The goal is to simplify payments for electric vehicles (EVs) charging to help further drive the adoption of zero-emission vehicles.
Visa is working to create interoperable, secure and seamless payment experiences everywhere for everyone, getting customers where they want to go, faster and easier. The use of EVs is growing rapidly, and as charging infrastructure grows to meet demand, the EV charging payment experience varies greatly from charger to charger.
  • 35% of global vehicles sales will have EV capabilities by 2030¹

  • 15M EV charging points anticipated by 2030 globally²

  • 10K installation of public charging points a week in 2023 compared to 1,600 per week in 2021

Visa supports digital payments in the EV charging space by:

Promoting interoperability and security

Visa educates consumers and merchants on the importance of open-payments solutions, such as contactless or e-commerce acceptance.

Driving consumer choice

Paying for EV charging should be as simple as paying for fuel at the gas station. Visa enables consumers to pay for charging through their preferred and most convenient payment method.

Ensuring a seamless experience

Visa strives to provide cardholders with a frictionless EV charging payment process.

Explore additional information regarding payments in EV charging.

Optimizing payments for electric vehicle charging

Discover comprehensive information about Visa EV Charging Payment Solutions in our detailed brochure.

Download the EV brochure

Electric vehicle customer thought leadership

Access in-depth analysis and insights on EV charging payments and customer groups through our Visa Consulting & Analytics (VCA) report.

Read the VCA report

Electric vehicles are transforming mobility, economies and payments

As electric vehicle (EV) charging networks continue to expand, consumer spending is shifting toward areas with chargers.

Read the EV insight

Contact us with further questions or inquiries.

Sources/Footnotes/Disclaimer

 

  1. Bloomberg NEF; Global Electric Vehicle Outlook 2022 & CNBC.com. “Auto executives say more than half of U.S. car sales will be Electric Vehicles by 2030, KPMG survey shows.” 2021, Nov 30.
  2. Outlook for electric vehicle charging infrastructure - Global EV Outlook 2024 - Analysis - IEA