Nayax and A2Z Cust2Mate Unveil Disruptive On-Cart Payment Solution for Retail Shoppers
Nayax (Nasdaq:NYAX)(TASE:NYAX) and A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)(FRA - WKN:A3CSQ) have announced a strategic partnership to integrate Nayax's automated self-service retail mobile payment system with A2Z Cust2Mate's smart cart platform. This collaboration aims to revolutionize the shopping experience by allowing customers to complete their entire shopping journey from their smart cart, eliminating the need for checkout lines.
The Cust2Mate 3.0 system transforms regular shopping carts into powerful shopping platforms, featuring a touchscreen panel, computer vision, and advanced algorithms. With Nayax's on-cart payment solution, customers can simply 'pick-and-go'. The partnership will focus on selling this unified solution to retailers globally, with initial deployments planned in France and a goal to implement tens of thousands of payment-enabled smart carts worldwide.
Nayax (Nasdaq:NYAX)(TASE:NYAX) e A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)(FRA - WKN:A3CSQ) hanno annunciato una partnership strategica per integrare il sistema di pagamento mobile self-service automatizzato di Nayax con la piattaforma Carrello Intelligente di A2Z Cust2Mate. Questa collaborazione mira a rivoluzionare l'esperienza di acquisto consentendo ai clienti di completare l'intero percorso di acquisto dal proprio carrello intelligente, eliminando la necessità di code alle casse.
Il sistema Cust2Mate 3.0 trasforma i normali carrelli della spesa in potenti piattaforme di shopping, dotate di un pannello touchscreen, visione computerizzata e algoritmi avanzati. Grazie alla soluzione di pagamento on-cart di Nayax, i clienti possono semplicemente 'prendere e andare'. La partnership si concentrerà sulla vendita di questa soluzione unificata ai rivenditori a livello globale, con implementazioni iniziali pianificate in Francia e un obiettivo di implementare decine di migliaia di carrelli intelligenti abilitati ai pagamenti in tutto il mondo.
Nayax (Nasdaq:NYAX)(TASE:NYAX) y A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)(FRA - WKN:A3CSQ) han anunciado una asociación estratégica para integrar el sistema de pago móvil de autoservicio automatizado de Nayax con la plataforma de carrito inteligente de A2Z Cust2Mate. Esta colaboración tiene como objetivo revolucionar la experiencia de compra al permitir a los clientes completar todo su viaje de compras desde su carrito inteligente, eliminando la necesidad de colas en la caja.
El sistema Cust2Mate 3.0 transforma los carritos de compras regulares en potentes plataformas de compras, con un panel táctil, visión artificial y algoritmos avanzados. Con la solución de pago en el carrito de Nayax, los clientes pueden simplemente 'tomar y llevar'. La asociación se centrará en vender esta solución unificada a minoristas a nivel global, con implementaciones iniciales programadas en Francia y un objetivo de implementar decenas de miles de carritos inteligentes habilitados para pagos en todo el mundo.
Nayax (Nasdaq:NYAX)(TASE:NYAX)와 A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)(FRA - WKN:A3CSQ)는 Nayax의 자동화된 셀프 서비스 소매 모바일 결제 시스템을 A2Z Cust2Mate의 스마트 카트 플랫폼과 통합하기 위한 전략적 파트너십을 발표했습니다. 이 협력은 고객이 스마트 카트에서 전체 쇼핑 여정을 완료할 수 있도록 하여 결제 대기열을 없애는 방식으로 쇼핑 경험을 혁신하는 것을 목표로 하고 있습니다.
Cust2Mate 3.0 시스템은 일반 쇼핑 카트를 강력한 쇼핑 플랫폼으로 변모시키며, 터치스크린 패널, 컴퓨터 비전 및 고급 알고리즘을 특징으로 합니다. Nayax의 카트 내 결제 솔루션으로 고객은 '픽 앤 고' 방식으로 간단히 쇼핑할 수 있습니다. 이 파트너십은 전 세계 소매업체에 이 통합 솔루션을 판매하는 데 중점을 두며, 초기 배치는 프랑스에서 계획되고 있으며 전 세계 수만 개의 결제 가능 스마트 카트를 도입하는 목표를 가지고 있습니다.
Nayax (Nasdaq:NYAX)(TASE:NYAX) et A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)(FRA - WKN:A3CSQ) ont annoncé un partenariat stratégique pour intégrer le système de paiement mobile de self-service automatisé de Nayax avec la plateforme de chariot intelligent d'A2Z Cust2Mate. Cette collaboration vise à révolutionner l'expérience d'achat en permettant aux clients de terminer l'ensemble de leur parcours d'achat depuis leur chariot intelligent, éliminant ainsi les files d'attente aux caisses.
Le système Cust2Mate 3.0 transforme les chariots de courses ordinaires en puissantes plateformes d'achat, avec un panneau tactile, une vision par ordinateur et des algorithmes avancés. Avec la solution de paiement embarquée de Nayax, les clients peuvent tout simplement 'prendre et partir'. Le partenariat se concentrera sur la vente de cette solution unifiée aux détaillants du monde entier, avec des déploiements initiaux prévus en France et un objectif d'implémenter des dizaines de milliers de chariots intelligents équipés de paiement à l'échelle mondiale.
Nayax (Nasdaq:NYAX)(TASE:NYAX) und A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)(FRA - WKN:A3CSQ) haben eine strategische Partnerschaft angekündigt, um das automatisierte Self-Service-Zahlungssystem von Nayax mit der Smart-Cart-Plattform von A2Z Cust2Mate zu integrieren. Diese Zusammenarbeit zielt darauf ab, das Einkaufserlebnis zu revolutionieren, indem sie es den Kunden ermöglicht, ihre gesamte Einkaufstour von ihrem Smart-Cart aus abzuschließen und Wartezeiten an den Kassen zu beseitigen.
Das Cust2Mate 3.0 System verwandelt reguläre Einkaufswagen in leistungsstarke Einkaufsplattformen und verfügt über ein Touchscreen-Panel, Computer Vision und fortschrittliche Algorithmen. Mit Nayax' Zahlungslösung im Einkaufswagen können die Kunden einfach 'nehmen und gehen'. Die Partnerschaft wird sich darauf konzentrieren, diese integrierte Lösung weltweit an Einzelhändler zu verkaufen, wobei die ersten Implementierungen in Frankreich geplant sind und das Ziel darin besteht, Zehntausende von zahlungsfähigen Smart-Carts weltweit einzuführen.
- Strategic partnership between Nayax and A2Z Cust2Mate to integrate payment solutions with smart cart technology
- Potential for global expansion with initial deployment in France and plans for tens of thousands of smart carts worldwide
- Enhanced shopping experience for customers with 'pick-and-go' functionality
- Improved operational efficiency for retailers by relocating point of sale to shopping carts
- None.
Insights
This partnership between Nayax and A2Z Cust2Mate represents a significant leap in retail technology. The integration of on-cart payment solutions with smart cart technology addresses two critical pain points in modern retail: checkout queues and personalized shopping experiences. This solution could potentially increase customer satisfaction and store efficiency, leading to higher sales and reduced operational costs for retailers.
The "pick-and-go" model, enabled by this technology, aligns with the growing consumer demand for frictionless shopping experiences. However, the success of this venture will largely depend on consumer adoption rates and the ability of retailers to effectively implement and maintain the technology. The planned deployment in France will serve as a important test case for global scalability.
This partnership could have positive implications for both Nayax (NYAX) and A2Z Cust2Mate (AZ). The collaboration expands their addressable market and potentially creates a new revenue stream. However, investors should note that the financial impact may not be immediate, as large-scale adoption by retailers will take time.
Key factors to watch include:
- The speed of deployment and adoption rates in France
- Retailer feedback on operational efficiency and cost savings
- Any increase in average transaction value due to personalized shopping experiences
While the partnership shows promise, it's important to monitor the execution and scalability of this solution before drawing conclusions about its long-term impact on either company's financials.
This partnership taps into several key retail trends:
- Frictionless shopping: Consumers increasingly value speed and convenience
- Personalization: Tailored experiences can drive customer loyalty and increase basket size
- Operational efficiency: Retailers are seeking ways to reduce labor costs and improve store operations
The success of this solution will largely depend on consumer acceptance and the ability to demonstrate clear ROI for retailers. Potential challenges include privacy concerns related to data collection and the need for significant upfront investment by retailers. The global smart retail market is projected to grow rapidly, but competition in this space is intensifying. Nayax and A2Z Cust2Mate will need to move quickly to establish a strong market position.
HERZLIYA, ISRAEL / ACCESSWIRE / September 10, 2024 / Nayax Ltd. (Nasdaq:NYAX)(TASE:NYAX), a global commerce enablement payments and loyalty platform designed to help merchants scale their business, and A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)(FRA - WKN:A3CSQ), a global leader in innovative technology solutions, today announced a strategic partnership to pair Nayax's convenient automated self-service retail mobile payment system with A2Z Cust2Mate's innovative smart cart platform for smart retail stores.
Nayax and A2Z Cust2Mate will allow customers to complete their entire shopping journey from the comfort of their smart cart, with no need to waste time in long checkout lines. A2Z's Cust2Mate 3.0 can transform any shopping cart into a powerful shopping platform, integrating a sleek touchscreen panel, with computer vision and a powerful algorithm to provide an effective, interactive, and personalized shopping experience. Incorporating Nayax's innovative on-cart comprehensive hardware and software payment solution, A2Z Cust2Mate 3.0 will allow customers to simply "pick-and-go", providing a more convenient shopping experience.
Nayax and A2Z Cust2Mate will collaborate to sell the Cust2Mate 3.0 smart cart system with integrated Nayax payment technology as a unified, end-to-end solution for retailers around the world. The first smart carts with Nayax's payment solution will be deployed in France, with the goal to deploy tens of thousands of payment enabled smart carts globally.
"Relocating the point of sale from the checkout lane to the shopping cart is an ingenious way to improve a retailer's operational efficiency and the shopper's experience," says Yair Nechmad, CEO and Chairman of Nayax. "Nayax is thrilled to partner with A2Z Cust2Mate to offer an integrated, state-of-the-art shopping and payment solution for retailers and their customers."
"This partnership expands our sales reach and strengthens our presence in the retail market," commented Gadi Graus, CEO of A2Z Cust2Mate. "By integrating Nayax's seamless payment solution with our smart carts, we've created a game-changing innovation that boosts retailer revenue, cuts operational costs, and enhances the shopping experience."
About Nayax
Nayax is a global commerce enablement, payments and loyalty platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, management suite, and loyalty tools, enabling merchants to conduct commerce anywhere, at any time. As a global leader in serving unattended retail, Nayax has transformed into a comprehensive solution focused on our customers' growth across multiple channels. As of June 30, 2024, Nayax has 11 global offices, approximately 1,100 employees, connections to more than 80 merchant acquirers and payment method integrations, and is globally recognized as a payment facilitator. Nayax's mission is to improve its customers' revenue potential and operational efficiency. For more information, please visit www.nayax.com.
About A2Z Cust2mate Solutions Corp.
A2Z Cust2Mate Solutions Corp. creates innovative solutions for complex challenges. A2Z's flagship product is the world's first proven-in-use mobile self-checkout shopping cart. With its user-friendly smart algorithm, touch screen, and other technologies, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply "pick & go", and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers
For more information on A2Z Cust2mate Solutions Corp. (NASDAQ: AZ) ($AZ)(FRA - WKN:A3CSQ) and its subsidiary, Cust2mate Ltd., please visit https://cust2mate.com/
Nayax Forward-Looking Statements
This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as "anticipate," "believe," "could," "expect," "should," "plan," "intend," "estimate" and "potential," among others. Forward-looking statements include, but are not limited to, statements regarding our intent, belief or current expectations. Forward-looking statements are based on our management's beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to: our expectations regarding general market conditions, including as a result of the COVID 19 pandemic and other global economic trends; changes in consumer tastes and preferences; fluctuations in inflation, interest rate and exchange rates in the global economic environment; the availability of qualified personnel and the ability to retain such personnel; changes in commodity costs, labor, distribution and other operating costs; our ability to implement our growth strategy; changes in government regulation and tax matters; other factors that may affect our financial condition, liquidity and results of operations; general economic, political, demographic and business conditions in Israel, including the ongoing war in Israel that began on October 7, 2023 and global perspectives regarding that conflict; the success of operating initiatives, including advertising and promotional efforts and new product and concept development by us and our competitors; Moshe Shmaryahu's success as the Company's new Chief Information Officer; and other risk factors discussed under "Risk Factors" in our annual report on Form 20-F filed with the SEC on February 28, 2023 (our "Annual Report"). The preceding list is not intended to be an exhaustive list of all of our forward-looking statements. The forward-looking statements are based on our beliefs, assumptions and expectations of future performance, taking into account the information currently available to us. These statements are only estimates based upon our current expectations and projections about future events. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. In particular, you should consider the risks provided under "Risk Factors" in our Annual Report. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Each forward-looking statement speaks only as of the date of the particular statement. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations.
A2Z Cust2mate Forward-looking Statements
Matters discussed in this press release may contain forward-looking statements that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company's filings with the on SEDAR and with the Securities and Exchange Commission. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. Forward-looking statements contained in this announcement are made as of this date, and the company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein.
| For Nayax | For A2Z Cust2mate |
Company Contact Information: | Scott Gamm | Gadi Graus, CEO |
Investor Contacts: | Aaron Greenberg | Brett Maas, Managing Principal, Hayden IR, LLC |
SOURCE: A2Z Cust2Mate Solutions Corp.
View the original press release on accesswire.com
FAQ
What is the new partnership between Nayax and A2Z Cust2Mate for?
How will the Cust2Mate 3.0 smart cart system benefit shoppers?
Where will the first smart carts with Nayax's payment solution be deployed?
What is the goal for the number of payment-enabled smart carts to be deployed globally?
