Paythru partners with Adyen on electric vehicle charging payments platform
The new EV payments platform will help to standardise how drivers pay at EV charge points. EV drivers primarily pay for charging using credit or debit cards, either by tapping their cards on a payment terminal or by using a kiosk. Other methods include using charging cards (RFID), smartphone apps, and 'Plug & Charge' technology. Some stations also allow for online payments or payments through QR codes.
0
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
In an attempt to address the problem of inconsistent payment methods at different charge points, EV specialist Paythru's partnership with Adyen should remedy this issue with the creation of an omni-channel payments platform.
Adyen's acquiring platform, currently used by the likes of Uber and Spotify, supports a variety of payment methods like credit cards and digital wallets, such as Apple Pay and Google Pay, bank transfers, and many local payment methods, whether online, in-person, or in-app.
Drivers will now be able to pay with their preferred payment method, and recieve other benefits such as transparent pricing, emailed digital receipts, and real-time data integration. Key features of the new EV charging payment platform will also include support for over 100 global payment methods across over 100 countries, including mobile wallets and fleet cards, plug and charge that ensures compatibility with energy optimisation and bi-directional charging, as well as white-label front ends for charge point operators and fleet managers.
Nicole Olbe, managing director UK&I, Adyen, says: "To encourage faster vehicle adoption, drivers expect an easy charging experience. This doesn't just mean widely available infrastructure, but ease of payment too. Drivers should be able to charge their vehicles without navigating lots of apps or unclear pricing. It's why we're collaborating with Paythru to deliver a global omni-channel payment solution that provides seamless, reliable, and transparent payment experiences worldwide. Aligning the ecosystem around open and accessible payment standards is more than just a matter of convenience; it is essential for building trust and accelerating the EV transition."
Keith Brown, managing director, Paythru, adds: "At Paythru, we believe that the EV charging experience should revolve around the driver, not the hardware. That starts with getting payments right. Our partnership with Adyen allows us to deliver on that promise, combining deep sector knowledge with a world-class payments infrastructure to provide a solution that's globally scalable and built with the end-user in mind. Fragmented systems, incompatible apps, and opaque pricing are holding back EV adoption."
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
31 minutes ago
- Reuters
EU will propose more flexibility for defence procurement, commissioner says
BRUSSELS, June 10 (Reuters) - The European Commission will propose next week to give governments more flexibility on defence procurement and make access to European funding easier, European Defence Commissioner Andrius Kubilius said on Tuesday. "Without this simplification, nothing else in defence readiness will be possible to achieve," Kubilius told a conference in Brussels. "Putin will not wait for us to get our paperwork in order," he added. The European defence industry has raised concerns about EU red tape and delays in accessing funds. The proposal, expected to be presented on June 17, will aim to address some of these complaints. "We intend to give more flexibility to member states in common procurements, more flexibility on framework agreements, and we intend to facilitate innovation procurement," he said, adding that the Commission also wants to make access to the bloc's defence fund "easier". The commissioner said it would also be important to look at other rules that impact defence, pointing to permits, reporting obligations, competition rules and sustainable finance. Kubilius said the Commission will propose simplifying a directive on defence procurement and a directive on intra-EU transfers of defence products.
The Sun
33 minutes ago
- The Sun
Sky launches brand new £6 a month TV service TODAY in tempting bid to make Q box owners switch
SKY is launching a brand new service from today, and it will set entertainment fans back by just £6. TV lovers can now get their hands on a brand new TV set for just 20p a day, as the broadcasting giant launches Sky Glass Air. The new TV can be purchased via a 48 month interest free loan, as the broadcaster aims to tempt Sky Q users to make the switch. 2 2 The cheapest package available with the new TV is Sky Essential TV, which comes with 100 channels, including Sky Atlantic, and Netflix and Discovery+, all for just £15. Combined, for £21 per month, viewers are effectively paying less than 70p per day for the TV and service. Unlike Sky Q, which is currently being phased out, Sky Glass Air relies on internet connection to beam TV channels to your home, instead of a satellite dish. This means that installation for the new TV service will be simple, as you won't have to get an engineer to come round and start drilling through your walls. Sky Glass was launched back in 2019, but users were unimpressed with the thick built in Soundbar. The broadcaster hopes that the thinner soundbar on the Sky Glass Air will tempt more Sky Q users to make the switch. The new TV, which goes on sale today, June 10, comes in three colours - Sea Green, Carbon Grey, and Cotton White. There are three different sizes, 43 inches (from £6 a month), 55-inches (from £10 a month), and 65 inches (from £13 a month). "With Sky Glass Air, we're bringing the Sky experience to more people through a beautifully designed TV with stunning picture quality from just £6 a month," said Carli Kerr, MD of Sky TV & NOW. Sky Offers Free Movie Gift and More "It's all about giving people better for less: more choice, great tech, and the content they love, without compromising on quality. "From the ultimate performance of Glass Gen 2 to the incredible value of Air, there's now a Sky Glass to suit everyone, whether you're new to Sky or already with us." Customers can also choose to pay for the TV set outright if they wish, with the 43 inch model costing £309, and the 55 inch set costing £509. The 65 inch TV is priced at £649. What are Sky's early termination fees? SKY TV customers will incur an early termination fee if they choose to cancel their contract before the end of the agreed minimum term. The amount you're charged depends on: How long is left of your minimum term from the date your subscriptions end, calculated in days The days you have already been billed for in advance The products you subscribe to, the price you pay for them and when your subscriptions end For Sky TV, early termination charges range from £14.00 to £42.89 per month, depending on the specific package. For instance, if you cancel a standard Sky TV package priced at £33.82 per month with 12 months remaining on a 24-month contract, you would be required to pay the remaining 12 months' fees in one lump sum. This would result in a total early termination fee of £405.84. Entertainment fans can also upgrade to to Sky Ultimate TV for an extra £7 per month, which gives viewers access to Sky Max, Sky Comedy, Sky Documentaries, Sky Crime, Sky History, Sky Showcase and more. Sky revealed that 90% of new users opt for Sky Glass or Sky Stream, but it is struggling to win over Sky Q fans. Paolo Pescatore, an expert for PP Foresight, told The Sun: "The majority of its existing subscribers are still on the tried and trusted Sky Q platform which relies on a satellite dish. "Converting this base is taking the company much longer than it originally expected." One thing that Sky Q customers are not convinced by is the way recordings work, as Sky Glass Air saves everything to the cloud, meaning you can't rely on recordings during rare TV outages. However the expert added that the new affordable model should "strongly resonate with customers".
Reuters
41 minutes ago
- Reuters
UBS shares slide 7%, reversing gains after Swiss capital proposals
LONDON, June 10 (Reuters) - Shares in UBS (UBSG.S), opens new tab dropped 7% on Tuesday as investors worried about the impact of new government proposals to force the Swiss bank to hold $26 billion in extra capital, including on the bank's plans to return cash to shareholders. UBS's stock had risen after the government on Friday announced its proposals to make its banking system safer, but on Tuesday the shares reversed those gains and by 0755 GMT were 7.1% lower at 25.91 francs, set for their biggest one-day drop in two months. Deutsche Bank analysts said on Monday, when Swiss markets were shut, that UBS's capital returns to investors for 2026 and beyond remained uncertain. Citi analysts, however, said UBS should be able to manage the extra capital demands without affecting future buybacks and dividends. "Our remaining concern is that this still needs to go through a consultation and legislative process, so could yet be amended, and outside of the capital debate, we worry about UBS's consensus earnings momentum, which continues to be weaker than peers on ongoing NII (net interest income) softness," they said.
