In the first quarter of 2024, XXImo, a corporate mobility payments platform, will be among the first EU Visa card issuers to process payments exclusively via the AWS Cloud as part of its all-out commitment to the cloud computing platform. XXImo says it will be able to reduce operating costs and grow its company by processing payments with Visa Cloud Connect and AWS Payment Cryptography. This would help make flexible mobility payments available to resellers and corporate employers across Europe.
XXImo would be able to grow and optimize its platform requirements and get the infrastructure it needs to quickly develop its company across Europe if all of its payments are processed via AWS. XXImo provides mobility payment cards with compliant payment processing to businesses directly as a licensed Payment and Electronic Money Institution (EMI).
Additionally, the company sells white-label solutions to resellers in the gasoline, parking, charging, fleet management, and leasing sectors. Over the next two years, XXlmo predicts that there will be a large increase due to the demand for these compliance services.
To help its clients comply with the regulations pertaining to the reporting of carbon emissions from their companies, XXImo offers comprehensive analysis of the mobility footprint of its workers in addition to supporting contemporary mobility strategies. Customers can provide their workers more alternatives for how they travel while tracking and controlling their environmental effect since XXImo cards are accepted throughout the full mobility network, including gasoline, hotels, all public transportation, auto rentals, bike and scooter sharing, and air travel.
XXImo is fully embracing AWS, shutting down its data center facilities, and moving all of its operations to AWS in response to the increasing demand brought on by sustainability reporting and laws. This would support the payment processing platform’s scalability, security, and continuity.
Amazon Bedrock and Amazon SageMaker
By utilizing AWS and a cloud-native approach, XXImo would also be able to broaden the scope of its research and development with Amazon Bedrock and Amazon SageMaker, investigating how generative artificial intelligence (generative AI) can enhance the mobility management experience for clients and their staff while leveraging machine learning to incorporate additional layers of analysis into its reporting.
Chief Technology Officer of XXImo Zaheer Sacranie said, “Going all in on AWS and processing payments in the cloud will transform our business, providing a powerful new foundation for growth and innovation. We think that this investment in XXImo’s future is already yielding significant returns.”
Tanuja Randery, General Director of AWS Europe, Middle East, and Africa, said that “XXImo’s commitment to innovation and enabling sustainability for its customers aligns perfectly with AWS‘s own values. This presents exciting new opportunities for future synergies between the two companies, and we’re excited to see where XXImo’s creative use of the cloud will take it.”
XXImo was established in 2011 and is a member of the AutoBinck Group, a family-run Dutch company with a variety of businesses focused on the mobility of the future and the day after. The AutoBinck Group has developed to become a major participant in the European mobility industry. The firm employs more than 1,600 people worldwide, has a turnover of more than one billion euros, and is present in eight European countries.