Octopus Electroverse and Visa launch payments card

Octopus Energy’s electric vehicle (EV) charging platform, Electroverse, has teamed up with Visa to launch the new ‘Business Payments Card’ which allows drivers to cover everything on the road – from EV charging to tolls, car washes, and meals.

Fleet managers can set spending limits, choose where budgets can be used, and adjust settings at any time, with easy expense uploads and built-in fraud protection keeping budgets secure. 

Every journey, purchase, and receipt appears on one dashboard. Fleet managers get instant insights into driver behaviours, VAT breakdowns, driver IDs, and charging patterns without the need to chase down paperwork.

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 like 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."