1 00:00:03,990 --> 00:00:07,050 Jennifer Duke: Welcome to the Fear and Greed business interview. I'm Jennifer 2 00:00:07,050 --> 00:00:10,110 Jennifer Duke: Duke. There's a tremendous amount going on right now in 3 00:00:10,110 --> 00:00:13,379 Jennifer Duke: the payment space. Technology is leaping ahead, much of it 4 00:00:13,380 --> 00:00:16,440 Jennifer Duke: driven by advances by Apple with their Apple Pay offering. 5 00:00:16,829 --> 00:00:18,870 Jennifer Duke: But all of the big banks are now involved and 6 00:00:18,870 --> 00:00:22,259 Jennifer Duke: they're partnering with other companies to keep innovating or pursuing 7 00:00:22,259 --> 00:00:24,869 Jennifer Duke: a share of the point of sale market. One of 8 00:00:24,870 --> 00:00:28,559 Jennifer Duke: the major players is ANZ Worldline Payment Solutions. This is 9 00:00:28,559 --> 00:00:31,710 Jennifer Duke: a joint venture between ANZ Bank and global payments leader 10 00:00:31,710 --> 00:00:35,789 Jennifer Duke: Worldline. The CEO of ANZ Worldline Payment Solutions is Petr 11 00:00:35,789 --> 00:00:37,680 Jennifer Duke: Ryska. Petr, welcome to Fear and Greed. 12 00:00:38,159 --> 00:00:38,879 Petr Ryska: Hello. Good morning. 13 00:00:39,330 --> 00:00:42,300 Jennifer Duke: Good morning. So before we talk specifically about what you're 14 00:00:42,300 --> 00:00:44,190 Jennifer Duke: doing in this space, can you give me the lay 15 00:00:44,190 --> 00:00:46,080 Jennifer Duke: of the land? Is Apple the one that's setting the 16 00:00:46,080 --> 00:00:46,680 Jennifer Duke: pace here? 17 00:00:47,760 --> 00:00:50,969 Petr Ryska: Well, I think this kind of new technology, as you 18 00:00:50,969 --> 00:00:53,729 Petr Ryska: were mentioning, that's exactly what is moving right now with 19 00:00:53,730 --> 00:00:56,340 Petr Ryska: the payment industry. And, of course, we have seen this 20 00:00:56,340 --> 00:00:59,280 Petr Ryska: also during the pandemic and I would say overall in past 21 00:00:59,280 --> 00:01:03,509 Petr Ryska: couple of years, these smartphones, they have been really moving 22 00:01:03,510 --> 00:01:06,449 Petr Ryska: the whole thing forward. And actually the tap to pay, 23 00:01:06,539 --> 00:01:09,420 Petr Ryska: which is how Apple calls this, that's again a next step, 24 00:01:10,139 --> 00:01:14,550 Petr Ryska: how to bring the payments and little bit enlarged whole area. 25 00:01:14,910 --> 00:01:17,040 Petr Ryska: What I really like about this proposition is that it's 26 00:01:17,040 --> 00:01:21,059 Petr Ryska: really simple. It's very easy to get it actually. You 27 00:01:21,059 --> 00:01:24,149 Petr Ryska: can already download the application, you can connect your device 28 00:01:24,240 --> 00:01:27,840 Petr Ryska: and basically within 15, 20 minutes you can already start transacting 29 00:01:27,929 --> 00:01:31,110 Petr Ryska: and start accepting the payments. The next thing, which is 30 00:01:31,110 --> 00:01:34,560 Petr Ryska: also very, very great is that basically the portfolio of 31 00:01:34,560 --> 00:01:37,890 Petr Ryska: the potential customers. It's very broad. So on one hand, 32 00:01:37,890 --> 00:01:41,130 Petr Ryska: of course, we see this as a great proposition for 33 00:01:41,219 --> 00:01:45,360 Petr Ryska: small SMB (Small and Medium size Business) players, for tradies. Basically you don't need to 34 00:01:45,360 --> 00:01:48,479 Petr Ryska: have any other devices. You just use your phone and 35 00:01:48,480 --> 00:01:51,120 Petr Ryska: basically you can accept payments. But we also see it, 36 00:01:51,150 --> 00:01:53,610 Petr Ryska: let's say going a little bit more to the enterprise sector. 37 00:01:53,880 --> 00:01:57,719 Petr Ryska: For example, if you talk about transportation or logistic companies 38 00:01:57,719 --> 00:02:00,360 Petr Ryska: where again, the companies, they don't need to equip the 39 00:02:00,360 --> 00:02:03,810 Petr Ryska: drivers with different devices. They can just use one device. 40 00:02:04,230 --> 00:02:07,140 Petr Ryska: But also we see this really as a great proposition 41 00:02:07,290 --> 00:02:11,370 Petr Ryska: for the large enterprise customers, mainly retailers, because you can 42 00:02:11,370 --> 00:02:15,360 Petr Ryska: basically integrate the solution into your hardware in the shop and, 43 00:02:15,360 --> 00:02:17,578 Petr Ryska: of course, you can make the checkout of your customers 44 00:02:17,580 --> 00:02:20,099 Petr Ryska: much faster. So that's why I really like it because 45 00:02:20,099 --> 00:02:22,889 Petr Ryska: it's so broad and it's really very easy to use. 46 00:02:23,729 --> 00:02:27,090 Jennifer Duke: And we've obviously seen this huge flow of activity recently, 47 00:02:27,090 --> 00:02:29,700 Jennifer Duke: and some of that is clearly this advance in technology. 48 00:02:29,700 --> 00:02:31,200 Jennifer Duke: But what else have you seen changing? 49 00:02:32,520 --> 00:02:35,219 Petr Ryska: Well, I think, as I was mentioning, during the COVID 50 00:02:35,219 --> 00:02:37,288 Petr Ryska: and past the COVID, we have seen a lot of 51 00:02:37,288 --> 00:02:42,839 Petr Ryska: this digitalisation and acceleration in digital payment. Definitely Australia is 52 00:02:42,840 --> 00:02:45,330 Petr Ryska: one of the, I would say even maybe top three 53 00:02:45,330 --> 00:02:48,960 Petr Ryska: countries in the world, talking about the contactless and, of course, 54 00:02:49,200 --> 00:02:52,530 Petr Ryska: talking about adopting of the new technology. At least that's 55 00:02:52,530 --> 00:02:56,400 Petr Ryska: my perception that Australia is very, very advanced. So yes, during 56 00:02:56,400 --> 00:02:59,670 Petr Ryska: the COVID, that was the contactless thing. Look, I mean 57 00:03:00,029 --> 00:03:01,919 Petr Ryska: if you go to the shop, most of the people 58 00:03:01,919 --> 00:03:05,370 Petr Ryska: you already see they are using their phones, watches or 59 00:03:05,370 --> 00:03:08,190 Petr Ryska: other wearables to pay today. Of course, there was a 60 00:03:08,190 --> 00:03:12,630 Petr Ryska: huge increase of the e- com, especially online in the pandemic, 61 00:03:13,169 --> 00:03:16,770 Petr Ryska: which is now turning more into the omnichannel solution because people, 62 00:03:16,770 --> 00:03:19,320 Petr Ryska: they are really also going back to the store and 63 00:03:19,320 --> 00:03:22,919 Petr Ryska: they would like to have this omnichannel experience. But there are 64 00:03:22,919 --> 00:03:25,320 Petr Ryska: a lot of new trends, just mentioning a couple of them. 65 00:03:25,320 --> 00:03:28,799 Petr Ryska: The first one is definitely the other things about all the biometry. 66 00:03:29,309 --> 00:03:33,419 Petr Ryska: So all these face IDs, fingerprints and identifications, which I 67 00:03:33,419 --> 00:03:36,209 Petr Ryska: believe at some moment of time this can really end 68 00:03:36,209 --> 00:03:40,170 Petr Ryska: up in something we call invisible payments. We're using this 69 00:03:40,170 --> 00:03:43,920 Petr Ryska: artificial intelligence. So just imagine once you just enter the shop, 70 00:03:44,099 --> 00:03:47,370 Petr Ryska: you pick up your goods and then you basically pay with 71 00:03:47,370 --> 00:03:51,599 Petr Ryska: your body based on some behaviour. But to stay a 72 00:03:51,599 --> 00:03:53,489 Petr Ryska: little bit more on the ground for this moment, we see a lot of 73 00:03:53,940 --> 00:03:57,360 Petr Ryska: the other trends like the metaverse or the crypto or 74 00:03:57,360 --> 00:04:02,549 Petr Ryska: these digital currencies. That's really what is now, let's say, coming. The 75 00:04:02,550 --> 00:04:04,650 Petr Ryska: thing is that we can see a little bit pieces 76 00:04:04,650 --> 00:04:06,990 Petr Ryska: here and there, and I think it's just question of 77 00:04:06,990 --> 00:04:10,500 Petr Ryska: time and little bit about the scaling that we will 78 00:04:10,500 --> 00:04:12,060 Petr Ryska: experience this much more. 79 00:04:12,810 --> 00:04:15,360 Jennifer Duke: So personally, I think it sounds very cool to be 80 00:04:15,360 --> 00:04:17,099 Jennifer Duke: able to pay with your body on the way out 81 00:04:17,100 --> 00:04:19,920 Jennifer Duke: of a shop. That sounds amazing, but we obviously see 82 00:04:19,920 --> 00:04:22,678 Jennifer Duke: a lot of people quite concerned about cybersecurity at the 83 00:04:22,678 --> 00:04:24,750 Jennifer Duke: moment. How do you think that that's going to be 84 00:04:24,750 --> 00:04:26,250 Jennifer Duke: a bit of a friction in this space? 85 00:04:26,730 --> 00:04:29,039 Petr Ryska: Yeah, I think it's very important element, to be honest, 86 00:04:29,039 --> 00:04:32,130 Petr Ryska: and I always simplify it and saying basically that the 87 00:04:32,130 --> 00:04:35,700 Petr Ryska: payment experience is about three S, which is the simplicity, 88 00:04:35,760 --> 00:04:39,210 Petr Ryska: speed, and security. So really, I mean, the solution has 89 00:04:39,210 --> 00:04:41,969 Petr Ryska: to be quite easy for both, for the merchant and 90 00:04:41,969 --> 00:04:45,178 Petr Ryska: for the end customer. It should be quite fast because, 91 00:04:45,178 --> 00:04:48,539 Petr Ryska: of course, talking about, for example, the experience in the 92 00:04:48,540 --> 00:04:51,150 Petr Ryska: shop. You just would like to make the quick checkout 93 00:04:51,150 --> 00:04:53,729 Petr Ryska: and you don't want to download something and jump from 94 00:04:53,730 --> 00:04:56,700 Petr Ryska: one solution to the other and so on. And security, 95 00:04:56,730 --> 00:04:59,160 Petr Ryska: that's what you mentioned, I think it's very important part. 96 00:05:00,029 --> 00:05:03,268 Petr Ryska: To be honest, some of these new technologies, they are 97 00:05:03,270 --> 00:05:06,990 Petr Ryska: now really facing this issue with this security thing, but 98 00:05:06,990 --> 00:05:10,799 Petr Ryska: also with the data storing. I would say especially in 99 00:05:10,800 --> 00:05:13,770 Petr Ryska: Europe, the European Union is a little bit more prudent on 100 00:05:13,770 --> 00:05:17,759 Petr Ryska: this one. So there is little bit also the legislative 101 00:05:17,759 --> 00:05:20,460 Petr Ryska: background that need to be developed in some of the 102 00:05:20,460 --> 00:05:23,368 Petr Ryska: countries to basically move on with these technologies. 103 00:05:23,759 --> 00:05:25,650 Jennifer Duke: Stay with me, Petr, we'll be back in a minute. 104 00:05:32,099 --> 00:05:35,550 Jennifer Duke: I'm speaking to Petr Ryska, CEO of ANZ Worldline Payment 105 00:05:35,550 --> 00:05:39,839 Jennifer Duke: Solutions. Clearly, everyone in the world is sort of thinking 106 00:05:39,839 --> 00:05:42,960 Jennifer Duke: about this sector and in Australia it's getting very busy. 107 00:05:42,960 --> 00:05:45,750 Jennifer Duke: You've got a very competitive job. So how do you 108 00:05:45,750 --> 00:05:48,420 Jennifer Duke: differentiate yourself from the rest in this sector? 109 00:05:49,380 --> 00:05:52,678 Petr Ryska: Well, I think the big advantage for us is that 110 00:05:52,678 --> 00:05:55,980 Petr Ryska: we are really having this very, very big and global 111 00:05:55,980 --> 00:05:59,820 Petr Ryska: company as one of the shareholder Worldline really presented in 112 00:05:59,820 --> 00:06:02,428 Petr Ryska: more than 50 countries around the globe, and we are 113 00:06:02,430 --> 00:06:05,640 Petr Ryska: spending a huge amount of money in the research and development. 114 00:06:06,210 --> 00:06:10,290 Petr Ryska: Last year, for example, the R&D spendings in Worldline globally was 115 00:06:10,290 --> 00:06:13,859 Petr Ryska: more than $400 million, just to give you the imagination. 116 00:06:14,849 --> 00:06:17,400 Petr Ryska: So that's one thing, to have the proposition and, of course, 117 00:06:17,400 --> 00:06:21,870 Petr Ryska: to follow the trends. And again, just naming couple of them, 118 00:06:22,080 --> 00:06:25,140 Petr Ryska: one of the pilots we are running right now, going 119 00:06:25,140 --> 00:06:29,550 Petr Ryska: now more to, let's say, online world is the livestreaming e-commerce, 120 00:06:29,880 --> 00:06:32,519 Petr Ryska: which is a kind of interactive way of online shopping 121 00:06:32,700 --> 00:06:38,368 Petr Ryska: that basically you combine shopping, entertainment and kind of social experience. 122 00:06:38,820 --> 00:06:41,850 Petr Ryska: So there is a merchant and, of course, some of 123 00:06:41,850 --> 00:06:45,000 Petr Ryska: the influencers, they're hosting the live videos and basically they're 124 00:06:45,029 --> 00:06:48,029 Petr Ryska: interacting with the consumers. And at the end, of course, 125 00:06:48,029 --> 00:06:51,690 Petr Ryska: the target is that you make the shopping. So as 126 00:06:51,690 --> 00:06:54,420 Petr Ryska: my daughter is always saying, I'm from the last century already, 127 00:06:54,510 --> 00:06:57,990 Petr Ryska: but let's say for the young generation it's a different 128 00:06:57,990 --> 00:07:01,260 Petr Ryska: way of shopping basically, that they are chatting to someone, 129 00:07:01,860 --> 00:07:04,919 Petr Ryska: they're having some influencer there, and it's more like socialising 130 00:07:04,920 --> 00:07:08,219 Petr Ryska: together with the shopping. So that's another example how the 131 00:07:08,219 --> 00:07:11,219 Petr Ryska: things are moving forward. So going back to your question, 132 00:07:11,219 --> 00:07:14,130 Petr Ryska: it's really about having the proposition, but also, of course, 133 00:07:14,130 --> 00:07:17,250 Petr Ryska: about having a kind of customer experience that is good 134 00:07:17,250 --> 00:07:19,380 Petr Ryska: for the customers, which again, we are going back to 135 00:07:19,380 --> 00:07:23,340 Petr Ryska: the digitalisation and digital journey to make it as simple 136 00:07:23,340 --> 00:07:26,610 Petr Ryska: as possible for the customer basically to get the solution 137 00:07:26,610 --> 00:07:27,719 Petr Ryska: and start transacting. 138 00:07:28,379 --> 00:07:31,110 Jennifer Duke: I actually find that fascinating about the new generations because 139 00:07:31,410 --> 00:07:34,020 Jennifer Duke: we were always sort of told that digitization would make 140 00:07:34,410 --> 00:07:37,440 Jennifer Duke: shopping much less social experience. There was going to be this 141 00:07:37,440 --> 00:07:39,960 Jennifer Duke: very bleak future where you never speak to anyone anymore 142 00:07:39,960 --> 00:07:42,239 Jennifer Duke: when you buy anything. But it sounds like it's actually 143 00:07:42,240 --> 00:07:43,290 Jennifer Duke: going to be the opposite of that. 144 00:07:44,189 --> 00:07:46,349 Petr Ryska: Well, I would say that the thing is that we 145 00:07:46,350 --> 00:07:50,100 Petr Ryska: do prefer to talk face-to-face to someone and the young generation, 146 00:07:50,100 --> 00:07:54,300 Petr Ryska: perhaps they're okay to use these, let's say, new technologies 147 00:07:54,300 --> 00:07:57,690 Petr Ryska: to be more socialised there, which is exactly the example 148 00:07:57,690 --> 00:07:58,829 Petr Ryska: of the livestream e-commerce. 149 00:07:59,070 --> 00:08:00,750 Jennifer Duke: And what's sort of next in this space? How does 150 00:08:00,750 --> 00:08:03,329 Jennifer Duke: maybe crypto fit into this sort of payment platform? 151 00:08:04,049 --> 00:08:06,990 Petr Ryska: Oh, crypto. It's definitely, I think, we are exploring also 152 00:08:06,990 --> 00:08:09,570 Petr Ryska: here in Australia and, to be honest, this is the 153 00:08:09,570 --> 00:08:12,540 Petr Ryska: solution or the proposition we are offering to our merchants 154 00:08:12,540 --> 00:08:15,090 Petr Ryska: already in Europe as a Wordline for a couple of 155 00:08:15,090 --> 00:08:18,809 Petr Ryska: years, regardless if that's, let's say, in store or if 156 00:08:18,809 --> 00:08:21,839 Petr Ryska: that's online. And yeah, this thing with crypto and the 157 00:08:21,839 --> 00:08:25,530 Petr Ryska: digital currencies, I think that's the next thing to come. The other 158 00:08:25,530 --> 00:08:28,200 Petr Ryska: one I was mentioning was the metaverse where again, I 159 00:08:28,200 --> 00:08:31,110 Petr Ryska: mean, you can really see the huge brands and the 160 00:08:31,110 --> 00:08:33,990 Petr Ryska: big brands, world brands are investing a lot of money 161 00:08:33,990 --> 00:08:37,650 Petr Ryska: into this space. Again, we are very proud as ANZ 162 00:08:37,650 --> 00:08:42,059 Petr Ryska: Worldline that we have already the Australian merchants that are 163 00:08:42,059 --> 00:08:45,360 Petr Ryska: live in this platform. And yeah, is this going to 164 00:08:45,360 --> 00:08:47,280 Petr Ryska: be the next big thing? Well, we will see. 165 00:08:47,280 --> 00:08:51,599 Jennifer Duke: Yeah. We do know that the federal government's looking at 166 00:08:51,599 --> 00:08:54,179 Jennifer Duke: a lot of regulation around this space. Are you concerned 167 00:08:54,179 --> 00:08:56,580 Jennifer Duke: at all that they're going to go perhaps too far 168 00:08:56,580 --> 00:08:57,840 Jennifer Duke: and stop the innovation? 169 00:08:59,940 --> 00:09:02,610 Petr Ryska: I'm not afraid they will stop the innovation, but I 170 00:09:02,610 --> 00:09:05,610 Petr Ryska: would really say, as I was mentioning before, that this 171 00:09:05,610 --> 00:09:08,970 Petr Ryska: should go hand in hand. So you need to have 172 00:09:08,970 --> 00:09:13,380 Petr Ryska: a legislative, let's say, background for some of the new solutions. 173 00:09:13,740 --> 00:09:16,379 Petr Ryska: And it's not only about the security itself, it's also 174 00:09:16,379 --> 00:09:18,598 Petr Ryska: sometimes about the data storing and so on. 175 00:09:20,159 --> 00:09:23,250 Jennifer Duke: And there's a lot of, I suppose, smaller businesses who 176 00:09:23,309 --> 00:09:26,130 Jennifer Duke: are constantly having new tech thrown at them and having 177 00:09:26,130 --> 00:09:27,809 Jennifer Duke: to get across it and learn how to use it. 178 00:09:27,929 --> 00:09:29,610 Jennifer Duke: Is there any concern that they're going to be left 179 00:09:29,610 --> 00:09:32,490 Jennifer Duke: behind as these payment platforms become more sophisticated? 180 00:09:33,690 --> 00:09:35,939 Petr Ryska: No, I don't believe so. I think vice versa. I 181 00:09:35,940 --> 00:09:39,570 Petr Ryska: strongly believe that those SMBs, they will benefit basically from 182 00:09:39,570 --> 00:09:42,900 Petr Ryska: this. And once again, maybe the tap on mobile. It's 183 00:09:43,200 --> 00:09:47,670 Petr Ryska: a good example that basically those are the solutions that, at the 184 00:09:47,670 --> 00:09:51,089 Petr Ryska: end, the SMBs can benefit. So I'm not afraid they 185 00:09:51,089 --> 00:09:53,309 Petr Ryska: will be left behind. Vice versa, I think there will 186 00:09:53,309 --> 00:09:56,609 Petr Ryska: be much more basically also available for the SMBs in 187 00:09:56,610 --> 00:09:57,270 Petr Ryska: the future. 188 00:09:58,200 --> 00:10:00,810 Jennifer Duke: One more question because I'm very curious about this, but 189 00:10:01,200 --> 00:10:03,929 Jennifer Duke: the innovations that you are coming up with, are they 190 00:10:03,929 --> 00:10:06,779 Jennifer Duke: sort of led by what you think consumers want? Is 191 00:10:06,780 --> 00:10:08,578 Jennifer Duke: that something that you sort of survey them and see 192 00:10:08,580 --> 00:10:10,679 Jennifer Duke: how they want to behave with the tech? Or is 193 00:10:10,679 --> 00:10:13,108 Jennifer Duke: this sort of driven by the retailers? Or where do 194 00:10:13,110 --> 00:10:14,280 Jennifer Duke: these ideas come from? 195 00:10:15,090 --> 00:10:18,059 Petr Ryska: I would say that, of course, sometimes you will end 196 00:10:18,059 --> 00:10:22,410 Petr Ryska: up with some solution or proposition that is not perceived well 197 00:10:22,410 --> 00:10:25,020 Petr Ryska: on the market and it's not really resonating. And I 198 00:10:25,020 --> 00:10:27,030 Petr Ryska: don't want to make any examples, but maybe one of 199 00:10:27,030 --> 00:10:28,530 Petr Ryska: them is the payment ring. 200 00:10:28,530 --> 00:10:28,620 Jennifer Duke: Yes. 201 00:10:28,620 --> 00:10:32,640 Petr Ryska: So, I mean, that was a huge thing to introduce the 202 00:10:32,640 --> 00:10:35,340 Petr Ryska: payment rings. But basically now if you look who is 203 00:10:35,340 --> 00:10:38,189 Petr Ryska: really using this, I mean, the usage is very limited, 204 00:10:38,610 --> 00:10:42,420 Petr Ryska: at least in my eyes. But sometimes it's a combination. But, 205 00:10:42,420 --> 00:10:45,120 Petr Ryska: of course, the way forward should be definitely that you 206 00:10:45,120 --> 00:10:47,310 Petr Ryska: need to understand the customers, you need to have a 207 00:10:47,639 --> 00:10:50,880 Petr Ryska: dialogue with the customers. In our case, it's basically both. 208 00:10:50,910 --> 00:10:53,880 Petr Ryska: It's the merchants and the end customers because, as I said, 209 00:10:53,940 --> 00:10:57,300 Petr Ryska: the solution should be safe, easy and simple for both 210 00:10:57,780 --> 00:11:01,049 Petr Ryska: of them. Then basically on the other hand, you have 211 00:11:01,049 --> 00:11:03,059 Petr Ryska: some global trends that are coming and if you are 212 00:11:03,059 --> 00:11:05,819 Petr Ryska: combining this, well, I mean, you have the winning proposition. 213 00:11:06,570 --> 00:11:08,610 Petr Ryska: Maybe the next thing I was not mentioning before, but 214 00:11:08,610 --> 00:11:11,760 Petr Ryska: it's also something I'm very excited about and it's about 215 00:11:12,030 --> 00:11:14,940 Petr Ryska: this artificial intelligence and little bit there. We call it 216 00:11:14,940 --> 00:11:18,630 Petr Ryska: the machine-to-machine. So basically machines talking to machines that call 217 00:11:18,630 --> 00:11:21,029 Petr Ryska: it like this. One of the example is, look, if 218 00:11:21,030 --> 00:11:23,878 Petr Ryska: you look today on your car, most of the cars, 219 00:11:23,879 --> 00:11:28,078 Petr Ryska: they can actually park themselves. They can park automatically today. 220 00:11:28,590 --> 00:11:31,530 Petr Ryska: And it's not a big thing to add a cart 221 00:11:32,190 --> 00:11:34,529 Petr Ryska: into your car and some of the producers, by the way, 222 00:11:34,800 --> 00:11:38,250 Petr Ryska: they started doing this already. The next step is basically 223 00:11:38,250 --> 00:11:41,219 Petr Ryska: that your car is not only able to park, but 224 00:11:41,219 --> 00:11:44,098 Petr Ryska: it's also able going to pay for the parking. 225 00:11:44,429 --> 00:11:45,328 Jennifer Duke: Oh, that'd be amazing. 226 00:11:45,600 --> 00:11:48,809 Petr Ryska: So your car is going to talk to the machine on 227 00:11:48,809 --> 00:11:51,208 Petr Ryska: the park lot and basically they will talk to each 228 00:11:51,210 --> 00:11:53,580 Petr Ryska: other and they will make the payment. Yeah. Also in 229 00:11:53,580 --> 00:11:57,390 Petr Ryska: this space, Wordline is basically having a kind of solution, 230 00:11:57,690 --> 00:12:01,710 Petr Ryska: having one platform today in Europe with real life customers 231 00:12:02,040 --> 00:12:06,120 Petr Ryska: where basically you can really connect your car with fueling, 232 00:12:06,720 --> 00:12:09,328 Petr Ryska: EV charging and then stuff like that. So I think 233 00:12:09,420 --> 00:12:11,578 Petr Ryska: that's the next big thing which is coming as well. 234 00:12:12,120 --> 00:12:13,738 Jennifer Duke: I love that. I'm hoping that the next time we 235 00:12:13,740 --> 00:12:15,810 Jennifer Duke: speak to you, we'll be talking about the cars paying 236 00:12:16,799 --> 00:12:17,760 Jennifer Duke: the bills through the drive through. Which would be incredible. 237 00:12:20,160 --> 00:12:24,059 Petr Ryska: It might take some time, but yeah, I still believe I 238 00:12:24,059 --> 00:12:25,800 Petr Ryska: can experience this in my life. 239 00:12:26,400 --> 00:12:28,679 Jennifer Duke: Fingers crossed. Petr, thank you so much for talking to 240 00:12:28,679 --> 00:12:29,280 Jennifer Duke: Fear and Greed. 241 00:12:29,940 --> 00:12:30,690 Petr Ryska: Thank you very much. 242 00:12:31,200 --> 00:12:34,320 Jennifer Duke: And that was Petr Ryska, the CEO of ANZ Worldline Payment 243 00:12:34,320 --> 00:12:37,590 Jennifer Duke: Solutions. This is the Fear and Greed business interview. Join 244 00:12:37,590 --> 00:12:39,660 Jennifer Duke: us every morning for the full episode of Fear and 245 00:12:39,660 --> 00:12:44,189 Jennifer Duke: Greed, Australia's best business podcast. I'm Jennifer Duke, economics correspondent 246 00:12:44,190 --> 00:12:46,468 Jennifer Duke: at Capital Brief and filling in for Sean Aylmer. Have 247 00:12:46,469 --> 00:12:47,100 Jennifer Duke: a great day.