Driving Accuracy, Compliance, and Value
As EV charging continues to grow rapidly worldwide, many of you might be expanding across multiple markets, each with its own VAT rules, currencies, and regulatory frameworks. Scaling your operations under these conditions requires a pricing system that is consistent, compliant, and flexible.
The latest update to the pricing system is specifically designed to help you confidently manage cross-border charging services, ensuring full pricing integrity across every market you operate in.
Why This Matters for You
- Set CPO payout tariffs in Net values: let the system handle VAT automatically.
- Automated processes: VAT updates in your country are automatically reflected in the EV driver tariffs.
- Scale confidently: with a compliant, flexible, and future-ready pricing foundation.
In this guide, we will cover:
- What is the pricing system upgrade
- Pricing system upgrade on Virta Hub
Let’s start:
1. What is the pricing system upgrade
The updated pricing system provides you with greater control, accuracy, and transparency in your pricing setup. There are no changes to your current pricing configuration, just new, powerful capabilities to help your charging business grow.
You’ll set your CPO payout tariffs in Net (excluding VAT), and the system will automatically apply the corresponding VAT rate for your tariffs. This change ensures accurate, compliant, and transparent pricing throughout the entire process, from your internal setup to what is displayed to the driver.
2. Pricing System Upgrade on Virta Hub
We have added a few updates on Virta Hub that streamlines your operations even more than before.
2.1. CPO Payouts Displayed in Net
Your CPO payout values are now displayed, excluding VAT, under the Pricing section of Tariffs & Loyalty plans in Virta Hub.
2.2. More Precision When Setting Pricing
You can now enter CPO payout tariffs with up to five decimal places, allowing for more precise pricing. Please hover over the “info icon” in the tariff editor to see the price breakdown in detail.
2.3. Consistent Driver Pricing
EV driver tariffs will display two decimals, ensuring consistency between your backend setup and what drivers see in apps.
VAT updates in your country are reflected in EV driver tariffs automatically
In case the VAT rate changes in your country, your tariffs are automatically adjusted to include the updated VAT rate. Thus, the EV Driver tariffs are updated automatically. No manual updates are needed.
2.4. AFIR-Compliant Tariff Display
Tariffs are shown in Virta Hub following the latest AFIR requirements regarding the order of price components:
- Energy
- Time
- Session fee
- Other fees
This ensures pricing appears consistently and transparently, not only for drivers but also in Virta Hub.
2.5. Time-Based Fees in Minutes for DC Charging
Time-based DC charging tariffs are now displayed per minute, rather than per hour, aligning with the latest industry standards and ensuring consistency with payment terminals and apps.
That’s it! You now know how the upgraded pricing system enables efficient pricing management while ensuring compliance.
As a summary, providing:
- Precision: Define CPO payout tariffs for up to five decimals.
- Automation: Automated driver tariff updates, whether the country VAT is changed.
- Compliance: Aligned with AFIR requirements.
We are committed to making your experience with Virta as pleasant as possible.
If you have any questions or need support with tariff management, your Customer Success Manager or contact our Support Team is always happy to help.