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Mastercard & Last Mile: The Ultimate EV Payments Solution

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TLDR:

  • Mastercard has partnered with Last Mile Solutions to launch a universal payment-terminal solution for EV charging stations across Europe.
  • The solution will help address the needs of electric vehicle Charge Point Operators (CPOs), making the charging experience more convenient for consumers while staying compliant with EU regulations.

Mastercard and Last Mile Solutions have partnered to launch a universal payment-terminal solution for EV charging stations in Europe. The aim is to address the needs of electric vehicle Charge Point Operators (CPOs), simplifying payment terminal integration, onboarding, and transaction processing. This partnership will help foster the uptake of electric vehicles in Europe by removing existing barriers and simplifying the charging payments process. Last Mile Solutions, an independent EV charging and smart energy software-as-a-service (SaaS) platform, currently operates over 183,000 charge-point stations connected to its network across 22 countries.

The new payments solution will enable CPOs to integrate their existing charging stations with various payment terminal brands without the need for extensive integration work. By offering a seamless payments experience, Mastercard and Last Mile aim to make EV charging more convenient for consumers while ensuring compliance with EU regulations.

Both companies are focused on promoting the adoption of electric mobility to create a more sustainable world. Last Mile Solutions, established in 2007, has grown to become a leading EV charging and smart energy SaaS platform in Europe. Eric van Voorden, CEO of Last Mile Solutions, stated that the strategic partnership with Mastercard will accelerate seamless EV adoption and provide an effortless payment terminal solution for charging stations. This collaboration aims to support Charge Point Operators in complying with alternative fuels infrastructure regulations and allow them to focus on their core business.

Overall, this partnership between Mastercard and Last Mile Solutions will help simplify and streamline the payments process for EV charging stations in Europe. By providing an integrated payment terminal solution, CPOs can enhance the charging experience for consumers and contribute to the broader goal of accelerating the adoption of electric vehicles.

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