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| less than a minute read

With the chip shortage fading, in-car payments gain speed

JPMorgan is offering a sandbox for clients to develop new use cases for in-car commerce and application programming interfaces to connect a car's technology to the client's infrastructure.

"With cars being a digital device, they also form the basis for data collection, with a potential of expanding into leveraging data for monetization and turning the car into a 'living device'," said Ali Almakky, global head of mobility payment solutions at JPMorgan Payments.

Tags

payments, auto