A new payment tool makes fleet spending simple, says Matt Pretorius, head of fleet solutions, Octopus Electroverse.

In a major milestone for the UK’s electric vehicle landscape, the country has surpassed 100,000 electric vehicle charge points (EVSE), marking a clear acceleration in its journey toward full electrification. Coinciding with this achievement, Octopus Electroverse for Business recently unveiled a tool for fleet operators navigating the electric transition.

The Octopus Electroverse business payments card is tailored to meet the complex needs of businesses at every stage of their EV transition. Unlike the standard offering, this card, developed in partnership with Visa, extends functionality far beyond EV charging to help businesses that are still making the switch to electric. Businesses and their drivers can now pay for a wide range of travel-related expenses, including fuel, food, car washing and more – all from a single integrated card.

The card links directly to Octopus’s comprehensive fleet management platform, offering total administrative oversight. Fleet managers can view charging behaviour, manage driver profiles and fuel cards, generate detailed reports and access receipts – all from a single dashboard. This streamlining is designed to maximise efficiency and transparency across fleet operations, in a way that puts the business and drivers first.

Standout features of the new solution include no fixed contracts, giving businesses the freedom to opt out at any time, and monthly billing via direct debit, with flexible payment dates to support growing businesses. In addition, the card offers access to Europe’s largest EV charging network (Electroverse) and fuel providers, as well as discounted charging through exclusive partnerships. One example is access to Plunge Pricing, a dynamic pricing model that offers up to 45% off charging during periods of excess renewable energy supply

Octopus Electroverse for Business is changing how fleet managers operate; taking the mundane and flipping them into tools that actually benefit businesses (and speed up the electric transition!). We want businesses to better utilise their charging behaviour and easily identify cost savings, just like we want drivers to have instant access to whichever charging station they need. EV charging for businesses doesn’t have to be tricky; it can be easy, slick and intuitive – and we’ve created Octopus Electroverse for Business to prove that.

Now we’re taking that vision even further – empowering businesses with the tools they need to electrify their fleets with confidence and speed. Every solution that brings more EVs onto the road counts, and we’re proud to be building the infrastructure that helps businesses lead the shift to smarter, more sustainable transport.

The Electroverse for Business platform is available in two core formats: public charging and payments card. Businesses can choose what best fits their needs depending on where they are in their electrification journey. The payments card product is for transitioning fleets that are looking to support their electric and fuel drivers on the same platform, whereas the public charging product is for fully electric fleets, giving their drivers access to Europe’s largest charging network.

As the UK races toward net zero, innovations such as this one are poised to play a key role in helping businesses adapt efficiently and sustainably to the electric future.