Eurowag

What Eurowag does

Eurowag, operating through WAG Payment Solutions PLC (listed on the London Stock Exchange), is an integrated payments and mobility platform serving commercial road transport operators across 25 European countries. The company's core offering consolidates fuel card payments (Go and Go+ cards with pre-approved credit up to EUR 5,000 and access to ~17,000 stations), European Electronic Toll Service (EETS) coverage across 25 countries and 7 tunnels, VAT and excise duty refund services, fleet management and telematics, and working-time/tachograph compliance into a single platform anchored by the Eurowag Office digital environment and the proprietary EVA on-board unit. Following the 2023 EUR 306 million acquisition of Inelo Group, the portfolio expanded to include tachograph devices (TachoReader Combo/Basic), compliance software (TachoScan, TachoScan Control), and additional telematics brands (WebEye, CVS Mobile, GBox, FireTMS, Sygic), bringing the connected truck base to approximately 321,500 units.

The company monetizes primarily through transaction-based fees on fuel card spend, toll processing, and tax refund recovery, supplemented by subscription revenue from telematics and compliance subscriptions. Distribution combines direct enterprise sales, a self-serve client portal, mobile applications on iOS and Android, and a regional acceptance network of ~17,000 fuel stations plus ~2,200 alternative fuel stations and 1 million+ EV charging points. Eurowag Issuing Services is regulated by the Czech National Bank, and the company maintains ISO 27001/27017/27018 certifications, reflecting the regulatory and compliance complexity of cross-border payment and toll operations.

The customer base is concentrated in the commercial road transport vertical — truck and commercial vehicle fleet operators requiring cross-border mobility services — across both enterprise and mid-market tiers. Strategic positioning emphasizes integration over point solutions, using the EVA hardware, TachoScan compliance tools, and Eurowag Office software as workflow anchors that create switching costs. Recent strategic emphasis has been on consolidating the fragmented acquired portfolio into a unified SaaS-style platform while expanding AI-assisted capabilities in back-office finance through partnerships with Coupa, Rossum, and Accenture.

Name

Eurowag

Legal name

W.A.G. payment solutions, a.s.

Website

https://eurowag.com

Company type

Public

Founded year

1995

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Eurowag is an integrated payments and mobility platform for European commercial road transport operators, offering fuel cards, toll payments, tax refund recovery, telematics, and tachograph compliance across 25 countries to ~321,500 connected trucks.

Ownership category

akta.pro rank

Product category

Fleet Mobility and Payment Solutions

NAICS

Other Support Activities for Transportation (4889)

SIC

Transportation Services (4700)

akta.pro primary industry

Fuel Card & Fleet Payment Programs (TLABAMAA)

akta.pro secondary industries

Road User Charging (RUC) / Mileage-Based User Fee (MBUF) Systems (TLAJABAD), Managed Services & Operations Outsourcing for Tolling/RUC Programs (TLAJABAL)

Keywords

• Fleet payment solutions
• Commercial fuel cards
• Electronic toll services
• Fleet management software
• Truck telematics

Headquarters

HQ city

Praha

HQ country

Czechia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Fuel Card Services: Fuel card transactions with savings up to EUR 0.2 per litre of diesel. Revenue generated through transaction fees and fuel price differentials across the acceptance network.
2. Toll Services: Electronic toll collection across 25 European countries and 7 tunnels through EVA on-board unit. Revenue from toll transaction processing fees.
3. Tax Refund Services: VAT and excise duty recovery services saving customers up to 22% on costs abroad. Revenue from successful recovery commissions.
4. Fleet Management & Telematics: Vehicle tracking, driver management, tachograph compliance, and fleet optimization services through WebEye and Inelo platforms.
5. Alternative Fuels & eMobility: Access to ~2,200 alternative fuel stations and EV charging through 1 million+ public charging points across Europe.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Eurowag provides integrated mobility and payment solutions for commercial road transport operators across 25 European countries. Its core offering combines fuel cards (Eurowag Go & Go+), electronic toll collection via the EVA on-board unit, VAT/excise tax refund services, fleet telematics (WebEye, TachoScan, Inelo), and financial services on a unified digital platform called Eurowag Office.

Product overview

Eurowag is a leading provider of integrated mobility and payment solutions for European commercial road transport, offering a comprehensive portfolio of products and services organized as a platform-plus-modules architecture. The core platform includes fuel cards (Go & Go+), toll services (covering 25 countries), tax refund services, and fleet management solutions. The digital ecosystem is anchored by Eurowag Office (a unified digital platform launched in 2025) and supported by multiple specialized modules including mobile apps (Eurowag App, Eurowag Navigation, EW Telematics, EW Fleet Driver), telematics solutions (WebEye Telematics), working time management (TachoScan, TachoScan Control), and specialized driver apps (WebEye Truck Drive App, WebEye e-Toll App, Inelo Drive, FleetCore, FleetChat, FireTMS Driver, FireTMS Dispo). Following the 2023 acquisition of Inelo, the portfolio expanded to include tachograph devices and firmware (TachoReader Combo, TachoReader Basic), APD platforms (GBox), and transport management systems (FireTMS Cloud). The EVA smart on-board unit provides integrated toll payments, fleet tracking, and telematics. The company also offers ancillary services including fraud protection, alternative fuels, eMobility, financial services, and partner services.

Differentiator

Problem solved

Functional benefit

Brands

• Eurowag Office: All-in-one digital platform to streamline and optimise transport business operations
• Eurowag EVA
• Eurowag Go & Go+ Cards
• Eurowag Prime Network
• TachoScan
• WebEye Telematics
• Eurowag Navigation - Truck GPS
• Inelo Drive
• GBox
• FireTMS

Products and services

• Eurowag Go & Go+ Fuel Cards Fuel cards offering fuel savings up to EUR 0.2 per litre of diesel, pre-approved credit up to EUR 5,000, fraud protection, and access to approximately 17,000 fuel stations and ~2,200 alternative fuel stations across Europe. Go+ additionally provides access to 1 million+ public EV charging points.
• Eurowag Visa Card A Visa-branded payment card enabling flexible payments for fuel and other transport-related expenses for fleet operators.
• Eurowag Mobile App A mobile application for managers, dispatchers, and drivers providing fueling management, station comparison, truck-friendly route planning, and financial control from a smartphone.
• Eurowag Office An all-in-one digital platform to streamline and optimize transport business operations including fueling management, station comparison, truck-friendly route planning, and financial controls.
• Eurowag Toll Services Toll payment services covering 25 countries and 7 tunnels across Europe through European Electronic Toll Service (EETS) and national vignette systems.
• Eurowag EVA (Smart On-Board Unit) All-in-one smart on-board unit combining toll payments, fleet tracking, and telematics. Available with EUR 0 rental fee for 6 months for Netherlands electronic toll.
• Eurowag Tax Refund VAT refund and excise duty refund services that can save up to 22% on costs abroad, recovering VAT and excise duty for transport companies.
• Eurowag Fleet Management Fleet tracking and management solutions including Eurowag telematics, WebEye telematics, and CVS telematics to monitor vehicle movements, track driving patterns, and simplify administration.
• WebEye Telematics Telematics solution providing real-time vehicle tracking, route data, and fleet insights through a dedicated portal.
• TachoScan Working time management software for vehicle data analysis and tachograph compliance, monitoring driver time, rest periods, and regulatory compliance with EU regulations.
• TachoScan Control Software for authorities to perform accurate tachograph data analysis and manipulation detection for regulatory compliance.
• Eurowag Fraud Protection Advanced security for cards and payments monitored around the clock to protect fleets from fraudulent activity.
• Eurowag Alternative Fuels Alternative fuel options including LNG and other cleaner energy sources for sustainable commercial transport.
• Eurowag eMobility High-tech solutions for efficient, sustainable electric mobility in transportation including access to public charging infrastructure.
• Eurowag Financial Services Financial services including invoice currency exchange and insurance for transport companies.
• Eurowag Partner Services Partner services including Travis road services, posted drivers registration, and freight ferry booking.
• WebEye Truck Drive App Mobile application for drivers providing integrated navigation (Sygic Professional), route management, messaging, compliance tracking, fuel management, and document scanning.
• Eurowag Navigation - Truck GPS Free online navigation app with maps of 40+ European countries, designed for trucks, vans, and large vehicles with truck-specific route planning, live traffic, and POI information.
• FireTMS Cloud Cloud-based transport management system for managing orders from start to settlement and reporting.

Quantifiable outcome

• Save up to EUR 0.2 per litre of diesel
• +4 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability3 records

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• CoupacoreTechnology or Integration · 16 June 2026Eurowag partnered with Coupa for accounts payable automation solutions. The integration enabled Eurowag to achieve 70% automation rates and reduce invoice processing time from 9 days to 4 days, improving paid-on-time performance by 30%.
• RossumcoreTechnology or Integration · 16 June 2026Rossum's AI-first intelligent document processing technology integrated with Coupa's platform to automate Eurowag's accounts payable processes. Part of Coupa's source-to-pay ecosystem following Coupa's acquisition of Rossum.
• AccenturecoreImplementation/ SI/ Consulting Partner · 16 June 2026Accenture implemented automated AP solutions alongside Coupa and Rossum for Eurowag, helping achieve standardized accounts payable processes across the 2,000-employee company.
• Inelo GroupcoreStrategic or Co-development Partner · 15 March 2023Eurowag's subsidiary completed the EUR 306 million acquisition of Inelo, a fleet management solutions provider in Poland and Slovenia. The acquisition added ~87,000 connected trucks, nearly doubling Eurowag's data collection network. Inelo provides tachograph devices, telematics, and compliance solutions.
• SygiccoreStrategic or Co-development PartnerSygic a.s. (company registration number 35,892,030, Slovakia) is part of the Eurowag Group and provides integrated navigation and mobility solutions.
• WebEye Telematics GroupcoreStrategic or Co-development PartnerWebEye Telematics Group is part of the Eurowag Group, providing fleet telematics solutions, driver apps, and e-toll applications for commercial vehicles.
• Travis Road ServicesminorChannel Partner/ Reseller/ DistributorPartner service for road assistance and breakdown support integrated into Eurowag's partner services offering.
• Arraia-Oil, S.L.minorStrategic or Co-development PartnerSpanish subsidiary (company registration B01314012) part of the Eurowag Group operating in the Iberian Peninsula market.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Geotab: Global fleet telematics leader with strong European presence, offering vehicle tracking, driver behavior, and fleet management. Comparable to Eurowag's WebEye and telematics modules but focused on the telematics layer rather than integrated mobility payments.
• BP Fleet Solutions: Global oil major's European fleet card and mobility services business with comparable fuel card, toll, and EV charging offerings. Larger organization but not specialized in commercial transport as Eurowag is.
• Webfleet (Bridgestone): Bridgestone-owned fleet management platform (formerly TomTom Telematics) offering telematics, vehicle tracking, and fleet optimization across Europe. Comparable to Eurowag's telematics and fleet management offerings but as part of a broader tire/services ecosystem.
• Shell Fleet Solutions: Major oil company's fleet services division offering fuel cards, telematics, and EV charging for European commercial fleets. Larger portfolio and brand, but not specialized exclusively in commercial transport the way Eurowag is.
• TotalEnergies Marketing Services: Major integrated energy company's commercial fleet services arm offering fuel cards, EV charging, and mobility services across Europe. Broader energy portfolio than Eurowag but overlapping in fleet payment solutions.

Direct peers

• WEX Inc. Global fleet payment solutions provider with European operations offering fuel cards, toll payments, and fleet management. Directly comparable business model targeting commercial fleets across multiple geographies.
• Telepass: Italian toll and mobility service provider (Atlantia Group) expanding into integrated mobility services including fuel, parking, and EV charging across Europe. Comparable integrated mobility platform positioning to Eurowag, particularly in toll services.
• UTA Edenred: European fuel card and toll service provider (part of Edenred Group) operating across 40+ countries with comparable fuel card, toll, and fleet services for commercial transport. Strong overlap with Eurowag in cross-border European commercial fleet payments.
• Axxès: French toll service provider specializing in EETS-compliant electronic toll collection for European commercial vehicles. Directly comparable to Eurowag's toll services business across multiple European jurisdictions.
• DKV Mobility: European fuel card and toll service provider headquartered in Germany, serving commercial fleet operators across Europe with comparable fuel, toll, and VAT refund services. The most direct head-to-head competitor to Eurowag in the integrated European commercial mobility space.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/ewcards
• Facebookfacebook.com/Eurowag-300730813753922
• LinkedInlinkedin.com/company/eurowag

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries7 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eurowag