Autonomous Vehicles and the Future of Payments in a Connected Environment

  What are autonomous vehicles? Autonomous and semi-autonomous vehicles are quickly increasing their global presence, with small-scale deployments and pilot programs happening around the world. Autonomous vehicles (AVs), also known as self-driving or driverless vehicles, have become a focal point for innovation as consumers increasingly rely on contactless payment and delivery options. Semi-autonomous vehicles have some autonomous features but are not fully self-driving. Semi-autonomous vehicles are classified as Level 1, Level 2, or Level 3, depending on how involved the driver of the vehicle must be. This article provides a basic overview of autonomous vehicles and connected vehicle payments. While [...]