Published by Dewi Joerger
RYD, the biggest independent connected car platform in Germany, has integrated wallee into their mobile app Ryd using the wallee payment SDK for Android and iOS. The wallee SDK allows ryd to capture the payment details securely and in line with PCI-DSS requirements. Wallee.com stores the payment details in their infrastructure for further processing securely.
The process is documented below with some screenshots. There is also a YouTube video available that demonstrates the process.
With the trend of digitalization and mobile apps - payment becomes an invisible process where the card is charged almost unnoticeably. This allows the merchant to charge the payment details when the customer is not present or like here to charge the payment credentials without asking the customer again to present them - the payment process moves into the background in order to create a hopefully seamless checkout experience. A process we all know from applications like Uber, MyTaxi, Fairtiq, SBB - Mobile, etc. However, there are regulatory and technical challenges around the corner.
However, there are further challenges on the horizon:
There are also other additional interesting use cases that can be realized based on the technology mentioned above. The increased issuer participation allows you as a merchant to know more about the tokenized card and there is more information if you will be able to charge the card on file before you start the transaction which will itself also open up new opportunities.
Dewi Joerger, Communication