Cairo, Egypt – Visa, the world leader in digital payments, 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 formalizes 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 analyze 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.
© Press Release 2021
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
