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Enfuce achieves milestone in mobility segment, launching Visa’s Fleet 2.0 solution

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Enfuce is expanding its partnership with Visa with the launch of Visa’s cutting-edge mobility card solution, the ‘Visa Fleet 2.0.’

The collaboration aims to revolutionise fleet management by offering enhanced efficiency, cost reduction, and a shift towards sustainable transportation, addressing the evolving needs of electric vehicles and providing comprehensive financial reporting, spend controls, and enhanced security through detailed transaction data and robust authentication methods.

Helsinki, December 6 2023: Issuer processing powerhouse Enfuce (, today announces it is expanding its partnership with Visa with the launch of Visa’s cutting-edge mobility card solution, the ‘Visa Fleet 2.0.’

Through the certification, Enfuce is now uniquely positioned to deliver the Visa Fleet 2.0 solution to their joint, prospective customers. The continued collaboration between Enfuce and Visa is set to revolutionise fleet management across Europe, offering enhanced efficiency through rich data and insights, cost reduction, and a crucial pivot toward sustainable transportation and mobility budgets.

Unlike traditional closed-loop cards used by most fleet operators worldwide, the Visa Fleet 2.0 solution is not restricted to specific fuel retailers or specific types of product like petrol or diesel, and can be used at any location accepting Visa cards. This not only enhances operational efficiency by enabling drivers to choose the most efficient routes and access optimal fuel prices but also provides unmatched convenience with an all-in-one, fully integrated card, accessible via both physical and digital wallets, thus eliminating the need to carry multiple fuel cards.

This groundbreaking fleet and mobility card can be used for all types of expenses chosen by the issuer, beyond fuel-related payments, thus accommodating for the evolving landscape of electric vehicles (EVs). Indeed, Visa reports that 70% of fleet managers plan to transition to electric, hybrid, or hydrogen cell vehicles within the next five years.1

Conventional fuel cards designed for fossil fuel fleets lack the flexibility to accommodate EV charging without substantial investment on the issuer’s part. Visa Fleet 2.0 addresses these evolving needs by incorporating a plethora of different use cases such as EV charging, tolls, mass transit, and micro-mobility.

Thanks to its advanced, modular and customisable tech stack, the fleet and mobility card solution will introduce a range of other benefits, which include:

  • Detailed transaction data: Comprehensive financial reporting and operational efficiency by consolidating detailed transaction data, including purchased items, unit prices, and associated VAT on a single card. Real-time data, including driver identification, vehicle identification, and vehicle mileage, can also help with fraud prevention.
  • Purchase restrictions & spend controls: Visa Fleet 2.0 enables cards to be restricted for specific types of purchases, providing companies with greater control over card usage, mitigating the risk of inappropriate spending.
  • Enhanced security: Enfuce also ensures the security of every issued card through the deployment of secure EMV technology and robust authentication methods like 3DS.

Denise Johansson, Co-Founder & Co-CEO of Enfuce, comments: “We are proud to lead the European market by being the first to offer the Visa Fleet 2.0 solution to our prospective customers. The card will help card issuers right across Europe thrive in the current market, while also equipping them for the fossil-free future. Considering the majority of fleet operators are looking to transition to petrol-free vehicles, it’s crucial for fuel card issuers to adapt to these changing market dynamics. By offering enhanced flexibility, security, and convenience, our new card aims to meet these evolving needs of fleet operators.

Monika Liikamaa, Co-Founder & Co-CEO of Enfuce, comments: “This certification means we can support our valued customers in revolutionising the outdated fuel card, streamlining fleet management, and bolstering security measures through comprehensive data tracking to combat fraudulent activities. This collaboration marks a significant milestone in the financial landscape, showcasing a joint effort to introduce forward-thinking solutions that cater to the changing demands of the modern mobility ecosystem.

Richard Campion, Head of Fleet and Mobility, Visa, added: “Expanding access to financial tools and services is core to Visa’s purpose as we seek to uplift everyone everywhere. We’re excited to continue our work with Enfuce, helping them deliver our mobility card solution to their customers across Europe as they work to revolutionise the fleet management space.

Enfuce leads a transformative shift in how companies manage payment cards and integrated financial services, having established itself as the go-to strategic partner for revolutionising payments flows and transformative business growth. Enfuce empowers its clients to ideate and implement innovative strategies with certified experts, not only delivering essential payment infrastructure but also driving customer loyalty, engagement, and revenue for its partners. This collaboration with Visa is in line with Enfuce’s track record of pioneering initiatives. Demonstrating an unwavering commitment to innovation, Enfuce notably pioneered payment processing in the public cloud, spearheaded the adoption of Apple Pay in Finland, and has now introduced the Visa Fleet 2.0 solution.

For more information:

Nicole Heringer
VP Brand and Communications

About Enfuce

Founded in 2016, Enfuce is a female-founded and led company with a unique vision: to bring the brightest minds and the best technology together to break down the barriers to prosperity.

As a leading global card issuer and payment processor that merges innovation, security, and expertise to create modular, cloud-based payment processing capabilities, Enfuce is one of Finland’s most valuable scaleups, and is the first financial service provider in the world to be PCI-DSS certified while running its service in the public cloud. By focusing on collaboration, Enfuce is able to efficiently provide customers with cutting edge features – offering in-house experts and white labelled technology to help companies create scalable payment solutions with ease.

Supporting debit, credit, prepaid, gift, fleet and fuel card programmes in any form – for consumer, commercial and B2B applications – Enfuce’s no-nonsense approach helps customers create bespoke payment solutions that are flexible, scalable and secure.

Holding an Electronic Money Institution (EMI) licence from the Finnish FSA, enabling operations across Europe, Enfuce’s PCI-DSS certified platform guarantees 99.999% uptime, global scalability, and card scheme connectivity, supporting various card programs and integration with digital wallets. Enfuce has raised €68.5 million in funding rounds, showcasing its industry leadership with recognitions like Visa Fintech Fast Track and Mastercard Lighthouse Development Program participation, as well as winning prestigious awards, such as the 2019 PayTech Award for Best Payments Solution and the 2022 FF Award for Mobile Payments. Propelled by the forward-looking vision of its Co-CEOs and Nordic ingenuity, Enfuce is set to expand globally, shaping the future of payment solutions.

  1. Biznography Research for Visa, Fleet Managers and Drivers in UK, DE, FR and NL, July 2024 ↩︎