Nayax Launches its Suite of Attended Retail Payment Solutions in Europe

Rhea-AI Summary

Nayax (Nasdaq: NYAX; TASE: NYAX) announced the launch of its attended retail payment solutions across 40 European markets. The company's end-to-end retail solution includes multi-channel hardware, software, management, and customer engagement capabilities on a unified platform.

The initial product offerings include the Nova 55F handheld POS, Nova 116 Flip tablet POS, and Nova C4 pinpad, complementing their existing automated self-service payment solutions. These EMV-certified and secure NFC- and PIN-capable retail payment terminals are designed for various use cases in retail and hospitality settings.

The expansion covers major European countries including Germany, France, UK, Italy, Spain, and numerous others, marking a significant step in Nayax's global growth strategy.

Positive

• Significant market expansion into 40 new European territories
• Comprehensive product offering combining attended and self-service payment solutions
• Diversification of revenue streams through new market penetration

Negative

• None.

News Market Reaction

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-3.03% News Effect

On the day this news was published, NYAX declined 3.03%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

HERZLIYA, Israel, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement and payments platform designed to help merchants scale their business by simplifying payments and maximizing loyalty, today announced that it will launch its versatile and powerful suite of attended retail solutions, tailor-made for retailers and hospitality businesses, in 40 new European markets.

Nayax’s end-to-end retail solution can now address multi-channel hardware, software, management, and customer engagement needs with one unified platform, helping merchants streamline operations, cut costs, and focus on their core business.

Initially, Nayax will offer the Nova 55F handheld POS, Nova 116 Flip tablet POS, and Nova C4 pinpad alongside its robust suite of automated self-service payment solutions. Together, these products will enable European retail and hospitality businesses to deploy advanced, integrated, EMV-certified, and secure NFC- and PIN-capable retail payment terminals for various use cases, from the counter in the forecourt to the valet stand.

“Offering our attended retail solutions to Europe is a significant milestone for Nayax’s global growth,” said Yair Nechmad, CEO of Nayax. “We’re excited to help retailers and hospitality businesses across Europe simplify their operations with our all-in-one attended and self-service payment solution.”

New markets include Albania, Andorra, Austria, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, France, Germany, Gibraltar, Greece, Hungary, Iceland, Ireland, Isle of Man, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom, and Vatican City State.

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. With foundations and global leadership in serving unattended retail, Nayax has transformed into a comprehensive solution focused on our customers' growth across multiple channels. As of Sep 30, 2024, Nayax has 11 global offices, approximately 1,100 employees, connections to more than 80 merchant acquirers and payment method integrations and globally recognized as a payment facilitator. Nayax's mission is to improve our customers' revenue potential and operational efficiency. For more information, please visit www.nayax.com.

Public Relations Contact:
Scott Gamm
Strategy Voice Associates
Scott@strategyvoiceassociates.com

Investor Relations Contact:
Aaron Greenberg
Chief Strategy OfficerIR@nayax.com

FAQ

What new products is Nayax (NYAX) launching in Europe?

Nayax is launching the Nova 55F handheld POS, Nova 116 Flip tablet POS, and Nova C4 pinpad, alongside its existing automated self-service payment solutions.

How many European markets will Nayax (NYAX) expand into?

Nayax is expanding into 40 new European markets, including major countries like Germany, France, UK, Italy, Spain, and many others.

What features does Nayax's (NYAX) retail solution offer?

Nayax's retail solution offers multi-channel hardware, software, management, and customer engagement capabilities on a unified platform, with EMV-certified and secure NFC- and PIN-capable payment terminals.