Dutch payment group Adyen will issue virtual payment cards to companies across the UK and Europe looking to provide transport services to its employees.
The company announced the decision as part of an extended partnership with mobility app, FREE NOW, which will see the ride sharing service expand beyond its own app, to include a host of diverse transit methods such as public transport buses, metros, train travel and ferries.
With Adyen’s issued Visa business cards, companies will retain full control of when, where and up to how much employees can spend on travel. To enable total mobility, the cards will be able to be easily stored in employees’ digital wallets.
Once uploaded, employees can use their FREE NOW branded Visa business cards to pay for taxis, train tickets, tap-to-pay metros, buses, trams, or any other transport point-of-sale, whether that be in their daily commute or during business travel.
Fabio Griemens, Director B2B Operations at FREE NOW, said, “The virtual payment card issued by Adyen enables us to offer an even wider range of mobility options to our business clients. It was very important to us to find a trustworthy partner with international reach, so our clients can use their Mobility Budget wherever they are in the world. Adyen’s dedicated and proactive support during the integration phase helped us to launch this project to our customer’s across Europe very swiftly & professionally.”
This one-stop-approach will also offer added insights into employees’ transaction activities, which can then better inform companies’ budget allocation. Through single integration, the same card can be issued at a company’s other locations across the UK and EU, Adyen added. Meanwhile, when employees travel abroad, the card can be used in any country where Visa is accepted.
