Article Highlights
Consumers are looking for convenient payments when charging their EVs, while the payments industry also wants to hold fraud at bay. Experts weigh in on overcoming the challenges.
The size of the UK public charging network has doubled in the last two years, while 2024 has experienced 42% year-over-year growth.
• ChargeUK
• BP Pulse
• EMVCo
Electric vehicle charging networks are growing substantially in such countries as the UK, but there are challenges to deal with, including how to ensure ease of payments while avoiding fraud.
There has been no shortage of ways to pay for the electricity needed to power the growing number of EVs on the road today. Historically, public charging networks have relied on multiple methods of taking payments. In addition to a large variety of mobile apps, customers have also used RFID fobs, contactless cards, QR codes and open-loop payments.
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