Carvolution pursues a clear mission: driving should be simple, transparent, and accessible. The principle is simple. Customers choose their desired vehicle, decide on a duration, and select a mileage package. Everything is included in a fixed monthly price. This includes insurance, taxes, cantonal registration, tires, and service. The customers really only need to worry about refueling 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 administrative burden.”

More flexibility instead of complicated contracts

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

With this innovative model, Carvolution looks back on impressive growth. The company has been able to build a scalable financing structure valued at over 200 million Swiss francs, which is unique in Switzerland in this form. 

According to Bernhard Drüner, a key success factor is the consistent focus on customer feedback. Many further developments are directly based on the wishes of the users – for example, that customers in most cantons can now take over their own license plate.

Simple driving, simple payment

In a purely digital business model like Carvolution, smooth and fast payment processing is crucial. The contract signing often takes place conveniently from home, "on the couch," at Carvolution. When customers later pick up their car in Bannwil or Zurich or come by for advice, the experience is the focus. The financial aspects have been digitally settled by this time.

However, digital subscription models also bring challenges. Credit cards expire, accounts are temporarily not covered, or customers adjust their mileage package during a running month. This is precisely where the solutions of 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 significantly more positively received by customers.

A glimpse into the future

To further drive automation, Carvolution plans to integrate eBill together with Payrexx. As a result, invoices will soon be sent directly to the customers’ online banking and paid there. 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 summarizes:

"The Swiss startup 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 we do."

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

Also collect your payments via the Paylink tool by Payrexx. Sign up and test the solution for 30 days free!