International payment service provider ECOMMPAY has today launched a new payment solution designed for the mobility and transport industry.
According to ECOMMPAY, the solution enables mobility companies to expand into new markets and deliver a more seamless customer journey.
The announcement comes as shared mobility schemes are on the rise in urban spaces, with the aim of offering greater convenience, lower cost of ownership, and reduced environmental impact.
Paul Marcantonio, Executive Director of ECOMMPAY, said: “We are witnessing a major transformation in the way we travel around urban spaces, with micromobility and mobility-as-a-service set to become the future for transport.”
ECOMMPAY’s new offering is currently available in the UK, Europe, Central Asia, Russia and CIS, and can be tailored to individual business’ needs.
Through the solution, companies can accept rides and facilitate bookings both online and via smartphone.
Meanwhile, customers can use any available payment methods to complete their transactions, including mobile wallets such as Apple and Google Pay. Using tokenisation, card payment details can be saved and stored for future payments.
In addition, further features include a zero-amount authorisation so riders can verify their cards without being charged, customisation based on language, currency and design preferences, and fully native SDK integration.
Marcantonio added: “For growing mobility companies, payment infrastructure needs to be a priority if a flawless customer experience is to be created and maintained across all markets.
“Our new solution is designed to help businesses keep pace with a constantly moving industry. We understand the pain points that occur for scaling mobility companies, and we are here to help you overcome them.”
Visa and urban mobility
ECOMMPAY’s launch comes at a time when payments companies are investing more in urban mobility initiatives.
For instance, within the last few years, Visa has put more attention on working with public transport operators (PTOs) around the world. The payments giant is currently involved in over 500 urban mobility projects globally, and has launched over 300.
Sustainability is the driving force behind this: in a recent whitepaper, the company stated that implementing “highly efficient systems of fare payment and collection is one of the best ways to encourage ridership and boost mobility systems’ economic sustainability”.