25 October 2024
Indosat Ooredoo Hutchison has teamed with Mastercard to integrate its in-vehicle payments solution with Indosat’s AI-powered fleet management system NEXTFleet.
The two companies are showcasing a prototype vehicle outfitted with Indosat’s NEXTFleet and Mastercard’s payments solution that enables drivers to make secure, seamless transactions for things like fuel, toll payments, EV charging and drive-throughs directly from their vehicle’s dashboard.
The in-vehicle payments solution supports tokenization and biometrics technologies that enable drivers to store payment credentials in their vehicle’s infotainment system and authenticate payments using their fingerprints.
NEXTFleet enables companies to plan, schedule, and monitor fleets in real-time through mobile app and IoT devices, which Indosat says significantly cuts operational costs, increases efficiency, and boosts productivity. Combining the two means that fleet drivers will be able to save even more time by being able to pay for things direct from the dashboard.
Mastercard’s in-vehicle payments solution is part of its urban mobility portfolio, which it says is designed for ‘the future of urban transportation’ as more people migrate from rural areas to urban cities. Mastercard also said it already processes billions of urban mobility transactions on its network every year and racked up US$59.4 billion in transactions in 2022 alone.
Digital transactions in Indonesia are projected by the Central Bank of Indonesia to grow 25.77% in 2024. Meanwhile, the number of motor vehicles on the road is also increasing, surpassing 157 million in 2023, according to Central Statistics Agency of Indonesia.
“Through this collaboration with Indosat Ooredoo Hutchison, we are showcasing the possibilities that could unfold when innovation, mobility and commerce come together, and what the future holds with more connected, efficient, and sustainable urban mobility ecosystems in Indonesia,” said Aileen Goh, country manager and president director of Mastercard Indonesia.
