Nuvei powers cashless payments for Nayax
Since partnering with Nuvei, Nayax’s cashless transactions have grown by 60% and are expected to soar beyond that
About Nayax
Nayax is a leading global provider of cashless payment solutions, with telemetry and a management suite for unattended automatic machines. Nayax’s features help operators improve their day-to-day operations and long-term planning, while their marketing tools assist operators in transforming unattended machines into 24/7 retail stores with consumer engagement and IoT activities. As a global company, Nayax’s goal is to provide all payment methods in each region, ensuring consumers can pay with their preferred payment method, wherever they are located.
The Challenge
With their previous processor, Nayax managed many of the backend processes related to risk management and account maintenance including: Terminal ID management, Anti-money Laundering (AML) and Know Your Customer (KYC) checks, plus customer due diligence. Nayax needed a simpler, automated process. Plus, their clients also wanted autonomy over their financials and the flexibility to negotiate better rates. Nayax’s challenge was finding a partner who could integrate payments into their solutions seamlessly, and onboard clients quickly and autonomously.
10 years ago, selling card readers was difficult. Most people were happy using cash for micro transactions. Today, especially during the COVID-19 pandemic, demand for cashless payment options is at an all-time high. Nuvei allows us to provide world-class payment processing solutions to our clients, setting us apart from the competition."
— Alex Vaserman, Technical Sales Director at Nayax
The Results
Since partnering with Nuvei, Nayax’s cashless transactions have grown by 60%! How did Nuvei make it happen? Download the case study to learn about 7 key elements of this successful integration.