Nayax and A2Z Cust2Mate Unveil Disruptive On-Cart Payment Solution for Retail Shoppers
Nayax (NYAX) and A2Z Cust2Mate Solutions Corp. (AZ) 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 retail 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 with touchscreen panels, computer vision, and personalized interactive features. By incorporating Nayax's payment solution, the system enables a convenient 'pick-and-go' experience. The partners plan to sell this unified solution to retailers globally, with the first deployment in France and a goal to roll out tens of thousands of payment-enabled smart carts worldwide.
Nayax (NYAX) e A2Z Cust2Mate Solutions Corp. (AZ) hanno annunciato una partnership strategica per integrare il sistema di pagamento mobile automatizzato di Nayax con la piattaforma per carrelli intelligenti di A2Z Cust2Mate. Questa collaborazione mira a rivoluzionare l'esperienza di acquisto al dettaglio, consentendo ai clienti di completare l'intero percorso di acquisto direttamente dal loro carrello intelligente, eliminando la necessità di code per il checkout.
Il sistema Cust2Mate 3.0 trasforma i normali carrelli della spesa in potenti piattaforme di acquisto con pannelli touchscreen, visione artificiale e caratteristiche interattive personalizzate. Integrando la soluzione di pagamento di Nayax, il sistema consente un'esperienza 'pick-and-go' conveniente. I partner pianificano di vendere questa soluzione unificata ai rivenditori a livello globale, con il primo lancio in Francia e l'obiettivo di distribuire decine di migliaia di carrelli intelligenti abilitati ai pagamenti in tutto il mondo.
Nayax (NYAX) y A2Z Cust2Mate Solutions Corp. (AZ) han anunciado una asociación estratégica para integrar el sistema de pago móvil automatizado de Nayax con la plataforma de carritos inteligentes de A2Z Cust2Mate. Esta colaboración tiene como objetivo revolucionar la experiencia de compra minorista, permitiendo a los clientes completar todo su recorrido de compra desde su carrito inteligente, eliminando la necesidad de colas en la caja.
El sistema Cust2Mate 3.0 transforma los carritos de compras tradicionales en potentes plataformas de compra con paneles táctiles, visión por computadora y características interactivas personalizadas. Al incorporar la solución de pago de Nayax, el sistema permite una experiencia de 'pick-and-go' conveniente. Los socios planean vender esta solución unificada a minoristas en todo el mundo, con el primer lanzamiento en Francia y el objetivo de desplegar decenas de miles de carritos inteligentes habilitados para pagos en todo el mundo.
Nayax (NYAX)와 A2Z Cust2Mate Solutions Corp. (AZ)가 Nayax의 자동화된 셀프 서비스 모바일 결제 시스템과 A2Z Cust2Mate의 스마트 카트 플랫폼을 통합하기 위한 전략적 파트너십을 발표했습니다. 이 협력은 고객이 스마트 카트에서 전체 쇼핑 여정을 완료할 수 있도록 하여 체크아웃 줄의 필요성을 없애며, 소매 쇼핑 경험을 혁신하는 것을 목표로 하고 있습니다.
Cust2Mate 3.0 시스템은 일반 쇼핑 카트를 터치스크린 패널, 컴퓨터 비전 및 개인화된 인터랙티브 기능을 갖춘 강력한 쇼핑 플랫폼으로 변환합니다. Nayax의 결제 솔루션을 통합함으로써 시스템은 '픽 앤 고' 경험을 제공합니다. 파트너들은 이 통합 솔루션을 전 세계 소매업체들에게 판매할 계획이며, 프랑스에서 첫 번째 배포를 시작하고, 전 세계적으로 수만 대의 결제 가능한 스마트 카트를 출시하는 것을 목표로 하고 있습니다.
Nayax (NYAX) et A2Z Cust2Mate Solutions Corp. (AZ) ont annoncé un partenariat stratégique pour intégrer le système de paiement mobile automatisé de Nayax avec la plateforme de chariots intelligents d'A2Z Cust2Mate. Cette collaboration vise à révolutionner l'expérience d'achat au détail en permettant aux clients de compléter tout leur parcours d'achat depuis leur chariot intelligent, éliminant ainsi le besoin de faire la queue à la caisse.
Le système Cust2Mate 3.0 transforme les chariots de courses ordinaires en puissantes plateformes d'achat dotées de panneaux tactiles, de vision par ordinateur et de fonctionnalités interactives personnalisées. En intégrant la solution de paiement de Nayax, le système permet une expérience 'pick-and-go' pratique. Les partenaires prévoient de vendre cette solution unifiée aux détaillants à l'échelle mondiale, avec un premier déploiement en France et un objectif de déploiement de dizaines de milliers de chariots intelligents équipés de paiement dans le monde entier.
Nayax (NYAX) und A2Z Cust2Mate Solutions Corp. (AZ) haben eine strategische Partnerschaft angekündigt, um Nayaxs automatisiertes Self-Service-Mobile-Payment-System mit der smarten Einkaufswagen-Plattform von A2Z Cust2Mate zu integrieren. Diese Zusammenarbeit hat das Ziel, das Einkaufserlebnis im Einzelhandel zu revolutionieren, indem Kunden ihren gesamten Einkaufsprozess direkt von ihrem smarten Einkaufswagen aus abschließen können, ohne in Checkout-Schlangen warten zu müssen.
Das System Cust2Mate 3.0 verwandelt herkömmliche Einkaufswagen in leistungsstarke Einkaufsplattformen mit Touchscreen-Panels, Computer Vision und personalisierten interaktiven Funktionen. Durch die Integration von Nayaxs Zahlungsmethode ermöglicht das System ein bequemes 'Pick-and-Go'-Erlebnis. Die Partner planen, diese integrierte Lösung weltweit an Einzelhändler zu verkaufen, mit dem ersten Rollout in Frankreich und dem Ziel, zehntausende von zahlungsfähigen smarten Einkaufswagen weltweit einzuführen.
- Strategic partnership between Nayax and A2Z Cust2Mate to create an innovative retail solution
- Integration of Nayax's payment system with A2Z's smart cart platform enhances shopping experience
- Potential for global deployment, starting with France and aiming for tens of thousands of smart carts
- Solution aims to improve retailer operational efficiency and boost revenue
- None.
Insights
This partnership between Nayax and A2Z Cust2Mate represents a significant leap in retail technology. The integration of Nayax's payment system with A2Z's smart cart platform addresses a critical pain point in retail: checkout queues. By enabling on-cart payments, this solution could dramatically reduce friction in the shopping experience.
The technology's potential to transform any shopping cart into a smart platform is particularly noteworthy. This versatility could accelerate adoption across various retail environments. The combination of computer vision, personalized shopping experiences and seamless payments creates a comprehensive ecosystem that could significantly impact shopper behavior and retail operations.
However, the success of this technology will depend on factors like user acceptance, reliability and security measures to prevent theft or errors. The planned deployment in France will be a important test for real-world application and consumer adoption.
This partnership taps into several key retail trends: frictionless shopping, personalization and operational efficiency. The global smart retail market is projected to grow rapidly, with some estimates suggesting a
The commitment to deploy tens of thousands of smart carts globally indicates confidence in the technology's scalability. However, success will hinge on factors like retailer adoption rates, consumer acceptance and the system's ability to deliver on promised efficiencies. The initial rollout in France will be a critical indicator of the solution's market viability.
For investors, this partnership could represent a potential growth catalyst for both Nayax and A2Z Cust2Mate, especially if the technology proves successful in enhancing retail operations and customer satisfaction.
HERZLIYA, Israel, Sept. 10, 2024 (GLOBE NEWSWIRE) -- 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 Strategy Voice Associates Scott@strategyvoiceassociates.com | Gadi Graus, CEO Gadi.g@a2zas.com +972-73-3700544 |
| Investor Contacts: | Aaron Greenberg Chief Strategy Officer Aarong@nayax.com | Brett Maas, Managing Principal, Hayden IR, LLC brett@haydenir.com (646) 536-7331 |
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7bce3e36-42ba-4ca9-ad22-429b4ddc78d4
FAQ
What is the new partnership between Nayax (NYAX) and A2Z Cust2Mate (AZ) about?
How will the Cust2Mate 3.0 system with Nayax payment technology benefit shoppers?
Where will the first smart carts with Nayax's payment solution be deployed?
What is the goal for the deployment of payment-enabled smart carts by Nayax (NYAX) and A2Z Cust2Mate (AZ)?
