Visa releases Fleet 2.0 card with 15 partners

Visa has launched its Fleet 2.0 programme with 15 partners, to mark Visa’s next step in the development of fleet and B2B mobility payments.

The Visa Fleet 2.0 card was designed to deliver a more comprehensive option, with more flexibility, universal acceptance, real-time tracking and analytics.

It was created to solve a range of legacy issues and pain-points within the fleet management industry, with 77% of drivers admitting they were unhappy with the complexity of their existing payment solutions and 84% of operators frustrated with the lack of a unified platform.

This solution gives partners the ability to expand their offerings, streamline operational complexity, and capture new revenue channels.

The partners from around Europe include Cardlay, Carpay-Diem, Enfuce, Episode Six, Froda, G4S Telematix, Mynt, Nuek, Picafuel, Plan A, Pliant, ReceiptHero, Stacc, The ai Corporation, and XXimo.

Over the past nine months, the partners have been joining Visa’s Ready for Fleet programme, culminating at the Visa Ready for Fleet Summit yesterday.

The programme provides technology partners with tools, frameworks, and validation to ensure their solutions meet Visa’s standards for functionality, integration, and security – looking to bring fleet card programs to market faster.

Richard Campion, head of fleet and mobility at Visa, said: “Business mobility is on the brink of huge change, with more adaptable solutions required to keep up with the pace of evolving customer needs.