[stock-market-ticker symbols="FB;BABA;AMZN;AXP;AAPL;DBD;EEFT;GTO.AS;ING.PA;MA;MGI;NPSNY;NCR;PYPL;005930.KS;SQ;HO.PA;V;WDI.DE;WU;WP" width="100%" palette="financial-light"]

MAN SimplePay: When truck becomes a digital wallet

30 septembrie 2022

MAN Truck & Bus is a “smart innovator” and is the first OEM to develop a digital platform for all payment processes relating to commercial vehicles: MAN SimplePay. „The truck thus becomes a digital wallet – for all transactions that occur in everyday trucking.” according to the press release.

The benefits: complete transparency and simplification of all payment transactions. True to the strategic guiding principle of “Simplifying Customer Business”, MAN Truck & Bus is thus making it even easier for its customers to do business.

MAN SimplePay is the first step towards a complete payment ecosystem for different services. Together with partner BP, MAN is initially launching a solution for automated contactless and secure payment processes when refuelling – without cash or physical (credit) cards. The driver stays with the truck, thus eliminating visits to the filling station shop and saving time as a result. This also reduces possible contact with other people in times of the coronavirus pandemic.

Fleet managers also benefit because they have a real-time overview on a dashboard and can control all costs and processes for each individual vehicle in a single system. Another positive effect: their administrative workload is reduced. MAN is therefore tackling a serious problem that often takes fleet managers many hours and prevents them from performing their actual task, namely ensuring effective use of their trucks.

From a technical point of view, the payment process takes place directly from the truck via the RIO Box in the vehicle. Digital processing of the payment process is carried out by another partner, the payment processor Stripe. The cloud infrastructure is provided by Amazon Web Services (AWS). It will be possible to book MAN SimplePay via the MAN Marketplace, and the service will then be installed over-the-air on the selected trucks.

It is planned that the market launch of MAN SimplePay together with BP will take place as quickly as possible. And that’s not all: in the next steps, the partner network and services for simple and secure payment will be expanded further. For example, for services on the road – such as a payment guarantee to the workshop via RIO Box in the event of a breakdown.

After the IAA Transportation 2022, MAN SimplePay will be available to pilot customers in the English market. This will be followed by its introduction on the German market. MAN SimplePay will later be implemented internationally beyond German national borders. Integration of mixed fleets via the TRATON Group and expansion of the solution for MAN buses and vans is also planned.

__________

The acronym MAN stands for Maschinenfabrik Augsburg-Nürnberg AG (Machine Factory Augsburg-Nuremberg AG). The company was created in 1898 through the fusion of the two operations Maschinenfabrik AG in Augsburg and Maschinenbau-Actiengesellschaft in Nuremberg and was the precursor of MAN.

The MAN group consists of the companies MAN Truck & Bus and MAN Latin America. MAN Truck & Bus is one of the leading manufacturers of utility vehicles in Europe, with production locations in 3 European cities, as well as Russia, South Africa and Turkey. MAN Latin America is the biggest truck and bus manufacturer in Brasil, with a company history of over 35 years. The enterprise produces trucks and busses in Resende/Brasil and Querétaro/Mexico.

The product portfolio of MAN Truck & Bus consists of vans, trucks, busses, diesel- and petrol engines, concentrating on passenger- and freight transport. Therefore, MAN Truck & Bus is a full-range provider of utility vehicles between 3 and 44 tons for every field of application, and of special vehicles up to 250 tons in general weight. In line with its portfolio of utility vehicles, the company is supplying an increasingly extensive service offer, thus transforming itself from an producer of vehicles to a provider of sustainable transport solutions.

In 2020, MAN Truck & Bus SE employed approximately 39.800 staff members worldwide.

Adauga comentariu

Noutăți
Cifra/Declaratia zilei

Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?