with OEMs and charging operators to pilot in-vehicle commerce and EV charging payments. Those pilots focus on secure elements, cellular/5G connectivity, and local regulatory compliance for payments and data residency.
   
• In September 2025, Alfa Systems (a lending software company) and REPAY entered into a partnership to embed omnichannel payment alternatives (cards, ACH, digital wallets) into auto and equipment finance workflows. This allows for payment processing in the automotive space but could also extend to in-vehicle payment integration in future.
   

In-Vehicle Payment System Hardware Market Share

• The top 7 companies in the in-vehicle payment system hardware industry are Continental, Thales Group, Mastercard Incorporated, Harman, BMW, Daimler, Hyundai Motor Company contributing around 30.5% of the market in 2024.
   
• Continental utilizes over a century and a half of automotive experience to supply its customers with a full range of in-vehicle payment hardware, including payment modules, biometric authentication, and secure communication systems. Continental's suite of solutions are paired with reliability, vehicle integration, and flexibility with new payment technology.
   
• Thales produces secure payment hardware with innovative secure elements, hardware security modules, and biometric authentication solutions. Thales' capabilities stem from expertise in aerospace and defense, as well as financial systems, and focus on creating quality systems designed for automotive usage. The products enable multi-protocol payment transitions between connected vehicles and globally, while easily cooperating with financial institutions, all with high-security measures and reliable performance in an in-vehicle payment ecosystem.
   
• BMW engineers its own payment hardware inside its connected vehicles and provides the hardware experience through mobility services such as car sharing, charging, and transportation solutions. The BMW payment systems use features such as gesture control, vocal activation, and predictive functionalities to learn the user experience over time.
   
• Daimler creates in-vehicle payment hardware for luxury vehicles at Mercedes-Benz that leverages MBUX infotainment and connectivity systems. AI-enabled platforms enable natural language payment interactions, predictive payments, and transaction capabilities for autonomous vehicles. Daimler's focus is on creating intuitive and desirable premium experiences by creating entertainment, navigation, and payments unified in secure, safe, and brand-appropriate automotive ecosystems.
   
• Harman combines automotive infotainment and payment hardware experience to create integrated platforms designed to unify entertainment, navigation, and payments. Harman's existing OEM relationships make integration seamless in-vehicle and provide flexible support for changing payments standards for improved user experience while creating adaptable and future-proof payment solutions for existing entities at the infotainment architecture.
   

In-Vehicle Payment System Hardware Market Companies

Major players operating in the in-vehicle payment system hardware industry are:

• BMW
• Continental
• Daimler
• Harman International
• Honda Motor
• Hyundai Motor Company
• Mastercard Incorporated
• Thales Group
   
• Continental leads the in-vehicle payment hardware market, with a holistic solution that combines payment interface modules, secure connections, and biometric authentication devices. Continental leverages its automotive connection to deliver reliable systems, electromagnetic compatibility, and long-term performance in challenging environments, establishing itself as a trusted partner with integrated vehicle payments.
   
• Thales has a secure payment hardware focus, utilizing cryptographic systems, hardware security modules, and biometric authentication to deliver reliable and secure payments to customers. Thales targets primarily premium vehicle manufacturers and commercial fleet markets, offering additional layers of sophisticated security into their payments ecosystem while also leveraging its global banking relationships to support penetration in the banking and payment markets.
   
• BMW combines automotive manufacturing and proprietary payment hardware integration. BMW's systems are deeply tied into the connected vehicle platform, which supports mobility services like car-sharing and charging. BMW's vertical integration allows it to gain control of the entire customer experience and collect data while balancing seamless payment across a multitude of touchpoints, ultimately bringing value to its larger vehicle ecosystem.
   
• Daimler is concentrating on payment solutions for luxury vehicles, specifically through the Mercedes-Benz brand, with the potential to integrate hardware into the MBUX infotainment and connectivity platforms. Its ecosystem is designed to enhance the notion of premium user experience and occur seamlessly when processing a payment.
   

In-Vehicle Payment System Hardware Industry News

• In January 2025, Continental secured a next-generation secure payment module for EV charging utilizing biometric authentication, quantum-resistant encryption, dynamic pricing support, and multi-transaction processing. The new hardware solves complex EV payment scenarios, while also signaling the rise of in-vehicle payment security again.
   
• In December 2024, Thales took ownership of a specialized automotive cybersecurity firm. The acquisition strengthened Thales’ portfolio of required automotive payment hardware with advanced threat detection, automated threat responses, and integrated security monitoring. This also improves the in-vehicle payment security posture of connected vehicles, amidst rising worries about vulnerabilities stemming from cyber threats to the automotive system.
   
• In November 2024, BMW and Mastercard advanced their partnership through interoperability and deployment of advanced payment hardware, in addition to the integration into next-generation vehicles. The expanded partnership involved biometric authentication, the use of predictive payment service, and reliance on BMW’s mobility platform. Ultimately, the heightened partnership demonstrated the value associated with strategic partnerships between automotive manufacturers and financial service providers.
   
• In October 2024, Mercedes-Benz introduced a new in-vehicle payment platform featuring advanced voice recognition, gesture control for selecting payment methods, and AI-based payment transaction decisions and selections. The new platform uses specialized hardware that has been designed to support safe, intuitive interactions that support multiple payment methods while illustrating the emerging intersection between user experience and artificial intelligence in automotive payment systems.
   
• In September 2024, Hyundai announced they started a pilot program deploying integrated in-vehicle payment systems in several connected vehicles across their fleets. Hyundai will use hardware for in-vehicle payments related to fuel, parking, and tolls, and analyze consumer use decisions, system performance, and reliability to inform wider scale adoption of integrated in-vehicle payments across their vehicles.
   

The in-vehicle payment system hardware market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($Mn) and volume Units) from 2021 to 2034, for the following segments:

Click here to Buy Section of this Report

Market, By Component

• Payment Interface Modules
• Biometric Authentication Devices
• Display & Infotainment Units
• Connectivity Components
• Sensors & Controllers
• Embedded Security Hardware  

Market, By Payment Application

• Fuel & EV Charging Payments
• Toll Collection
• Parking Fees
• Drive-through & Retail Payments
• Subscription & In-Car Services

Market, By Technology

• Near-Field Communication (NFC)
• Radio Frequency Identification (RFID)
• Dedicated Short-Range Communication (DSRC)
• Cellular (4G/5G)
• Wi-Fi/Bluetooth Low Energy  

Market, By End Use

• OEM
• Fleet Operators
• Mobility Service Providers
• Toll & Parking Operators
• Fuel & EV Infrastructure Providers

The above information is provided for the following regions and countries:

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Nordics
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Southeast Asia
• Latin America
  • Brazil
  • Mexico
  • Colombia
  • Costa Rica
  • Argentina
• MEA
  • South Africa
  • Saudi Arabia
  • UAE