Visa is now calling for the standardization of systems for seamless, interoperable payments at electric vehicle charging stations across Europe. The company said in a statement that it believes that the European electric vehicle charging industry should be committed to giving consumers the freedom to pay with the method of their choice, mainly by adopting open and interoperable payments.
There is currently no widespread standard for accepting payments at electric vehicle charging points. This leads to a system that often does not allow consumers in Europe to choose a payment method, forcing them to switch to just one (for example subscribing to an application or provider), or can not charge their vehicle because it is not registered in the required subscription service. Only a small number of European countries have legislated for a standardized approach, such as Germany.
To help make progress on this issue for consumers, Visa is consulting with electric vehicle charging manufacturers and other industry leaders to identify barriers and solutions to the widespread acceptance of interoperable contactless and digital payments.
Visa also announced that it will become the first company in the financial services and payments industry to join the Charging Interface Initiative (CharIN) as a full member. CharIN is dedicated to promoting global charging standards, bringing together participants from across the e-mobility value chain to develop a global infrastructure, a secure billing and payment protocol, and new technologies to facilitate the transition to electric vehicles and encouraging faster adoption of e-mobility. Through its membership in CharIN, Visa aims to use its payment know-how to support these goals.
Charlotte Hogg, CEO, Europe, Visa, said: “We believe that widespread use of electric vehicles is the key to Europe achieving zero emission targets. We need to ensure that people can easily pay to charge their vehicles. This is not the case at the moment, we believe that this must change so that consumers have the choice they deserve.
We want to help find solutions to this challenge and that is why we have started consulting with the industry on how contactless and digital payments can be accepted as a model. We also look forward to participating as a CharIN member to promote the discussion. ”
Claas Bracklo, President of CharIN eV, said: “Once we reach a pivotal point in the adoption of electric vehicles, the need for a global standard for interconnecting infrastructure and providing a seamless experience for electric vehicle drivers has become more urgent than ever. .
While CharIN has been working for many years with original equipment manufacturers (OEMs), charger manufacturers, software and component suppliers, power providers, utilities and many other stakeholders in the electric vehicle charging value chain, we recognize that convenience and Consistency of payment methods is also vital to a positive customer experience. “Therefore, we are excited that Visa has been added to our alliance, willing to contribute with its rich experience to ensure that the customer payment experience is easy, fast and secure.”
Source: Capital
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