In 2015, automotive industry investments in the main target areas accounted for nearly $19.57 billion. Technology is becoming more digitalized and new technology advancements appear each year. All this will lead to increased investments, reaching $82.01 billion by 2020.
Thanks to rapid digitalization, component hardware-driven automotive sector is changing into a software and solutions-focused industry. Consumers have evolving digital lifestyle expectations and there is increased demand for advanced and innovative services. As a result, the changes in the automotive industry are becoming even more accelerated.
The digitalization in the automotive industry is projected to transform “digital services” to “car-as-a-service” to “mobility-as-a-service”, as a result of which the car will turn into an element of a connected living solution by 2030.
In the rapidly developing automotive industry, businesses need a reliable and secure merchant account to accept credit and debit card payments from their customers. With a reputable payment processor like emerchantbroker.com, you can get the best roadside assistance merchant account for your business.
EMB, the #1 high risk processor in the US, offers merchant account services that include payment processing for different kinds of businesses such as retail, MOTO (mail order/telephone order), Internet, and more. EMB knows your high risk business best of all.
As a high risk business, you’re well aware that traditional merchant account providers and financial institutions usually stay away from “hard-to-approve” businesses. This is not the case with EMB. Emerchantbroker.com has helped thousands of merchants secure the payment processing solutions to run their high risk business without challenges.
Merchants offering roadside assistance programs have their unique payment processing needs., such as the ability to accept and process Visa, MasterCard and American Express, and other popular cards over the phone. EMB offers merchant account services tailored to your specific business needs. Thanks to the services provided by EMB, your roadside assistance programs can easily accept and process both credit and debit cards safely and efficiently.
EMB is 100% committed to providing your merchant services, and offers Payment Gateway Solutions, Instant Check Processing, Business Funding, and much more. The online application takes only minutes to complete.