News > FinTech

Coming soon to a gas station near you: A car (or smartphone) that pays for your next refill

By NexChange
FinTech

kia car

No more fumbling for your wallet or your smartphone.

In a new deal inked between FIS and SAP, your car's computer system will be able to pay for your next trip to the gas station.

Mobile payments are hot -- but not nearly as widespread as everyone dreams. Acccording to one study, in 2013 only 1% of gas station customers used their mobile phone to pay to fell 'er up.

Could this be the tipping point? Perhaps. Think of all those gas stations from coast to coast and spending a tad less time on a cold, rainy night at the gas pump. Sounds pretty compelling.

Oh, and if you insist, you can use your smartphone rather than the car to pay.

Photo: loubeat

Subscribe to our Newsletter

Be one of the first to experience the future of financial services