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How to create a payments strategy to accelerate EV adoption

Electric vehicles (EVs) charging and mobility providers can take advantage of a unique opportunity to grow their businesses with the right payments strategy.

4 November, 2024
 ·  5 minutes

As EVs gain traction in Singapore and across Southeast Asia, mobility providers face different challenges like getting investment, planning, building out infrastructure, and many other critical components of their businesses. 

However, an equally critical element of any successful mobility or EV charging business model is the payments strategy. Providing a seamless customer experience, and having the right technology in place, is almost as important as the charging infrastructure itself. In fact, a strategic payments setup can become a critical enabler of customer satisfaction and business growth. 

Let’s look at some of the key considerations for mobility providers around EV charging in Singapore, including those that want to expand internationally.

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