Cashless Payments for EV Charging Stations at Workplaces Are a Win-Win

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Cashless Payments for EV Charging Stations

In a previous blog, we discussed why corporate businesses must give serious thought to investing in electric vehicle charging stations for workplaces. This post builds on that discussion and explains how adding a cashless payments facility to EV charging stations makes charging on the go as easy as paying at the pump.

It’s understood that equipping workplaces with EV charging stations is a much-needed, progressive idea. But why should employers equip these stations with a cashless payments solution?

To begin with, consumer adoption of cashless payments is growing exponentially on a year-on-year basis. The World Payments Report 2018 by Capgemini and BNP Paribas, in fact, estimates that non-cash transactions will accelerate at 12.7% CAGR globally through to 2021.

By making a cashless payment facility available with EV charging stations, employers can guarantee employee satisfaction, as well as avail the benefits of convenience and faster transactions. After all, no one wants to worry about having enough cash on-hand to ensure that their electric car gets charged as needed. And the bother of registering or subscribing to a specific charging company is a nuisance. With EV Meter, these annoyances don’t exist.

EV Meter dual Level 2 EV charging stations come equipped with Nayax’s VPOS Touch, the global leader in open cashless payment systems. VPOS Touch allows employees to use credit and debit cards or even mobile apps like Apple Pay, WeChat Pay, Alipay and others. In addition, because of the ability to pay with prepaid cards, workers can use their employee ID cards to make payments at EV Meter charging stations. Configuring prepaid cards is an easy task using the back end management suite. While employees can revalue their cards easily through a Web-based portal, employers get to cut down on the administrative and overhead costs.

What’s more, employers can offer different pricing for different users. For example, VPOS Touch can be set up to provide subsidies and discounts to employees, while guests and other users in the parking lot can pay with their preferred means of cashless payments.

Learn more about equipping your workplace with an EV charging station that supports cashless payments. Get in touch with us here.

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