MENLO PARK, Calif.–(BUSINESS WIRE)–Cardtek, a leading international payment technologies provider, today announced that it has assembled a special BayPay Forum event on the future of in-vehicle payments, entitled “Pay by Car”. The event – which will be held on May 23 at the Exponent Offices in Menlo Park, California, from 5:30pm to 8:30pm PT – will examine the potential of incorporating a secure and seamless payment platform within vehicles, allowing consumers to pay for services like gas and parking – without having to get out of their car. Executives from companies leading the development of in-vehicle payments will demonstrate how new cars can facilitate on-screen payments through smartphone integration and NFC technology, adding convenience and speed to car-related purchases.
BayPay has invited its 14,000 members comprised of credit card companies, such as Visa, MasterCard, and American Express, banks, including Chase, Wells Fargo, and Bank of America, and technology companies, such as Apple, Google, Facebook, and Twitter. Payments and financial technology leaders not attending the BayPay Forum can also watch a live stream of the event from its homepage.
“A large number of everyday consumer payments – such as parking, gas, or picking up food at a drive-through – are car-related,” said Erdal Yazmaci, the Co-Founder and Managing Director of North America for Cardtek. “The development of a secure in-car payment platform makes a lot of sense for consumers, and it opens the door of opportunity for automakers, payment companies, and merchants to provide a more convenient experience for their customers. The intersection of car manufacturing and modern payments has arrived, and this event will provide a glimpse at the road ahead.”
Mr. Yazmaci will be among the panelists at the “Pay by Car” event. He has over 16 years of experience in the payments space and led Cardtek from a startup company to an international solution provider. Dr. Jörg Brakensiek, the Chief Architect at Car Connectivity Consortium LLC, Imran A Hajimusa, the Vice President of Business & Technology at Verifone, and Adam Powers, the Technical Director at FIDO Alliance, will also be speaking at the event. Dr. Christopher Williams, Senior Associate, Statistical and Data Sciences at Exponent Inc., will moderate.
Pay by Car: In-vehicle payments shifting security & convenience into overdrive
May 23, 2017
5:30pm to 8:30pm PT
Exponent Offices, 149 Commonwealth Dr, Menlo Park, CA
Please register HERE.
Since 2001, Cardtek has provided innovative end-to-end payment solutions to more than 150 customers in 25 countries, including financial institutions, processors, telecom operators, personalization bureaus, retailers, terminal and card vendors, and public transportation authorities. Cardtek is a leading player in emerging mobile payment, open-loop transit and wearable payment technologies. With 15 years of experience in EMV, Cardtek is offering well-established solutions to the US market from its new Silicon Valley Office. For more information, visit http://www.cardtek.com.
About The BayPay Forum
The BayPay Forum is an international business network of senior executives focused on Innovation in Payments, Commerce and Fintech. BayPay brings presentations, panel discussions and Thought Leadership Events, you would normally get at top conferences around the world, close to where people live and work so they can stay informed on the latest industry trends and build local and international relationships with other senior executives.
Best known for the quality of its content and its networking, The BayPay Forum has been able to build a network of over 14,000 senior executive members and has 3 chapters in the San Francisco Bay area (SF, Silicon Valley, East Bay), and chapters in Los Angeles, Atlanta, Toronto, New York, London, Paris, Luxembourg. BayPay will continue growing its chapters for the benefit of its members relying on its technology platform that allows local volunteer executives to manage chapters very easily and benefit from the networking in their community and beyond.
Pete Bahrenburg, 802-497-1932