XPP and Oxivo Group begin collaboration to transform public transport payment solutions

XPP, the leading provider of integrated payment solutions in seamless payments for public transport and Oxivo Group, a multinational Dutch/Turkish conglomerate that is an expert in unmanned electronic payments in retail for vending machines, parking, EV charging, and in end-to-end integrations in IoT-based machines – has entered a groundbreaking partnership agreement.

Revolutionary payment service for the Turkish market

Together, they will introduce a new, revolutionary seamless payment service to the Turkish market that will fundamentally change the way public transport payments are handled and experienced. This payment platform is an innovation that is relevant to many European public transport providers.

The first project that XPP and Oxivo is undertaking in their new collaboration is to combine XPP's payment services, based on 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,” says Tom van der Poel, CEO of XPP. “Together we are strongly positioned to take on 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 fintechecosystem to provide transport companies with a unique payment system infrastructure,” says Sezer Arslan, Founding Partner and CEO at Oxivo Group. “This technology can be used everywhere in Asia and in Europe.”

The partnership is based on both companies' shared vision to innovate the built-in payment process. Oxivo Group has extensive experience with unmanned card payments, while XPP contributes to the partnership with its omnichannel Smart Payment Platform. 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 retail payments to tap-to-pay in public transport.