Carvolution pursues a clear mission: driving should be simple, transparent, and low-threshold. The principle is simple. Customers select their desired vehicle, choose a term and a mileage package. Everything is included in a fixed monthly price, including insurance, taxes, cantonal registration, tyres and service. The customers only need to worry about refuelling or charging.

As Bernhard Drüner, co-founder of Carvolution, explains:

“We want the path to owning a car to be stress-free, without financial risks and without administrative hassle.”

More flexibility instead of complicated contracts

With this model, Carvolution has created a cost-transparent alternative to traditional car purchase or leasing. Compared to traditional leasing, you determine the term yourself here. Customers decide whether they want the vehicle for just a few months or over several years. At the end of the subscription, there is also the possibility to buy the vehicle or return it. This keeps the costs predictable and eliminates long-term commitment to a vehicle. 

With this innovative model, Carvolution can reflect on an impressive development. The company was able to establish a scalable financing structure worth over 200 million Swiss Francs, which is unique in this form in Switzerland. 

According to Bernhard Drüner, an important success factor is the consistent focus on customer feedback. Many developments are directly based on the wishes of the users – for example, customers in most cantons can now keep their own number plate.

Simply drive, simply pay

In a purely digital business model like Carvolution, smooth and fast payment processing is crucial. The contract is often concluded at Carvolution conveniently from home, "on the sofa." When customers later pick up their car in Bannwil or Zurich, or come for a consultation, the experience is the focus. The financial aspects have already been settled digitally at that point.

However, digital subscription models also bring challenges. Credit cards expire, accounts are temporarily not covered, or customers adjust their mileage package during a current month. This is exactly where the solutions from Payrexx come into play.

Particularly valuable for the administration of Carvolution are the Payrexx payment links. If a payment is missed, a formal reminder does not have to be sent immediately. Instead, Carvolution simply sends a new payment link via email or SMS. This approach is received much more positively by customers.

A look into the future

To further advance automation, Carvolution, together with Payrexx, plans the integration of eBill. This will enable invoices to be sent directly to the customers' online banking for payment. The goal remains to make the entire payment process even simpler and more efficient.

The collaboration also works very well on a partnership level. Bernhard Drüner summarises:

"The Swiss start-up scene is manageable and Payrexx and we found each other back then as two young, ambitious companies. It was a 'Perfect Match'. We share similar values, both work agilely and customer-oriented. It feels good to grow with a partner who has the same digital DNA as us."

Discover Carvolution and its innovative vehicle subscriptions here: www.carvolution.com

Collect your payments via the Paylink tool from Payrexx. Sign up and test the solution free for 30 days!