International payment service provider and direct bank card acquirer, ECOMMPAY, has today announced the launch of its new payment solution for the rapidly evolving mobility industry.
With shared mobility schemes on the rise in urban spaces worldwide offering greater convenience, lower cost of ownership, and reduced environmental impact, ECOMMPAY says its new payment solution enables mobility companies to expand successfully into new markets and deliver the perfect customer journey.
The EU and UK regulated company’s new offering functions in the UK, Europe, Central Asia, Russia and CIS, and can be tailored to individual business’ needs.
ECOMMPAY allows mobility companies to offer their customers familiar payment methods, while at the same time building a unified payment process to ensure brand continuity and accessibility in all markets.
Companies can accept rides and facilitate bookings both online and via smartphone, while customers can use any available payment method to complete their transactions, including Apple and Google Pay.
Card payment details can be saved and stored safely and securely for future payments using tokenisation.
Other features of ECOMMPAY’s multiple solutions 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.
Payments linked to a mobile app facilitate the withdrawal of a small amount of money at the end of a ride so that companies can authorise a predetermined amount and only need to charge for the precise time the vehicle was rented. This means users can pay as they go without needing to commit to longer-term usage or forward-planning.
The offering integrates seamlessly and effectively into existing mobility ecosystems, and can be used for ridesharing and carsharing, taxi and ride-hailing, bike and scooter sharing, and delivery services.
ECOMMPAY’s solution comes in the wake of declining car ownership and law changes in the UK to allow electric scooters to be used on roads as consumers and Governments act to cut C02 emissions.
ECOMMPAY has enjoyed steady growth since its launch in 2012, and has built a global presence with six international offices and operations in key markets including Asia, Europe, Africa, Russia and the UK.
The company is a principal member of Visa and Mastercard, and a member of Visa Direct and MoneySend, as well as being the first payment provider on the PayPal Commerce Platform and the first acquirer to implement a Mastercard Dashboard.
Paul Marcantonio, executive director of ECOMMPAY, commented: “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.
“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.”