Hips and Vourity Announce Partnership to Enable Crypto Payment for Electric Vehicle (EV) Charging in Europe

Allowing the use of crypto payments will make charging convenient for all EV drivers, which will accelerate the move to an all-electric vehicle future

DUBLIN, Ireland (June 23, 2021) – HIPS Payment Group Ltd., a provider of innovative and cost-effective e-commerce and mobile payment solutions, and Vourity, a Swedish SaaS platform for unattended Sales and Payments with one of the leading payment solutions for Electric Vehicle (EV) charging stations in Europe, today announced their partnership, enabling crypto payment for 50,000 EV charging stations across the European Union (EU).

“We are really pleased to announce this partnership as we believe it is forward-thinking on many fronts; allowing the use of crypto payments will make charging convenient for all EV drivers, which will accelerate the move to an all-electric vehicle future,” says John Cavebring, CEO of Hips.

Currently, the Vourity platform enables EV drivers to pay for charging by using regular open payment methods such as credit cards (e.g., Visa and Mastercard), Apple Pay, Google Pay, Swish, and Bluecode. The partnership with Hips will expand customer payment processing options, promoting the use of crypto currency as a viable and accessible option.

Crypto payments will be fully integrated in the Vourity platform and can connect directly to the blockchain via Hips Merchant Protocol's (HMP) native protocol token Merchant Token (MTO) starting November 2021. The roll out to 50,000 EV charging stations across the EU will be over 3 years.

“At Vourity, we are all about innovation and that starts with listening to EV drivers to understand and address their evolving needs. We want to make it easy for drivers to charge their car and offering an open platform that allows for crypto payments is the most logical choice for our next generation world,” said Hans Nottehed, CEO of Vourity.

HIPS Payment Group Ltd. (https://hips.com/) is a provider of innovative and cost-effective e-commerce and mobile payment solutions. Built on cutting edge technology, Hips is disrupting the finance industry with its Payment gateway for Point of Sale, e-commerce and m-commerce, a fully integrated, digital financial commerce platform with full reconciliation and financing support.

Vourity (https://vourity.com) is a multinational fintech SaaS platform for Unattended (Self-service) Payments, Sales and Delivery. By combining AI + Fintech + IoT Vourity enables companies to sell their products and services 24/7 in self-service physical cases such as Electric Vehicle Charging, Paid Access and Unattended Retail. The company was founded in 2018 and is headquartered in Sweden.