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1. (WO2018203827) SYSTEM AND METHOD FOR MANAGING VEHICULAR ROAD USAGE

Pub. No.:    WO/2018/203827    International Application No.:    PCT/SG2018/050202
Publication Date: Fri Nov 09 00:59:59 CET 2018 International Filing Date: Fri Apr 27 01:59:59 CEST 2018
IPC: G07B 15/06
G06Q 20/36
Applicants: MASTERCARD ASIA/PACIFIC PTE. LTD.
Inventors: NAIR, Syam Sasidharan
KHOCHE, Shubhrendu
LIEW, Chee Leong
Title: SYSTEM AND METHOD FOR MANAGING VEHICULAR ROAD USAGE
Abstract:
There is provided a system and method for managing vehicular road usage, wherein distance and location traversed by a vehicle are determined by an in-vehicle processing unit. A vehicular road usage surcharge is determined by the in- vehicle processing unit. Payment information is sent to a central server. Subsequent payment of the surcharge is performed by a payment processing system using a digital wallet account associated with a user of the vehicle. The user can decide to vary road usage habits/patterns depending on a frequency and/or quantum of payments carried out via the digital wallet. Correspondingly, vehicular volume is also affected.