How Judo’s Pay by Link is helping the mobility sector.
The mobility sector has faced a number of challenges since emerging from the pandemic - a key one being a shortage of drivers, with a shortfall of up to 40% (prodrivermags.com).
This shortfall is a result of a major decrease in work during the pandemic, resulting in many choosing to transition to becoming delivery drivers or exit the profession altogether. A real challenge, especially with the hospitality sector now getting back to normal, and demand returning close to pre-pandemic levels. Since December 2021, almost 70% of regular cab users have struggled or were unable to book a taxi (taxi-point.co.uk).
This demand has resulted in a push by taxi and private hire firms to recruit both new and former drivers.
Whilst it's great that demand has returned, firms may still need to evolve their operations to attract new drivers and bring former drivers back into the fold. Those unable to do so may not only struggle to recruit, but also risk losing customers.
It’s time for firms to embrace the future by utilising technology.
New technology is being applied in a number of ways in the mobility sector, one of which being ‘connected vehicles’, which are able to communicate and exchange data with other vehicles, devices and people. Along with being able to share information on traffic lights, accidents and weather forecasts, they allow for a variety of exciting and convenient features such as touch free payments.
Taking touch free payments to a new level, Judopay’s innovative Pay by Link solution offers merchants an easy and secure way to request and accept customer payments.
Customers are sent a unique link, where they can make their payments quickly and easily. Firms are able to share these links via email or SMS, whilst drivers taking in-person payments can create and display unique QR codes that allow their customers to pay upon arrival utilising either Apple or Google Pay.
For firms, Pay by Link means they no longer need to take payments over the phone, making them more secure and reducing their PCI scope, whilst also staying up to date with regulations. And for drivers, they’ll be able to take payments much quicker.
Technology is revolutionising the automotive industry each and every day with multiple taxi and private hire firms embracing these new opportunities. Get in touch today to get started with Pay by Link!