What happened: Shuttel, a Dutch provider of mobility-focused expense management and employee benefit solutions backed by Volkswagen Financial Services, has launched a mobility card built for sustainable business travel across the Netherlands (The Paypers). Shuttel partnered with Finnish infrastructure provider Enfuce, which provides the technical platform, regulatory coverage and access to Visa Fleet BINs.
My comment: Shuttle’s mobility card product can be described as a regular expense management card that is tailored for mobility purchases. But a card is a card? Yes, but the differentiation factor likely comes from Visa’s new Fleet BINs, which provide several advantages, such as advanced spend controls and additional purchasing details (e.g., the type of fuel and the quantity for a gas station payment). These features enable Shuttel to tailor the card product for mobility expense management.
