Partnership empowers US EV charging providers to offer more flexible payment options
Baltimore/New York/Atlanta (May 24, 2023) – Transaction Services (TRX), a leading payment processor, has teamed up with Saascharge, a leading provider of software and application services for EV charging companies in North America, to create a powerful billing solution for the rapidly growing EV charging market.
Through this partnership, EV charging networks will have more flexibility to offer various payment methods and fee models to different charging station types and locations. This partnership and platform will enable networks to offer more attractive rates to their commercial customers, company fleets, and private users.
The first customer under this partnership is ESD Global, a New York-based charging company. TRX will handle the payment processing of all charging sessions, providing a special rate focused on residential users.
Scott Martin, CEO of Transaction Services, remarked, “Our partnerships strategy is to find best-in-class teams that offer powerful solutions while also being world-class in their approach to customer service and support. We are thrilled to partner with Saascharge, as together we will deliver greater flexibility in payment options with an unwavering commitment to serve our mutual customers.”
Richard Albrecht, CEO and Co-Founder of Saascharge, said: “We are excited to partner with TRX in bringing a unique approach to billing services for the EV charging industry. By tailoring pricing models to specific market needs, we can help our customers reduce costs and improve user experience. This is a win-win for everyone involved.”
The partnership between Saascharge and TRX reflects the growing demand for innovative and cost-effective solutions in the EV charging market. As more companies enter the market and more drivers switch to electric vehicles, efficient billing services will become increasingly important to ensure the growth and sustainability of the industry.
About TRX
Transaction Services is a leading provider in payments with many decades of experience serving our customers from their headquarters in Atlanta and offices in New Jersey and Pennsylvania. The core platform is engineered to be technologically efficient and equally secure in handling all aspects of the payments cycle, while also delivering quick insights into transaction activity via their reporting dashboard and other tools.
About Saascharge
Saascharge’s scalable, open platform enables e-mobility providers to profitably operate and control their own EV charging networks for the first time. By leveraging e-roaming, ensuring broad, intra-network charging, coupled with a novel, geo-advertising application, Saascharge not only enables the most profitable network economics but also the best driver engagement and charging experience available. Saascharge is based in the US and has operations in nine countries on three continents.