Visa, digital payments provider, has announced a strategic partnership with the fleet management solutions specialist Ignixxion International Limited, which aims to enhance the management and increase the efficiency of commercial fleet operations across the Central and Eastern Europe, Middle East and Africa region.
The new agreement formalises the partnership between the two companies to integrate Visa’s payment technology into Ignixxion’s comprehensive fleet management solutions and will be rolled out in 14 countries in the region including Egypt, UAE and Oman.
With commercial fleet operators under pressure to manage costs and to adapt to changing market conditions, this partnership aims to deliver innovative SaaS (Software As A Service) offerings in addition to security and digital solutions that enable companies of all sizes to better manage their fleet vehicles and assets.
The partnership will leverage Ignixxion’s decades of industry experience in fleet and fuel payment management and Visa’s leadership in payment technology. Fleet managers will be able to access a SaaS platform that enables real time reporting based on transaction data and also enable improved daily management of fleets at cost per km level. Customers will also be able to gain insights from vehicle, drive and location data linked to payments, to analyse spending trends and exceptions.
“Fleet managers are increasingly turning to digital innovation to help them solve the challenges of complex logistics, and the combination of frictionless and contactless payments, mobility solutions, artificial intelligence and intuitive fleet management from Visa and Ignixxion will help them to achieve the level of insight and analysis they need to efficiently manage fleet and fuel into the future,” said Rakesh Khanna, Vice-President and Head of Visa Business Solutions CEMEA.
“This partnership between Visa and Ignixxion has several strategic advantages to both our organizations, and has the potential to reach many more customers across the global fleet and fuel marketplace,” Daren Pillay, Executive Director of Ignixxion added.
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