White paper: The shift in EV payments: terminals done right
The way EV drivers pay for charging is evolving. All signs point to a transition towards open loop payments using debit or credit cards or digital wallets, made possible by a payment terminal installed on the charger or in a central kiosk serving multiple chargers.
This shift is driven by several forces: regulatory pressure, increasing driver demand, and clear value for charge point operators. But what exactly is pushing this change? What is holding it back? And what should you do as a CPO to avoid falling behind?
The white paper sets out to answer critical questions: what specifically is driving this change, what factors are impeding the necessary rollout of terminals, and what steps should a CPO take to successfully navigate these challenges and avoid falling behind.
By the end of this white paper, you’ll understand:
the key drivers behind payment terminal adoption, the technical and financial challenges CPOs face, and how we as Last Mile Solutions embraced these challenges and transformed them into a turnkey solution, consolidating hardware, payment processing, and financial operations so CPOs can deploy terminals quickly, reliably, and with minimal complexity.
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