[press release] Utrecht, 27 September 2023 - XXImo, the prominent European payment and mobility platform, has achieved a significant milestone by becoming a Visa Principal Member. From this position, XXImo is poised to embark on rapid expansion into various European countries, including France, in the coming years.
The Principal Membership with Visa will assist XXImo to better serve its customer base across Europe and XXImo continues to develop innovative payment products tailored specifically to the mobility needs of the business market and provide customers with an advanced mobility platform.
XXImo is in a great position to meet the growing demand for an extremely scalable open-loop payment platform for all mobility-related expenses. Payment for mobility services, such as public transport, shared mobility, taxis, and electric vehicle charging or refuelling, stands on the cusp of a transition towards open-loop payment systems. Unlike their closed-loop counterparts, open-loop payment systems do not require an additional card and card holders can effortlessly travel using their contactless card or smartphone, such as Apple Pay or Google Pay.
"We are incredibly proud of achieving our Principal Membership status with Visa. This underscores our determination to elevate our mobility platform to new heights. We remain committed to enhancing the mobility experience for our customers while expanding our reach to new European markets."
"XXImo holds a strong proposition at the intersection of corporate mobility and payments. There is considerable market potential in Europe, and now, as a Visa Principal Member, XXImo can tap into this potential and accelerate growth in new countries. A remarkable milestone in our collaboration, which only grows stronger."
Since 2011, XXImo has been active in the Benelux and Germany with its corporate mobility platform. Utilising the Visa network for its mobility card, the company streamlines the booking, payment, management, and administration of corporate mobility and expenses for the corporate market. In 2022, XXImo expanded to the United Kingdom. Expansion plans for 2023 include France and Central Europe.
For all further inquiries please contact TEAM LEWIS, Iskander de Lange, XXImoBenelux@teamlewis.com, +31 40 235 46 00