Faster refueling: If the car pays, the queues could be shorter.
Image: dpa
With Ryd, the car becomes a credit card. Mercedes and BMW, BP and Shell, Mastercard & Co. rely on the technology of the Munich company.
A car that thinks for itself used to only exist in Hollywood. KITT, for example, the armored high-tech vehicle that David Hasselhoff could talk to at any time via wristwatch in the television series “Knight Rider”, is unforgettable. Four decades later, the car is taking over more and more activities in everyday life. With Ryd’s software, it pays the fuel bill itself. “Ryd is building the payment platform for car manufacturers,” says company founder Oliver Götz in an interview with the F.A.Z.
For payments directly from the car, Ryd has to bring car manufacturers, mineral oil companies and credit card providers together, and according to Götz the company, which was founded in 2014, has now succeeded in doing so on a large scale. Ryd is already the “largest European B2C network for digital fueling,” says Götz. Strategic financial partners include BP, Mastercard, Mercedes and Axa.