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New Research Reveals Drivers' Strong Appetite for Seamless In-Car Payment Services

By Advos

TL;DR

US and German drivers highly value easy-to-use in-car payment systems, offering a competitive advantage for OEMs.

Research by Drive Research presents real-world drivers with two in-car payment systems to gauge interest and opinions.

Convenient in-car payment functionality improves driving experience, showing the potential for a better automotive future.

Drivers prefer user-friendly in-car payment systems, indicating a shift towards integrated car services and brand loyalty.

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New Research Reveals Drivers' Strong Appetite for Seamless In-Car Payment Services

A first-of-its-kind user experience report reveals significant consumer demand for integrated in-car payment services, indicating a potential new revenue stream for automotive manufacturers. The study, conducted by Drive Research, demonstrates that drivers in the United States and Germany are eager for streamlined, technology-driven payment solutions within their vehicles.

The research found that 100% of US drivers and 93% of German motorists believe an easy-to-use in-car payment system would improve their driving experience. Moreover, 70% of US motorists and 67% of German drivers expressed willingness to pay a premium for vehicles with advanced in-car payment functionality.

Key findings highlight that drivers want comprehensive payment services for driving-related transactions such as parking, electric vehicle charging, fueling, and toll payments. Notably, 97% of participants in both markets would consider using in-car payments across multiple services if the system is user-friendly.

The study also revealed that user experience is critical to adoption. Complicated registration processes could deter potential users, with 77% of German drivers and 70% of US participants indicating they would be discouraged by complex enrollment procedures.

Manufacturers risk losing customer loyalty by offering poorly executed payment systems. An overwhelming 87% of US drivers stated that intelligent in-car payment integration could significantly influence their future vehicle purchasing decisions.

The research underscores a growing market opportunity for automotive manufacturers to differentiate themselves by providing sophisticated, integrated digital services that prioritize convenience and user experience.

Curated from 24-7 Press Release

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