XPP

Name

XPP

Legal name

Ximedes Payment Products B.V.

Website

https://xpp.nl

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Payment Processing Software

NAICS

Software Publishers (5132), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Payment Gateways & Orchestration (BPAMAFAA)

akta.pro secondary industries

Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO)

Keywords

• Payment processing software
• Omnichannel payment platform
• Embedded payment solutions
• Public transit payments
• White-label payment gateway

Headquarters

HQ city

Haarlem

HQ country

Netherlands

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Payment Processing & Transaction Fees: XPP generates revenue through payment processing fees charged to transit operators, universities, and enterprises for transaction handling across omnichannel payment platforms including contactless EMV, in-app, vending, and online payments.
2. SaaS Platform Licensing: White-label payment gateway solutions (Ginger) provided to acquirers and payment service providers under subscription/SaaS model, enabling them to launch branded payment services with full data and brand ownership.
3. Unattended Services Payment Management: KUARIO and Pecunda products provide payment and management systems for vending, printing, and semi-public environments with clearing and settlement services included.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

XPP provides four specialised SaaS payment platforms — Vayapay (omnichannel payments for public transport), Ginger (white-label e-commerce payment gateway for acquirers and PSPs), KUARIO (digital payments for unattended services, vending, and campus environments), and Pecunda (traditional unattended/POS payments) — combined into a unified infrastructure that enables personalised, omnichannel, and embedded payment experiences across devices, terminals, and digital channels. The company sells these platforms primarily through custom enterprise contracts to transit operators, universities, financial institutions, and large enterprises across Europe.

Product overview

XPP (Ximedes Payment Products) is a Dutch payment infrastructure company offering a portfolio of four specialised payment solutions: Vayapay (omnichannel payment platform for urban mobility), Ginger (white-label e-commerce payment gateway for acquirers and PSPs), KUARIO (digital payment platform for unattended services and POS including vending, printing, and campus payments), and Pecunda (traditional payment solution for unattended services). Together these products enable organisations to deliver personalised, omnichannel, and embedded payment experiences across public transport, higher education, enterprise environments, financial institutions, libraries, and unattended services. The company operates across northern and central Europe, including the Nordics, Baltics, Germany, the Netherlands, Austria, Switzerland, and the UK.

Differentiator

Problem solved

Functional benefit

Brands

• KUARIO: Digital payment solution for unattended services and POS - all-in-one payment and management system for vending and semi-public environments
• Vayapay
• Ginger
• Pecunda

Products and services

• Vayapay Vayapay is an omnichannel payment service platform for urban mobility that enables public transport operators to recognise passengers as the same traveller across all sales channels, payment devices, and operators. It unifies contactless EMV ticketing, in-app/online payments, and vending machine payments into one centralised view with Payment Footprint technology for cross-channel passenger recognition.
• Ginger Ginger is a white-label e-commerce payment gateway that enables acquirers and payment service providers to launch and scale branded payment services. Built on single-tenant infrastructure with direct scheme access via Silverflow and global acquiring via Rapyd, it provides full data and brand ownership, modular architecture, intelligent routing, tokenisation, real-time data visibility, and an API-first design.
• KUARIO KUARIO is a digital payment solution for unattended services and POS, providing an all-in-one payment and management system for vending, printing, laundry, and campus environments. It blends open-loop and closed-loop payments, enabling users to pay via mobile app or web portal using iDEAL, PayPal, credit card, or bank transfer, with auto top-up and usage analytics.
• Pecunda Pecunda is a traditional payment solution for unattended services and POS, serving organisations that require established payment hardware and software integrations for vending, parking, and similar self-service environments.

Quantifiable outcome

• 97% customer satisfaction rate achieved by Flytoget using Vayapay
• +2 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability6 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered core, flagship and key.

• SEONcoreTechnology or Integration · 20 April 2026Ginger partnered with SEON, the AI Command Center for Fraud Prevention and AML Compliance, to embed real-time fraud screening into the payment flow before authorisation. The integration delivers configurable fraud rules, device fingerprinting, and adaptive risk models that improve with every transaction processed.
• FARAcoreStrategic or Co-development Partner · 15 September 2025XPP's Vayapay partnered with FARA, a leading Nordic provider of multimodal Account-Based-Ticketing and Real-Time Integration platforms, to deploy contactless payments across four Norwegian transit authorities (Innlandet, Telemark, Vestfold, Troms). The partnership combines Vayapay's Smart Payment Platform with FARA's automatic fare collection system for standardised open-payment ticketing solutions.
• RapydcoreTechnology or Integration · 10 July 2025XPP partnered with Rapyd, a leading global acquiring network, to provide Ginger clients with built-in Visa and Mastercard acquiring capabilities in 100+ countries, including Apple Pay, Google Pay, and recurring payments support.
• Oxivo GroupflagshipStrategic or Co-development Partner · 21 January 2025XPP and Oxivo Group, a multinational Dutch/Turkish conglomerate expert in unattended electronic payments, formed a strategic alliance to introduce seamless payment services to the Turkish public transport market. The partnership combines XPP's Vayapay and Ginger platforms with Oxivo's deep market expertise and established presence in Turkey.
• SilverflowcoreTechnology or IntegrationSilverflow provides direct scheme access for Ginger's white-label e-commerce payment gateway, enabling single-tenant architecture with direct connections to payment schemes.
• ElavoncoreChannel Partner/ Reseller/ DistributorElavon serves as the payment acquirer for Flytoget's landmark omnichannel contactless EMV ticketing system in partnership with Vayapay, providing the acquiring infrastructure for Norway's airport express train service.
• FlytogetcoreChannel Partner/ Reseller/ DistributorNorwegian airport express train operator (Oslo Airport to city centre) as the flagship customer for Vayapay's omnichannel contactless EMV ticketing solution, achieving world's first omnichannel ID-based ticketing implementation.
• Swiss PostkeyChannel Partner/ Reseller/ DistributorSwiss Post operates as a national postal service partner implementing XPP payment solutions across Switzerland for unattended and embedded payment environments.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• MultiSafepay: Dutch payment gateway serving European PSPs, acquirers and merchants with omnichannel processing and white-label offerings; overlaps directly with XPP's Ginger gateway product and shared Netherlands HQ market; notably, XPP's incoming CEO Pieter Stal was previously Deputy CEO at MultiSafepay.
• Nayax: Global provider of cashless payment solutions and telemetry for unattended retail, vending, EV charging and mobility; competes directly with KUARIO and Pecunda in unattended/POS payment infrastructure across European markets.
• Littlepay: London-based provider of open-loop account-based ticketing and mobility payments specifically for public transport; competes directly with Vayapay in contactless EMV ticketing and passenger recognition across European transit agencies.
• Mollie: Amsterdam-based European payment service provider offering multi-method checkout, gateway APIs, and embedded financial products; shared Dutch heritage and direct overlap with Ginger in the SME and PSP white-label gateway market across Northern Europe.

Broad incumbents

• Stripe: Global incumbent in payment infrastructure for internet businesses offering Connect, Issuing, and gateway APIs; competes with Ginger in the PSP/acquirer white-label segment and increasingly with embedded commerce flows that overlap with XPP's omnichannel payments stack.
• Worldline: European payments incumbent serving merchants, banks and transit operators with omnichannel acquiring and digital services; competes head-to-head with XPP for public transport tender contracts in Benelux and Northern Europe and with Ginger in payment orchestration.
• Adyen: Amsterdam-headquartered global payment platform providing unified online, in-store and platform payments; competes with Vayapay in transit card acquiring (e.g. NS, Stockholm public transport) and Ginger in white-label gateway orchestration across Europe.
• Nexi: Italy-based European payments incumbent with strong transit (e.g. ATM Milano, regional ticketing) and acquiring capabilities; competes with both Vayapay in transit modernisation tenders and Ginger in payment gateway services across continental Europe.

Regional players

• Unicard: UK-based closed-loop smartcard payment platform with strong focus on UK higher education and local authority payments (e.g. tappit campus cards); directly comparable to XPP's KUARIO in campus and unattended environments, though primarily serving UK universities.

Emerging players

• Phos (Ingenico): SoftPOS provider leveraging Ingenico's acquiring footprint to enable Android device-based contactless payments; overlaps with XPP's HybridPay terminal solution in unattended/semi-public environments and complements Ginger in unified commerce flows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/xpp

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about XPP