Nayax Partners with Adyen to Globally Expand Electric Vehicle Charging and Automated Self-Service Payments Infrastructure
Nayax (Nasdaq: NYAX; TASE: NYAX) and Adyen have announced a long-term strategic partnership to expand cashless payment technology globally in the Electric Vehicle (EV) charging and automated self-service industries. This collaboration will integrate Nayax's end-to-end payment and loyalty platform into Adyen's single global platform, enabling Nayax to expand into new regions such as Latin America and APAC while lowering operational costs.
The partnership will introduce the world's first global omni-channel payment service provider solution for EV Charge Point Operators (CPOs), addressing the complexities of reconciling payments between multiple providers. This solution will integrate both card present and online payments using a mobile payment software development kit (SDK).
Nayax (Nasdaq: NYAX; TASE: NYAX) e Adyen hanno annunciato una partnership strategica a lungo termine per espandere la tecnologia di pagamento senza contante a livello globale nei settori del ricarica di veicoli elettrici (EV) e dei servizi self-service automatizzati. Questa collaborazione integrerà la piattaforma di pagamento e fidelizzazione end-to-end di Nayax nella piattaforma globale unica di Adyen, consentendo a Nayax di espandersi in nuove regioni come l'America Latina e l'APAC, riducendo i costi operativi.
La partnership introdurrà la prima soluzione globale di provider di servizi di pagamento omni-canale per gli Operatori di Punti di Ricarica (CPO) di EV, affrontando le complessità della riconciliazione dei pagamenti tra diversi fornitori. Questa soluzione integrerà sia i pagamenti con carta fisica che quelli online utilizzando un kit di sviluppo software per pagamenti mobili (SDK).
Nayax (Nasdaq: NYAX; TASE: NYAX) y Adyen han anunciado una asociación estratégica a largo plazo para expandir la tecnología de pagos sin efectivo a nivel mundial en las industrias de carga de vehículos eléctricos (EV) y de autoservicio automatizado. Esta colaboración integrará la plataforma de pagos y lealtad de Nayax en la plataforma global única de Adyen, permitiendo a Nayax expandirse a nuevas regiones como América Latina y APAC, al tiempo que reduce los costos operativos.
La asociación presentará la primera solución global de proveedor de servicios de pago omnicanal para Operadores de Puntos de Carga (CPO) de EV, abordando las complejidades de la reconciliación de pagos entre múltiples proveedores. Esta solución integrará tanto pagos en tarjeta presente como en línea utilizando un kit de desarrollo de software de pagos móviles (SDK).
Nayax (Nasdaq: NYAX; TASE: NYAX)와 Adyen은 장기 전략적 파트너십을 발표하여 전기차(EV) 충전 및 자동 셀프 서비스 산업에서 전 세계적으로 비현금 결제 기술을 확장하기로 했습니다. 이 협력은 Nayax의 엔드투엔드 결제 및 충성도 플랫폼을 Adyen의 단일 글로벌 플랫폼에 통합하여 Nayax가 라틴 아메리카 및 APAC과 같은 새로운 지역으로 확장할 수 있도록 하며, 운영 비용을 절감합니다.
파트너십은 EV 충전 포인트 운영자(CPO)를 위한 세계 최초의 글로벌 옴니채널 결제 서비스 제공업체 솔루션을 도입하여 여러 공급자 간의 결제 조정 복잡성을 해결합니다. 이 솔루션은 카드 대면 결제 및 온라인 결제를 모바일 결제 소프트웨어 개발 키트(SDK)를 사용하여 통합할 것입니다.
Nayax (Nasdaq: NYAX; TASE: NYAX) et Adyen ont annoncé un partenariat stratégique à long terme pour étendre la technologie de paiement sans espèces au niveau mondial dans les secteurs de la recharge de véhicules électriques (EV) et des services automatiques. Cette collaboration intégrera la plateforme de paiement et de fidélisation de bout en bout de Nayax dans la plateforme globale unique d'Adyen, permettant à Nayax de s'étendre dans de nouvelles régions telles que l'Amérique latine et l'APAC tout en réduisant les coûts opérationnels.
Le partenariat introduira la première solution mondiale de fournisseur de services de paiement omni-canal pour les opérateurs de points de charge EV (CPO), abordant les complexités de la réconciliation des paiements entre plusieurs fournisseurs. Cette solution intégrera à la fois des paiements en personne et en ligne en utilisant un kit de développement logiciel de paiement mobile (SDK).
Nayax (Nasdaq: NYAX; TASE: NYAX) und Adyen haben eine langfristige strategische Partnerschaft angekündigt, um die bargeldlose Zahlungstechnologie weltweit in den Branchen der Elektrofahrzeug-(EV)-Ladung und automatisierten Selbstbedienung auszubauen. Diese Zusammenarbeit wird Nayax's End-to-End-Zahlungs- und Treueplattform in Adyens einzigartige globale Plattform integrieren, was Nayax ermöglicht, in neue Regionen wie Lateinamerika und APAC zu expandieren und die Betriebskosten zu senken.
Die Partnerschaft wird die weltweit erste globale Omni-Channel-Zahlungsdienstleisterlösung für EV-Ladepunktbetreiber (CPO) einführen, die die Komplexität der Zahlungsabwicklung zwischen mehreren Anbietern adressiert. Diese Lösung wird Zahlungen sowohl mit physischer Karte als auch online unter Verwendung eines Software-Entwicklungskits (SDK) für mobile Zahlungen integrieren.
- Strategic partnership with Adyen enables Nayax to expand into new regions like Latin America and APAC
- Integration with Adyen's platform expected to significantly lower Nayax's operational costs
- Development of a first-of-its-kind global omni-channel payment solution for EV Charge Point Operators
- Potential for significant business growth through expansion into e-commerce, starting with EV charging
- None.
Nayax's partnership with Adyen marks a significant strategic move that could substantially impact its financial performance. This collaboration enables Nayax to expand into new markets, particularly Latin America and APAC, while reducing operational costs. The integration of Nayax's platform with Adyen's global network could lead to increased transaction volumes and revenue growth.
The focus on the EV charging market is particularly noteworthy. With the global EV market projected to grow at a CAGR of
Investors should monitor Nayax's revenue growth and profit margins in the quarters following this partnership, as well as any updates on market share gains in the EV charging sector.
The partnership between Nayax and Adyen represents a technological leap in the EV charging and automated self-service industries. The integration of Nayax's end-to-end payment and loyalty platform with Adyen's global financial technology platform creates a powerful synergy that addresses critical pain points in these sectors.
The upcoming global omni-channel payment service provider solution for EV Charge Point Operators is particularly innovative. By using a mobile payment SDK to integrate both card-present and online payments, this solution tackles the complex issue of payment reconciliation that has long plagued CPOs. This streamlined approach could significantly improve operational efficiency and user experience in the EV charging ecosystem.
Moreover, the expansion into e-commerce, starting with EV charging, signals Nayax's strategic pivot towards a more comprehensive digital payment solution. This move aligns with the broader trend of digitalization in the payments industry and positions Nayax as a forward-thinking player in the market.
This partnership between Nayax and Adyen is poised to reshape the competitive landscape in the EV charging and automated self-service payment sectors. By combining Nayax's industry-specific expertise with Adyen's global financial technology platform, the alliance creates a formidable market offering that could outpace competitors.
The focus on EV charging is particularly astute. The global EV charging infrastructure market is projected to reach
Furthermore, the partnership's potential to facilitate Nayax's expansion into Latin America and APAC is significant. These regions are experiencing rapid growth in both EV adoption and digital payments, presenting substantial market opportunities. Investors should watch for Nayax's market share gains in these regions and any announcements of new client acquisitions, particularly among major CPOs.
The two companies will also provide the world’s first global omni-channel payment service provider solution in EV charging
HERZLIYA, Israel, Sept. 16, 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 Adyen, the global financial technology platform of choice for leading companies, today announced a long-term strategic partnership to drive the seamless global delivery of cashless payment technology to businesses in the Electric Vehicle (EV) charging and automated self-service industries.
With this partnership, Adyen joins Nayax’s network of acquiring banks and Nayax’s end-to-end payment and loyalty platform will be integrated into Adyen’s single global platform. This allows Nayax to expand into new regions such as Latin America and APAC, while also significantly lowering operational costs associated with ongoing operations as a payment facilitator and entering into new markets.
At the center of Nayax and Adyen’s partnership is a forthcoming first-of-its-kind global omni-channel payment service provider solution specifically built for EV Charge Point Operators (CPOs). The soon-to-be-launched EV payments solution will be integrated using a mobile payment software development kit (SDK) to foster the seamless integration of both card present and online payments, resolving significant operational issues for CPOs, which grapple with the complexities of reconciling payments between multiple providers. Currently, Nayax provides payment processing devices and software globally for many of the largest CPOs.
“Partnering with Adyen, one of the most innovative financial technology companies globally, provides Nayax with a long-term strategic partner that can support the fast-paced international growth of our business,” said Aaron Greenberg, Chief Strategy Officer at Nayax. “We believe our expansion into e-commerce, which will begin with EV charging and expand into other verticals, will be a significant catalyst of our company’s growth.”
“Adyen is thrilled to join forces with Nayax to help further drive the platform's offering in the fast-growing EV charging and automated self-service verticals,” said Roelant Prins, Chief Commercial Officer at Adyen. “Helping Nayax build out its global financial technology offering will go a long way towards supercharging the company’s growth and allowing us to deepen our presence into the industries where Nayax excels, allowing us to access its impressive roster of more than 85,000 customers.”
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 Adyen
Adyen (ADYEN:AMS) is the financial technology platform of choice for leading companies. By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Meta, Uber, H&M, eBay, and Microsoft. The collaboration with Nayax, described in this press release, underlines Adyen's continuous growth with existing and new customers over the years. For more information, visit Adyen.com.
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 of 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; and other risk factors discussed under “Risk Factors” in our annual report on Form 20-F filed with the SEC on February 28, 2024 (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.
Public Relations Contact:
Scott Gamm
Strategy Voice Associates
Scott@strategyvoiceassociates.com
Investor Relations Contact:
Aaron Greenberg
Chief Strategy Officer
Aarong@nayax.com
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