Octopus Electroverse and Visa make going electric a breeze with new ‘Business Payments Card’

• Electroverse first in the UK to offer Visa Fleet 2.0 Business Payment Card
• One card for all fleet expenses, making the switch to electric simpler
• Fleets can save up to 45% on charging with Plunge Pricing, unlocking cheaper green energy when the grid is at its cleanest

London, 28 August 2025 – Octopus Energy’s electric vehicle (EV) charging platform, Electroverse, has teamed up with Visa, a world leader in digital payments, to launch Electroverse’s brand-new ‘Business Payments Card’, making it easier for fleets to pay, track and save on the move.

Powered by Visa Fleet 2.0 and available for fleets in the UK for the very first time, Electroverse is the first business to bring this next-generation payment card to market.

For fleets, juggling different charging cards, apps and payment options has long been a headache, slowing down fleet electrification and leaving drivers and fleet managers tangled in admin. With the ‘Business Payments Card’, Octopus Electroverse and Visa make it easier to keep track of fleet expenses.

The Business Payments Card works as both a traditional fleet card and a full spending card, allowing 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 lives in one sleek dashboard. Fleet managers get instant insights into driver behaviours, VAT breakdowns, driver IDs, and charging patterns without the need to chase down paperwork.

The new ‘Business Payments Card’ is the latest addition to Electroverse’s growing suite of ‘Octopus Fleet’ solutions, designed to support businesses in their shift to electric transport.

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."

Electroverse continues to lead the way in EV charging. Most recent innovations include Plunge Pricing – a first-of-its-kind public charging tariff that slashes costs by up to half when renewable energy is abundant, Plug & Charge technology for seamless, tap-free top-ups, and the world’s first electric plane charging network in partnership with AeroVolt.

The Electroverse ‘Business Payments Card’ is available in both physical and digital formats, with virtual wallet options coming soon.

Interested companies can choose from a variety of subscription plans and sign up via the Electroverse website.

-ENDS-

Notes to editors:

Sources:

*PWC Fleets ahead! Report, 2021

Press Contacts

Octopus Energy Group

Christina Hofmann

Senior PR Manager

press@octoenergy.com

+44 (0)20 4530 8369

About Electroverse

Launched in summer 2020, Octopus Electroverse is Octopus’ answer to the frequent complaint that Electric Vehicle (EV) drivers need many different apps and cards to use the variety of brands of EV charging stations. Electroverse is making public charging simple by having just one card and one app, with zero added costs or ongoing fees, and support for the latest in-car technology.

EV drivers across the globe can now access over 1 million different charge points from over 1,200 different charging operator brands in 40 countries. Electroverse is open to anyone, and Octopus Energy customers have the option of linking their public EV charging with their home energy bill for the ultimate simplicity. Electroverse won ‘Best EV Innovation’ at Driving Electric Awards 2021, ‘Best Use of Technology’ at UK Business & Innovations Awards 2022, ‘Mobile Innovation of the Year’ at National Tech Awards 2024, and ‘ Best Consumer Proposition’ at the Electric Vehicle Innovation and Excellence Awards (EVIEs) 2024.

For more information on Electroverse, head to our website.

About Octopus Energy Group

Octopus Energy is a global clean energy tech business, driving the affordable, green energy system of the future. Under its own retail brand, Octopus delivers world-class customer service and cutting edge energy products to over 9 million households globally. Its operations span 32 countries and the entire energy value chain. The group invests in, builds and flexibly manages renewable energy, operating a £7 billion portfolio of projects.

Octopus has licensed its advanced data and machine learning platform, Kraken, to support over 60 million customer accounts worldwide through licensing deals with companies such as EDF, E.ON and Origin Energy. Kraken enables Octopus to drive the electrification of heat and transport through smart tariffs and innovative cleantech. Backed by pension funds, investors and energy giants, Octopus Energy Group businesses deliver cheaper, greener energy and cutting-edge tech to countries and customers worldwide.

For more information, check out our website.