Member News: CarPay-Diem partnership sees Parkopedia become the largest facilitator of in-car fuel payments in Europe
CarPay-Diem partnership sees Parkopedia become the largest facilitator of in-car fuel payments in Europe
Parkopedia has announced a partnership with leading fuel payment provider CarPay-Diem to strengthen Parkopedia’s recently launched integrated multi-domain payment platform. The new
partnership expands the coverage of Parkopedia’s in-car fuelling payment solution to now become the largest facilitator across Europe.
CarPay-Diem is a trusted fuelling payment provider, with a 90 percent returning customer rate, in which the corporate services provider Edenred, a giant in the fleet, mobility and corporate
payment sector with more than 44 million users worldwide has recently invested. Edenred also owns mobility solution and fuel card specialist, UTA, enabling a strategic partnership between CarPay-Diem and UTA, combining the digitising of both the corporate fuel card and payment industries in Europe.
Having recently surpassed one-and-a-half million fuel refills, CarPay-Diem connects drivers with fuel networks, enabling pay-at-the-pump activation and payments from user’s smartphones. Integration of CarPay-Diem into Parkopedia’s multi-domain payment platform allows drivers to complete these tasks via their vehicle’s integrated head units, as well as incorporating wider vehicle sensor data to provide a seamless and complete digital fuelling experience.
By adding CarPay-Diem’s services to its payment platform, Parkopedia will now enable in-car fuelling payments at almost 3,500 fuel stations across Germany, Austria, Belgium, France, Luxembourg and the Netherlands – the largest reach of any connected vehicle payment services provider. The number of fuel stations covered is predicted to rise to more than 60,000 across 18 countries over the next three years with existing partnerships alone, and as CarPay-Diem expands its reach into Poland, Italy, Spain, Austria and Switzerland shortly.
When a vehicle arrives at the fuel station, the driver selects an available fuel pump number on their in-car infotainment screen. The platform activates the pump automatically, initiates the transaction and securely manages the payment from the vehicle. Once the nozzle is replaced, a transaction receipt will appear on the vehicle screen which can be sent to smartphone devices which can then be uploaded to company expense systems, as well as relaying information regarding any loyalty points earned. CarPay-Diem also works with fuel retailers to pass along personalised offers ahead of, or during the transaction, with the potential to save drivers money on their refuelling or purchases at the station – delivering a heightened level of connected service to drivers and simplifying management for automakers and service providers.
Already the market leader for in-vehicle parking payments, Parkopedia’s existing payment solution is currently in use by various leading global automakers. The recently announced expansion of the platform manages the full aggregation and payment flow between providers into a single payment platform, and will now also include payments for Electric Vehicle (EV) charging, fuelling and tolls, using a single sign-on solution that removes the need for drivers to maintain multiple apps and accounts for their on-the-road payment needs.
Hans Puvogel, COO at Parkopedia, commented: “We are delighted to welcome CarPay-Diem’s essential pay-at-the-pump fuelling services into our rapidly growing payment platform. By combining leading connected vehicle service providers into our single API, we are able to offer automakers a complete, integrated solution that presents unparalleled vehicle-centric in-car payment services for drivers. With CarPay-Diem’s impressive coverage of fuelling stations in Europe and ambitious plans for expansion over the next three years, the partnership means we are now the largest facilitator of in-car fuelling payments in Europe, with our coverage across all domains on the payment platform growing globally, every day.”
Philippe Meyer, Chief Customer Officer at CarPay-Diem, added: “Leveraging Parkopedia’s aggregation of vertical mobility services such as parking, tolling and charging through a unique payment experience, CarPay-Diem completes that offering thanks to our distinctive approach to serve those markets “differently” than competing pay-at-the-pump solution providers and our ambition to become – together with our customers and partners – Europe’s largest and most diversified acceptance network.”
Parkopedia is the leading connected car services provider used by millions of drivers and organizations such as Audi, Apple, BMW, Ford, Garmin, GM, Hyundai Kia, Jaguar Land Rover, Mercedes-Benz, Peugeot, Sygic, TomTom, Toyota, Volkswagen, and many others. Parkopedia helps drivers find and pay for parking, EV charging, fuelling and tolls in 15,000 cities across 89 countries. Parkopedia is also developing highly detailed parking maps and corresponding algorithms to help drivers and self-driving vehicles navigate to an open parking space indoors. Visit business.parkopedia.com for more information.
CarPay-Diem is the missing link between fuel networks and their clients. Our service integrates into existing mobile apps or connected vehicles and allows them to activate any fuel pumps
whilst managing the payment transaction. The platform also allows fuel retailers to send personalized offers to the drivers’ device ahead of or during the transaction. CarPay-Diem ensures a great user experience, enables more sales for the fuel station and offers monetization of the community accessing the service. CarPay-Diem also digitalizes fleet fuel cards to allow for their onboarding in connected vehicles and telematics solutions. Virtual fuel cards decrease the production cost for the issuers while drastically reducing the logistic cost for commercial fleets having several cards in each of their trucks. CarPay-Diem integrates any method of payment and can connect with the majority of the fuel stations equipment. In using an established community, preferably from a mobile banking one, ensure immediate adoption and high utilization. Visit www.carpay-diem.com for more information.
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