Eurowag, a leading provider of integrated road transport solutions in Europe, has announced a new partnership with Visa and Nexi Group, marking a milestone in the digitalization of payments for fleet management. This collaboration will allow for the offer of a new prepaid contactless open-loop card, providing carriers with greater security, flexibility, and efficiency in their daily transactions.
The Eurowag Visa card, which replaces the previous Eurowag Mastercard, is now commercially available and offers a more versatile solution accepted at any establishment that works with the Visa network in Europe.
According to Jiří Petrák, Head of Payment Products at Eurowag,
“Eurowag’s membership in the Visa network brings new benefits to card users and opens the door to multiple FinTech services. In the future, we will be able to offer expense management with physical and virtual cards, mobile payments through Google Pay and Apple Pay, tokenization, and an innovative hybrid card that combines closed-loop and open-loop functions.”
Advanced technology for safer and more efficient payments
The partnership between Eurowag, Visa, and Nexi Group aims to optimize payments in the transport sector, facilitating expense management and improving security.
Main advantages of the new Eurowag Visa card
- Increased payment flexibility
- Accepted at any establishment that works with the Visa network, with no restrictions to a closed-loop circuit.
- Ability to make contactless and cashless payments at any service station in Europe.
- Enhanced security and control
- Advanced fraud protection thanks to tokenization technology and real-time security.
- Ability to centrally manage expenses and fines payments for drivers.
- Innovation and digitalization
- Compatibility with Google Pay and Apple Pay, allowing for fast and secure mobile payments.
- Option for virtual cards to improve expense management in transport companies.
- Simplification of fleet management
- Integration with data management systems and expense optimization.
- Reduction of administrative tasks by centralizing payments on a single card.
According to David Jones, Fleet and Mobility Manager at Nexi Group,
“The Eurowag fleet has 280,000 active trucks in 23 countries. It is essential to provide a secure and efficient solution for drivers to manage their payments from any location. Nexi is committed to innovation in payments for the transport sector, and this partnership strengthens our position in the European market.”
In turn, Henrik Anker Jørgensen, Vice President and Head of the Baltic region at Nets (part of Nexi Group), emphasizes:
“At Nets, the speed and quality of implementing payment solutions is key. We are proud to see how our technology is applied in a project of this magnitude, optimizing the payment experience for thousands of carriers in Europe.”
Eurowag embraces the future of financial digitalization
The collaboration with Visa and Nexi Group is part of Eurowag’s FinTech strategy, aimed at leading the digital transformation in the transport sector. The implementation of the new card marks the first step in a series of innovations that will include advanced expense management tools, invoice digitalization, and optimization of financial control in transport fleets.
According to Branislav Beer, Director of Visa Commercial Solutions, CEE,
“Visa and Eurowag have embarked on a path that will transform payment management in the transport sector. Our technology will enable more efficient processes for fleet companies, with advanced tools such as invoice digitalization, real-time expense control, and connection to accounting systems. This alliance is just the beginning of a significant evolution in the industry.”
In addition to the transition to the Visa network, Eurowag has developed a new design for all its payment cards, which will be available to customers starting February 2025.
About Eurowag
Eurowag is one of the leading providers of integrated mobility and payment services for transport companies in Europe, operating since 1995. Its mission is to make freight transport cleaner, fairer, and more efficient through innovative digital solutions.
Main services:
- Payment for conventional and alternative fuels.
- EV charging.
- Toll payments and tax refunds.
- Advanced telematics and optimized navigation.
- Specialized consulting in sustainable mobility.
At IAA Transportation 2024, Eurowag presented Eurowag Office, its unique digital platform that offers integrated services for fleet management in one place.
Eurowag also promotes social responsibility initiatives, highlighting its Philanthropy and You program, in which 75% of its employees actively participate, donating funds to social causes.