RELEASE: XXImo: one of the first Visa card issuers in the EU to process payments through AWS Cloud

(Information sent by the signatory company).

RELEASE: XXImo: one of the first Visa card issuers in the EU to process payments through AWS Cloud

(Information sent by the signatory company)

UTRECHT, Netherlands, Nov. 29, 2023 /PRNewswire/ -- XXImo, the corporate mobility payments platform, today announced that it is betting on Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, and will become one of the first EU Visa card issuers to process payments entirely through AWS Cloud, in the first quarter of 2024. Payment processing through AWS Payment Cryptography and Visa Cloud Connect will allow XXImo optimize operational expenses and scale your business to help make flexible mobility payments accessible to employers and corporate resellers across Europe.

Processing your payments entirely through AWS will help XXImo scale and optimize its platform requirements and give it the infrastructure to rapidly expand its business across Europe. As an authorized electronic money and payment institution (EMI), XXImo offers mobility payment cards with compatible payment processing directly to corporations and as white label solutions to resellers in the fuel, parking, charging, fleet management and leasing sectors . XXlmo projects that demand for these supported services will drive significant growth over the next two years.

XXImo supports modern mobility policies and provides its clients with a detailed analysis of their employees' mobility footprint, allowing them to meet the requirements for reporting on the carbon emissions of their businesses. With XXImo cards accepted across the mobility network, including air travel, hotels, all forms of public transport, car rental, bike and scooter sharing and fuel, customers can offer their employees more options on how they travel while measuring and managing their environmental impact.

XXImo is responding to growing demand driven by sustainability reporting and regulations by betting on AWS, closing its data centers and migrating all operations to AWS. This will help ensure the continuity, security and scalability of your payment processing platform. Implementing a cloud-native strategy with AWS will also allow XXImo to expand the scope of its research and development with Amazon Bedrock and Amazon SageMaker, exploring how generative artificial intelligence (generative AI) can improve the mobility management experience for customers and your employees, while using machine learning to add new layers of analysis to your reports.

“Leading to AWS and processing payments in the cloud will transform our business, providing a powerful new foundation for growth and innovation,” said XXImo CTO Zaheer Sacranie. "This is an investment in XXImo's future that we believe is already generating strong returns."

"XXimo's commitment to innovation and enabling sustainability for its customers aligns perfectly with AWS's own values," said Tanuja Randery, general manager, AWS Europe, Middle East and Africa. "This opens up exciting potential synergies between the two companies in the future, and we are excited to see where XXImo's innovative use of the cloud will take us."

About XXImoXXImo, the all-in-one mobility management platform for corporations and resellers, was founded in 2011 and is part of the AutoBinck Group, a Dutch family business that has become a key player in the European mobility market. XXImo has offices in the Netherlands, Belgium, Germany, the United Kingdom, Ireland and France. Learn more at xximo.com

About AmazonAmazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Since 2006, Amazon Web Services has been the most comprehensive and widely adopted cloud in the world. For more information, visit amazon.com/about and follow @AmazonNews.

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