Octopus Energy’s electric vehicle (EV) charging platform Electroverse has teamed up with digital payment firm Visa.
The move will see the launch of Electroverse’s new business payments card, which aims to make it “easier for fleets to pay, track and save on the move”, it said.
Powered by Visa Fleet 2.0 and available for fleets in the UK for the very first time, Electroverse is one of the first businesses to bring this next-generation payment card to market, it said.
The Business Payments Card works as both a traditional fleet card and a full spending card, allowing drivers to cover everything on the road from EV charging to tolls, car washes, and meals.
Fleet managers can set spending limits, choose where budgets can be used, and adjust settings at any time, with expense uploads and built-in fraud protection aiming to keep budgets secure.
Every journey, purchase, and receipt is delivered on one dashboard, and fleet managers get instant insights into driver behaviours, VAT breakdowns, driver IDs, and charging patterns.
The card is the latest addition to Electroverse’s growing suite of Octopus Fleet solutions, designed to support businesses in their shift to electric transport.
Fully integrated with Octopus Electroverse, drivers can power up at one of more than one million chargers worldwide, from 1,200 brands including industry leaders like IONITY, InstaVolt, and Osprey.
Matt Davies, Director of Electroverse, said:
“We’ve made charging simple for drivers – now we’re making the whole fleet experience just as easy for Britain’s six million fleet vehicles.
“Fleet managers and drivers have long had to navigate a maze of charging apps and payment solutions. With Visa, we’re proud to launch one of the first Visa Fleet 2.0 cards, putting everything on one card and giving businesses the control they need to speed up their shift to cleaner transport.”
Richard Campion, Head of Fleet & Mobility, Visa Europe said:
“Fleet operators are looking for smarter ways to manage the shift to electric, and Visa Fleet 2.0 makes that transition simpler and more efficient.
“With Electroverse, we’re enabling UK businesses to consolidate on-the-road spending, gain real-time visibility and maintain the security and control they expect from Visa – all while powering a cleaner future for transport.”
Image courtesy of Octopus Electroverse
