Why Automakers Are Entering the Digital Payments Race Through the...

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2026-08-14 07:16:40 -

Why Automakers Are Entering the Digital Payments Race Through the In-Vehicle Payment Services Market

According to a new report by Polaris Market Research, the global in-vehicle payment services market was valued at USD 5.2 billion in 2024 and is projected to reach USD 50.4 billion by 2034, expanding at a CAGR of 25.60% over the forecast period. Growth is underpinned by advancements in automotive connectivity, rising adoption of contactless payment technologies, and expanding...

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