Octopus Energy’s electric vehicle (EV) charging platform, Electroverse, has partnered with Visa, a global leader in digital payments, to launch Electroverse’s new ‘Business Payments Card’, making it easier for fleets to pay, track, and save on the go.
Powered by Visa Fleet 2.0 and available for fleets in the UK for the very first time, Electroverse is the first business to bring this next-generation payment card to market.
For fleets, juggling different charging cards, apps, and payment options has long been a headache, slowing down fleet electrification and leaving drivers and fleet managers entangled in administrative tasks. With the Business Payments Card, Octopus Electroverse and Visa, it is easier to keep track of fleet expenses.
The Business Payments Card functions as both a traditional fleet card and a full spending card, enabling drivers to cover all expenses on the road – from EV charging to tolls, car washes, and meals.
Fleet managers can set spending limits, allocate budgets as needed, and adjust settings at any time. Easy expense uploads and built-in fraud protection ensure budgets remain secure.
Every journey, purchase, and receipt lives in one sleek dashboard. Fleet managers gain instant insights into driver behaviours, VAT breakdowns, driver IDs, and charging patterns without needing to chase down paperwork.
The new’ Business Payments 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, Europe’s largest consumer EV charging platform, drivers can power up at one of more than one million chargers worldwide, from 1,200 brands, including industry leaders such as 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.’
Electroverse continues to lead the way in EV charging. The most recent innovations include Plunge Pricing – a first-of-its-kind public charging tariff that reduces costs by up to half when renewable energy is abundant – Plug & Charge technology for seamless, tap-free top-ups, and the world’s first electric plane charging network, in partnership with AeroVolt.
The Electroverse’ Business Payments Card’ is available in both physical and digital formats, with virtual wallet options coming soon.
Interested companies can select from a range of subscription plans and sign up through the Electroverse website.
