Paypal Car Integration Coming In Future

Paypal could integrate its technology to your car so that you may be able to automatically trigger payments while passing through a toll bridge, park your car or while visiting a fuel station. This was revealed in a recent conversation by Paypal President Scott Thompson. He said,

“Companies are building automation into cars, so that when you pull into a parking spot and you park for 62 minutes, you pay for that 62 minutes. Why can’t the car authenticate you when you’re dispensing fuel? Why can’t it authenticate you when you go through a toll booth?”

Thompson conceded that the only requirement here would be to provide a secure payment and authentication system which Paypal is striving to provide. You can watch the complete conversation about Paypal’s future payments strategy in the video embedded below

[via GigaOm]