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Connected Parking Cars

This Smart Car Handles Car Parking and Payment with the Swipe of a Finger

— February 26, 2016 — Autos
Samsung Electronics, software company SAP and automotive manufacturer Seat are all coming together as part of a project to improve car parking and payment of the future.

This collaborative effort on behalf of the three brands is set to introduce a car system that will enable drivers to reserve parking spaces and then pay for them with fingerprint identification on Samsung Pay. During this experience, it's imagined that all the technology would work in tandem to detect and verify the diver's identity, meaning that they would not need to get out of the car until they are ready to leave the vehicle at their destination.

Other ideas that are being shown at the Mobile World Congress include a concept for digital keys that would make it possible for drivers to share access to a car via their smartphone.
Trend Themes
1. Connected Parking System - The integration of fingerprint technology and payment gateway for car parking disrupts the traditional way of parking.
2. Digital Key Sharing - Sharing access to a car via the smartphone can be the next big disruption in car rental and ride-sharing industries.
3. Identity Verification Technology - Incorporating identity verification technology in parking systems can improve parking experience and increase security.
Industry Implications
1. Automotive - Developing a technology that enables cars to interact with parking infrastructure can create new revenue streams and improve the customer experience in car rentals and ride-sharing services.
2. Fintech - Integrating payment gateway with fingerprint technology in parking systems can create opportunities for companies to enter into the smart cities market and develop new revenue streams.
3. Mobile Technology - Developing digital key sharing technology for cars can disrupt the car rental and ride-sharing industries and create new opportunities for companies in the mobile technology sector.
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