InvestorsHub Logo
Followers 73
Posts 4045
Boards Moderated 0
Alias Born 10/29/2008

Re: None

Monday, 11/30/2020 7:43:45 AM

Monday, November 30, 2020 7:43:45 AM

Post# of 326338
Ford lets commercial vehicle drivers process payments from their connected vehicle app
By Tom Phillips • 30 November 2020

https://www.nfcw.com/2020/11/30/369355/ford-lets-commercial-vehicle-drivers-process-payments-from-their-connected-vehicle-app/

Food and beverage suppliers, mobile florists, couriers and other small business owners in Germany, France, Italy, Spain and the UK can now use their FordPass Pro connected vehicle app to accept card payments from their customers.

The payments solution allows drivers to accept both contactless and chip-and-pin debit and credit card payments through a marketplace feature integrated into the vehicle manufacturer’s app.

“One of the main advantages of this solution is that it gives entrepreneurs the ability to accept payments from their customers immediately, rather than waiting for an invoice to be paid at a later date,” says Mastercard, which implemented the service with fintech provider SumUp.

“This in turn can help them manage their cash flow more optimally, particularly in cases when they need to receive a deposit to buy the materials to start the job or pay their subcontractors.”



And now I state, once again:

The further we've come, the closer we are...JMO wink

Do YOU believe? I do... smile

Best,
Be Confident