Digital Vehicle Wallets Shift Connected Car Payments Into Overdrive

The golden rule for payments is to put yourself in the end users’ place.

That’s because in payments, as in life and business, innovation is the key to unlocking new realms of convenience and efficiency — and innovation can only scale if it gives end users what they want.

That’s why PYMNTS sat down with Evgeny Klochikhin, founder and CEO at Sheeva.AI, for the “AI Effect” series.

Sheeva is spearheading a transformative approach to in-car payments through geolocation technology and the integration of artificial intelligence (AI)…

At the core of in-vehicle payments innovation lies geolocation technology, which enables drivers to pay for and receive services such as fueling, electric vehicle charging, parking and curbside pickup directly from within their vehicles.

By leveraging precise vehicle location data, Klochikhin explained that Sheeva can deliver a personalized and contextualized payment experience, tailored to the driver’s needs in real time.

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