A UK developer and supplier of cashless card and license plate based payment solutions which eliminates cash payments, reduces fraud and simplifies payment administration.The company seeks services agreements with truck park and truck wash operators.
This UK company can offer truck park and truck wash operators the option to set up a card less payment system for non-fuel transactions. The company has successfully established the business model with operators in the UK and is now keen to grow their network or truck parks and truck washes in Europe as they are also growing their fleet operator base in Europe. In addition to offering their own license plate based payment system the company is also able to offer operators the facilities to receive payments for non-fuel items using a number of fuel cards including: • DKV • Key Fuels • UTA • Morgan Fuels. All software and systems necessary to set up the payment system plus training and support is provided free of charge to the customers. Operators are able to take payment from drivers using automatic number plate recognition as they enter the facility and they receive a monthly payment from the company for all transactions. There is no need to take cash and less likelihood of fraud or error. Operators will benefit from increased sales as a result of being part of a network of truck stops and truck washes that truck drivers registered to use the system will naturally prioritise to visit over competitors. The company seeks truck park and truck wash operators across Europe who would benefit from taking card payments for non-fuel transaction, are actively looking for ways to increase revenues and are seeking more secure and streamlined payment systems that will save them time for a services agreement.
Innovations and advantages
The company has developed a cashless card payment system which offers truck parks and truck washes the following benefits over other systems: • A large and growing user base of approximately 40,000 truck drivers across the UK and Europe who will prioritise parking and washing at participating operators. 3,000,000 use fuel cards so will improve visit frequency and revenue. • Operators automatically become part of the EuroTruckPark network with millions of account holders from DKV, Key Fuels, UTA and Morgan Fuels and others. • There is a simple payment system directly to their bank accounts • All software and systems to take payments are provided by the company free of charge and include support and training. • The card payment system allows truck parking and washing operators to accept a variety of cards as well as the companies own specific payment card thus making the operator more attractive to truckers as they do not require cash. • The system links to ANPR (automatic number plate recognition) cameras to identify truckers and automatically take payments • Drivers have access to a mobile application which provides real time information on all truck parks and washes participating in the scheme, including parking availability and cost making it easier for them to find a participating provider.
Current stage of development
The company already has 40,000 truck drivers registered on the system with 30-40% of new fleets signing up from Europe. They are keen to now branch out and offer truck parking and washing at European locations
02008005 Road Transport
02009004 Road Vehicles
Market application codes
Intellectual property rights
Albania, Armenia, Austria, Belarus, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Macedonia, The former Yugoslav Republic of, Malta, Moldova, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, Russian Federation, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, Ukraine, United Kingdom
Type of partner sought
The company seeks truck park and truck wash operators across Europe who want to be part of a bigger network and improve their visibility for a services agreement. The company is able to offer all the necessary software and systems to set up the cashless payment system as well as training and support.