ZF invests in CarPay-Diem to develop further services for fleet customers

• ZF Aftermarket continues to transform to a mobility service provider offering Digital & New Mobility Services
• CarPay-Diem allows any mobile application or connected car to activate a fuel pump or EV charging pole
• ZF empowers fleet managers to operate mixed fleets of electric and non-electric vehicles efficiently, and ultimately supports a smooth transition to electric mobility

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The scalable mobile fueling and digital marketing platform CarPay-Diem, developed by Luxembourg-based company Kwalyo, has successfully processed over 3M mobile fueling transactions since its launch in 2019. The company's blend of B2B and B2C businesses supports not only fuel retailers and card issuers with their digitization efforts but also allows OEM and mobility app providers to deliver an exclusive experience to fleet operators and drivers.

CarPay-Diem is currently building the largest European network of fuel stations and EV chargers for mobile transactions. The investment from ZF will help to uniquely position CarPay-Diem’s technology in the roadmap towards the next generation in-vehicle fueling experience, by integrating with apps into the vehicle’s infotainment system. With the integration of CarPay-Diem’s services into ZF's telematics solutions, thousands of connected vehicles will be able to use digital fuel cards to activate fuel pumps and EV chargers instantly.

Fleets face a multitude of challenges in a world that is fast changing. They have to constantly adapt their fueling strategy to the market conditions and strive to get access to accurate accounting data to operate as efficient as possible.Integrating the mobile fueling and in-vehicle energy payment solution, brings not only convenience for the driver, but immediate fuel cost transparency and higher operational efficiency for the fleet manager. This also applies to the operation of mixed fleets (ICU & EV) and is therefore ultimately important support for a smooth transition to a purely electric fleet.

Frédéric Stiernon, Chief Executive Officer of Kwalyo states “The digitization of the fuel industry and EV charging is a key element to accelerate the energy transition and we are proud to share this view with our partner. ZF brings CarPay-Diem an access to thousands of connected vehicles across Europe, that will render important savings on fuel expenses - thanks to the winning combination of ZF telematics and the CarPay-Diem services.”

“With the investment, we can realize another strategic addition to our network of partnerships with the goal to enable customers to efficiently manage their fleets, optimize their costs and considerably reduce their carbon footprint” comments Phillippe Colpron, Head of ZF Aftermarket and Executive Vice President ZF Group.“For ZF, the investment in a digital energy payment system is an essential enhancement to the already active data sources we have, in order to develop further valuable services for our fleet customers – together with our partners.”

Press contact:

Philippe Meyer
CCO
Phone: +352 671 154 775
E-mail: philippe.meyer@carpay-diem.com

‍About Kwalyo

Kwalyo is the developer and the vendor of the CarPay-Diem mobile fueling and digital marketing platform, allowing any mobile app or connected vehicle to activate any fuel pump or charging pole independently of the brand; the equipment being operated or the method of payment. Today, CarPay-Diem is the only solution on the market that has successfully processed more than 3M mobile refills. On the “driver side”, CarPay-Diem integrates into existing mobile applications from fuel retailers or from any other mobile app or connected vehicle willing to provide an innovative and user-friendly access to energy and, on the “retailer side”, the platform acts as the single point of access (mobile payment hub) to the sites from multiple retailer brands. TheCarPay-Diem marketing platform allows the energy providers to communicate with the drivers using app spartnering with CarPay-Diem and ultimately generate more sales on their sites.

For its B2B customers, such as fuel card issuers, carmakers or telematic solutions providers, CarPay-Diem digitizes fuel cards and allows their use from any connected devices, which enables significant savings for the fleets using their solutions.

About ZF

ZF is a global technology company supplying systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility. ZF allows vehicles to see, think and act. In the fourtechnology domains of Vehicle Motion Control, Integrated Safety, Automated Driving, and Electric Mobility, ZFoffers comprehensive product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. ZF electrifies a wide range of vehicle types. With its products, thecompany contributes to reducing emissions, protecting the climate and enhancing safe mobility.  With some165,000 employees worldwide, ZF reported sales of €43.8 billion in fiscal 2022. The company operates 168production locations in 32 countries. ZF Friedrichshafen AG's leading aftermarket and fleet solutions portfolio is built on its strong brands; LEMFÖRDER, SACHS, TRW and WABCO. A broad product and service offering, advanced connectivity solutions for digital mobility management and a global service network, support and enhance the performance and efficiency of all vehicle types throughout their life cycle. The company's aftermarket organization is both an architect and pacesetter for the Next Generation Aftermarket and the preferred partner for fleet and aftermarket customers worldwide.