Collaboration

Mastercard and Last Mile Solutions target EV charging terminal payment pain points with new solution

Photo: Last Mile Solutions

Payment giant Mastercard is joining forces with Last Mile Solutions, an electric vehicle (EV) charging and smart energy management platform provider to make paying for charging a lot easier.

Through the partnership, Mastercard will introduce a new payment terminal solution that enables CPOs to integrate existing EV charging stations with a variety of payment terminal brands, without requiring extensive integration efforts. Mastercard hopes the payment gateway solution will unify the user experience and simplify payment terminal integration, onboarding and transaction processing.

George Simon, executive vice president of market development Europe at Mastercard: “The transition to the mass adoption of electric mobility is key to building a more sustainable world. Achieving this requires partnerships like these to make the transition as seamless as possible, not only for consumers but also for infrastructure operators.”

The solution will be rolled out across Europe starting in early 2024 to enable CPOs to comply with the EU AFIR regulation that will come into force in April 2024.

Last Mile is one of the leading independent EV charging and smart energy software-as-a-service (SaaS) platforms for charge point operators and mobility service providers across Europe. Founded in 2007, the company has grown across the continent to provide over 183,000 charge-point stations directly connected to its network, and around 500,000 charge-points in 22 countries linked to Last Mile’s roaming network.

Author: Peter van Noppen

Source: Fintech Magazine

Mastercard and Last Mile Solutions target EV charging terminal payment pain points with new solution - ChargeInfra
Collaboration

Mastercard and Last Mile Solutions target EV charging terminal payment pain points with new solution

Photo: Last Mile Solutions

Payment giant Mastercard is joining forces with Last Mile Solutions, an electric vehicle (EV) charging and smart energy management platform provider to make paying for charging a lot easier.

Through the partnership, Mastercard will introduce a new payment terminal solution that enables CPOs to integrate existing EV charging stations with a variety of payment terminal brands, without requiring extensive integration efforts. Mastercard hopes the payment gateway solution will unify the user experience and simplify payment terminal integration, onboarding and transaction processing.

George Simon, executive vice president of market development Europe at Mastercard: “The transition to the mass adoption of electric mobility is key to building a more sustainable world. Achieving this requires partnerships like these to make the transition as seamless as possible, not only for consumers but also for infrastructure operators.”

The solution will be rolled out across Europe starting in early 2024 to enable CPOs to comply with the EU AFIR regulation that will come into force in April 2024.

Last Mile is one of the leading independent EV charging and smart energy software-as-a-service (SaaS) platforms for charge point operators and mobility service providers across Europe. Founded in 2007, the company has grown across the continent to provide over 183,000 charge-point stations directly connected to its network, and around 500,000 charge-points in 22 countries linked to Last Mile’s roaming network.

Author: Peter van Noppen

Source: Fintech Magazine