Sheeva.AI has announced that its in-vehicle payment technology is now available in Citro?n cars in India.
The mentioned functional solution is based on the SheevaConnect product suite. The technology is available in the Citro?n C3 Aircross SUV for vehicles featured in showrooms across India. The relevant information is contained in the company’s press release.
In-vehicle payment technology will allow owners of the mentioned model cars to pay for fuel at 32,000 stations across India. Customers will be able to use their preferred Unified Payments Interface (UPI) service provider through the MyCitro?n Connect mobile app.
The algorithm for applying the technology is simple. Initially, the driver of the car pulls up to a SheevaConnect-enabled gas station. After that, attendants dispense the fuel and scan a QR code. The driver then departs, receiving a digital receipt processed through the MyCitro?n Connect mobile app.
The company’s press release notes that other cases for using in-vehicle payment technology will come soon. In this case, parking fees and tolling are implied.
A set of Sheeva.AI products is being implemented all over the world. The company’s press release notes that its database displays more than 2 million fuel pumps, parking spaces, chargers for electric vehicles, and other service points.
Last November, Sheeva.AI has teamed up with Visa Acceptance Solutions. The purpose of this collaboration was to launch a tokenization platform for in-vehicle commerce.
Sheeva.AI uses the Visa Cybersource Token Management Service to support its reusable tokenization platform for in-vehicle payments, using the exact location of the vehicle to make transactions at the service point.
Mercedes-Benz began using Visa technology to enable native payments in the car when the introduction of Mercedes pay+ on some new models of this manufacturer started in March last year. The mentioned technology allows customers to pay for digital services and on-demand hardware upgrades using a fingerprint sensor.
Probably, the integration of fintech solutions into functional vehicle systems can become an additional argument for those who are currently trying to answer such a question as whether is now a good time to buy a car. The capabilities provided to the user during the operation of the auto are an important characteristic and advantage.
Serhii Mikhailov
Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.
