Enhancing payment network services for EV charging

Challenge

A regional payment network requested an analysis of its capabilities, rules and regulations in relation to the growing industry of electric vehicle (EV) charging, with the end goal of identifying gaps and issues and properly updating its rules and regulations. To make this happen, they needed a partner who knows the EV charging market and the different payment methods around this industry and can provide the proper recommendations for improvement.

Solution

What we did to support our client:

Ecosystem and opportunity analysis: we identified regional trends and positioning of industry players, with a focus on payment-related aspects, form-factors, use cases, challenges, and best practices.
Policy gap assessment: we conducted a thorough benchmark of industry operating regulations, identifying differences and gaps to provide our client with a comprehensive understanding of how the industry deals with EV charging transactions.
Policies update: we provided recommendations for updates based on identified gaps, prioritized for urgency and with a focus on overall alignment with business strategy.
Implementation guide: we created a comprehensive implementation guide for relevant stakeholders, detailing how the EV charging transactions will be implemented and processed by the network.

Solution

What we did to support our client:

Ecosystem and opportunity analysis: we identified regional trends and positioning of industry players, with a focus on payment-related aspects, form-factors, use cases, challenges, and best practices.
Policy gap assessment: we conducted a thorough benchmark of industry operating regulations, identifying differences and gaps to provide our client with a comprehensive understanding of how the industry deals with EV charging transactions.
Policies update: we provided recommendations for updates based on identified gaps, prioritized for urgency and with a focus on overall alignment with business strategy.
Implementation guide: we created a comprehensive implementation guide for relevant stakeholders, detailing how the EV charging transactions will be implemented and processed by the network.

Results

The insights into the EV charging ecosystems allowed our customer to identify key partnerships required to address the mobility industry and lay down the foundation for their mobility programs. Their rules and regulations have been upgraded to support the EV charging payment use cases. With the new implementation guide, this segment of the network services was clearly articulated to the network partners and customers.

Enhancing payment network services for EV charging

Challenge

Solution

Solution

Results

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