Cerence Adds ryd pay to Cerence Pay Partner Ecosystem to Enable Secure, Voice-Powered Fuel Transactions from the Car
July 06 2021 - 8:00AM
Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today
announced that it has broadened its Cerence Pay partner
ecosystem with the addition of ryd pay, the largest
cross-brand solution for mobile payments directly at the gas pump.
Together, the companies will enable voice-powered fuel payments
throughout Europe, directly from the car.
Backed by strategic global companies including Mastercard,
Mercedes-Benz and AXA, ryd pay enables digital payment at gas
stations, either by app or via the car’s infotainment system,
allowing drivers to pay for fuel, services, and in-store purchases
without having to leave their cars. ryd pay is currently live as a
standalone application and is used by major OEMs to offer a bespoke
payment solution within their branded in-car experience. It is
available to drivers in Germany, Benelux, Switzerland and Austria
and will be available throughout the EU in the coming months.
Designed to meet the increasing demand for faster, safer, and
more convenient payment options, Cerence Pay helps OEMs offer
superior experiences by enabling secure, voice-powered in-car
transactions. By adding ryd pay to the Cerence Pay ecosystem, OEMs
can now make contactless in-car fuel payments even easier. The
integration means drivers do not have to enter new credentials or
open the app on their smartphone or headunit to initiate payment.
Instead, they can simply speak their request, and the transaction
is authorized by voice biometrics – cutting down time and keeping
drivers focused and aware of traffic around them.
“By adding ryd pay to our Cerence Pay ecosystem, we can make
secure, voice-powered transactions available to more consumers and
give our OEMs flexibility in how they integrate and offer payment
options to best meet the needs of their drivers,” said Nils Lenke,
VP & GM of Apps, Cerence. “With the car becoming more connected
than ever before, it only makes sense to offer drivers contactless
payment for services – whether that’s fueling up, getting a coffee
or parking. We add a layer of convenience by letting drivers use
their voice to initiate payments and ensure security by
authenticating them at the same time through voice biometrics.”
“We envision a future where hassle-free, secure and reliable
interactions are initiated through all of your connected devices,
from your smartphone to your car. We are enabling OEMs and
merchants to offer better experiences that drive customer loyalty
and separate them from their competitors,” said Sandra Dax, CEO of
ThinxNet, the makers of ryd pay. “With the addition of the
AI-powered voice capabilities of Cerence Pay, customers can more
securely and conveniently initiate and authenticate transactions.
We are excited to partner with Cerence to bring even more powerful
in-car experiences to the roads together.”
For more information about ryd visit www.ryd.one.To learn
more about Cerence, visit www.cerence.com, and follow the company
on LinkedIn and Twitter.
About Cerence Inc.Cerence (NASDAQ: CRNC) is the
global industry leader in creating unique, moving experiences for
the mobility world. As an innovation partner to the world’s leading
automakers and mobility OEMs, it is helping advance the future of
connected mobility through intuitive, powerful interaction between
humans and their cars, two-wheelers, and even elevators, connecting
consumers’ digital lives to their daily journeys no matter where
they are. Cerence’s track record is built on more than 20 years of
knowledge and more than 350 million cars shipped with Cerence
technology. Whether it’s connected cars, autonomous driving,
e-vehicles, or buildings, Cerence is mapping the road ahead. For
more information, visit www.cerence.com.
About ThinxNet / ryd payryd is a product of
ThinxNet GmbH, a fast-growing IoT / FinTech start-up from Munich.
Founded in 2014, ThinxNet puts the digital future on the road. ryd
is a connected car platform focusing on ryd pay and ryd box. ryd
pay is the largest cross-brand solution for mobile payments
directly at the gas pump. With ryd pay you pay directly via the ryd
app at the gas pump or in the car and save yourself the trip to the
gas station shop. Fast, convenient and secure thanks to security
and encryption mechanisms based on banking standards. The ryd box,
an OBD2 connector, turns every car into a SmartCar. ryd makes
driving better and more comfortable, whether at the gas station,
for individuals and connected company fleets or as an innovative
telematics solution for insurers. ryd is already available in
Germany, Austria, Switzerland, Belgium, Netherlands and
Luxembourg.
Contact InformationKate HickmanCerence Inc.Tel:
339-215-4583Email: kate.hickman@cerence.com
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