The Internet of Things (IoT) has boomed in recent years, from Amazon Echo and Nest Thermostats, to various other devices designed to make peoples’ lives easier. It is predicted that by the end of 2019, there will be 26 billion connected devices worldwide. The next big thing in IoT? Potentially connected cars. Connected cars will be more than just virtual assistants to help drivers operate vehicles more safely. With IoT becoming an integral part of our daily tech consumption, payments is also increasingly integrated into the overall experience, and connected cars are the “ultimate in mobile payments,” if you will. Drivers will potentially be able to automatically purchase fuel, order food, pay for parking, and more, all with their car.
