Vourity wants to enable crypto payments for 50,000 e-charging stations

The Swedish software company Vourity wants to activate cryptocurrencies as a means of payment for 50,000 e-charging stations. Implementation will begin in November together with HIPS.

E-mobility continues to find its way into Europe. The relevant charging infrastructure is also developing bit by bit. A new cooperation between the Irish payment service provider HIPS Payment and the Swedish software company Vourity aims to accelerate this development. Together they are planning to introduce a payment function with crypto currencies at 50,000 charging stations. That gave vourity in one Press release known. Hans Nottehed CEO at Vourity explained the motivation as follows:

Vourity is all about innovation. It starts with listening to e-drivers to understand and meet their needs. We want to make it easy for drivers to charge their cars. Offering an open platform that enables crypto payments is therefore the logical choice for our next generation world.

Hans Nottehed CEO at Vourity.

Vourity gives strong evidence of Ethereum

It is not yet known which digital currency it is, but it can be assumed that the choice will fall on Ethereum. This assumption arises from one picture on the Vourity homepage that shows a payment terminal. In addition to popular services such as Apple or Google Pay, there is also the “Crypto” category. The ETH symbol can be seen underneath.

The crypto integration into the charging stations of the Swedish company takes place via the HIPS Merchant Protocol (HMP), which was built on Ethereum and Solana. Cryptocurrencies should be connected to the charging stations via the HMP. The project is scheduled to start in November this year. If everything goes according to plan, the integration can be expected to be completed in around three years.

In the meantime, efforts are also being made in Germany to simplify payment processes for e-charging stations. The market is currently very fragmented, which is why customers usually have to open accounts with different providers. The Berlin start-up, among others, wants to tackle this problem peaq Technology accept. For two years now, they have been working there with several German automobile groups on a decentralized platform that is intended to simplify charging and payment processes for e-cars many times over. With the DLT, every registered car or charging station gets its own, sovereign identity. The electric car can use this to authenticate itself at the charging station. If this is successful, the loading process begins. In addition, it recently became the first crypto company to join the Association of the Automotive Industry (VDA).

You can read about how the blockchain affects our mobility in general in the current edition of the Kryptokompass.