Partnership Helps Transform Payment Solutions in Turkey
XPP, a leading provider of integrated payment solutions in seamless payments for public transportation, and Oxivo Group, a multinational Dutch/Turkish conglomerate specialised in unattended electronic payments in retail for vending machines, parking, EV charging, and in end-to-end integrations in the world of IoT-based machines – have entered into what is being called a groundbreaking partnership agreement.
Together, they will introduce a new, revolutionary seamless payment service to the Turkish market that will fundamentally change the way payments in public transport are handled and experienced. This payment platform is an innovation that is relevant for many European public transport providers.
The first project that XPP and Oxivo are taking on in their new collaboration is to combine XPP’s payment services, based on the Vayapay and Ginger platforms, with Oxivo’s deep market expertise and established presence in Turkey.
“This partnership is a major step forward in our development,” said Tom van der Poel, CEO of XPP. Together, we are strongly positioned to take transactions in Turkey’s public transport to the next level and will develop an infrastructure that several public transport companies in Europe will be able to benefit from.”
“With this collaboration, we combine the best of the Dutch and Turkish fintech ecosystems to provide transport companies with a unique infrastructure for payment systems,” said Sezer Arslan, Founding Partner and CEO of Oxivo Group. “This technology can be used anywhere in Asia and in Europe.”
The partnership is based on both companies’ shared vision to renew the built-in payment process. Oxivo Group has extensive experience in unattended card payments, while XPP contributes to the partnership with its Smart Payment Platform for omni-channels. Together, they can offer an innovative solution for public transport that breaks with the existing payment methods in the sector. This partnership contributes to Oxivo’s strategy to expand its dominant position from unattended payments in retail to tap-to-pay in public transport.
