Stripe to Power MAN Truck & Bus Payments Tool

Global logistics group MAN Truck & Bus is partnering with financial infrastructure platform Stripe to pilot a new product that will orchestrate payments between MAN truck fleet owners and their service partners, powered by Stripe payments and Stripe Connect.

The product, MAN SimplePay, aims to streamline and facilitate payments for partner repair shops and services, creating a frictionless and unified brand experience, according to a press release Thursday (Sept. 22).

Part of Traton Group, MAN Truck & Bus has been in global logistics for more than 100 years and is one of the largest vehicle manufacturers in Germany. The release noted that fleet companies end up having to administer payments for a wide range of services, from repairs to tolls.

MAN’s vehicles are supported by a network of repair shops and adjacent services, and MAN fleet owners can now save payment methods to MAN SimplePay and assign them to a truck or group of trucks within their fleet to pay for services, per the release.

See also: Toyota Taps Stripe to Help Auto Repair Shops

“MAN SimplePay is a more efficient way for fleet owners to control and administer payments across their fleet,” said Johannes Huber, project manager of MAN SimplePay. “A fleet owner can operate multiple MAN vehicles which typically operate six or seven days a week.

“That’s a lot of payments to process and manage. MAN SimplePay digitalizes the whole process and adds payments to the list of jobs we want MAN vehicles to do for our customers.”

Read more: Large Fleets, Open Innovation and Payments Will Drive Future of Mobility

Mobile24, a 24/7 service offered to MAN customers, is one example where MAN SimplePay helps. Currently, when a truck breaks down or needs maintenance and calls Mobile24, the fleet manager has no fast visibility regarding payment flow, according to the release. 

With MAN SimplePay, the fleet owner is charged directly using the saved payment method for that specific truck. The funds are routed to the Mobile24 partner automatically and fleet managers and logistics partners can see payment activity in real-time. There are no paper-based systems or wait times for people to exchange information.