Technology from Car IQ leverages the telematics platform in a car or truck to create a unique identity that can connect to merchants to pay for fuel and tolls without the need for a physical card. Parking and repairs will soon be added. Every vehicle connected to the Car IQ platform has its own wallet. Drivers initiate a payment in the Car IQ Pay app. The platform validates the vehicle, checks its fuel level, assesses risk and loads only the needed funds. Transaction and velocity limits are set as well as rules for fraud mitigation. The embedded payment platform matches fuel pumped with wha...