Issuer processing company Enfuce has extended its partnership with Visa through the launch of the latter’s new mobility card solution, dubbed the Visa Fleet 2.0.
The extended partnership will enable Enfuce to deliver the Visa Fleet 2.0 solution to their mutual, prospective clients.
Besides, the collaboration between the parties is expected to transform fleet management across Europe.
Furthermore, the partnership will deliver improved efficiency through rich data and insights, cost reduction, and a significant pivot towards sustainable transportation and mobility budgets, said Enfuce.
Enfuce co-founder and co-CEO Denise Johansson said: “The card will help card issuers right across Europe thrive in the current market, while also equipping them for the fossil-free future.
“Considering the majority of fleet operators are looking to transition to petrol-free vehicles, it’s crucial for fuel card issuers to adapt to these changing market dynamics. By offering enhanced flexibility, security, and convenience, our new card aims to meet these evolving needs of fleet operators.”
The Visa Fleet 2.0 solution is not limited to particular fuel retailers or specific types of products like petrol or diesel and can be utilised at any location that accepts Visa cards, said Enfuce.
Visa‘s new solution will allow drivers to tap the most efficient routes and access optimal fuel prices and eliminate the need to carry multiple fuel cards.
Moreover, the fleet and mobility card can be used for all types of expenses chosen by the issuer, including electric vehicle (EV) charging, tolls, mass transit, and micro-mobility.
Other advantages of the Visa Fleet 2.0 are detailed transaction data, purchase restrictions and spend controls as well as improved security.
Visa fleet and mobility head Richard Campion said: “Expanding access to financial tools and services is core to Visa’s purpose as we seek to uplift everyone everywhere.
“We’re excited to continue our work with Enfuce, helping them deliver our mobility card solution to their customers across Europe as they work to revolutionise the fleet management space.”
