StartNewsNayax and Adyen Form Strategic Partnership to Expand Global Payment Infrastructure

Nayax and Adyen Form Strategic Partnership to Expand Global Payments Infrastructure for Electric Vehicles

A Nayax Ltd, a global trade platform, payments and loyalty, and Adyen, specialized in financial technology, they announced today a long-term strategic partnership. This collaboration aims to boost the global delivery of cashless payment technology for the electric vehicle (EV) charging and self-service sectors

Key Points of the Partnership:

  1. Adyen integrates with Nayax's acquiring bank network
  2. The Nayax platform will be integrated into Adyen's global infrastructure
  3. Nayax's expansion to new regions, including Latin America and APAC
  4. Significant reduction in operational costs for Nayax
  5. Development of the first global omnichannel payment service provider solution for Electric Vehicle Charging Point Operators (CPOs)

The partnership will introduce a payment solution for EV, integrating in-person and online payments through a mobile software development kit (SDK). This innovation aims to address significant operational challenges for CPOs, that currently face difficulties in reconciling payments between multiple providers

Aaron Greenberg, Strategy Director of Nayax, commented: "The partnership with Adyen, one of the most innovative financial technology companies globally, provides Nayax with a long-term strategic partner who can support the accelerated international growth of our business. We believe that our expansion into e-commerce will be a significant catalyst for the growth of our company.”

For Adyen, This partnership represents an opportunity to deepen its presence in industries where Nayax excels., gaining access to a base of over 85.000 clients

Roelant Prins, Commercial Director of Adyen, expressed: Adyen is excited to join forces with Nayax to help further boost the platform's offering in the EV charging and self-service sectors, that are growing rapidly.. This collaboration will be a big step towards accelerating the growth of both companies..”

This partnership has the potential to significantly transform the payment landscape in the electric vehicle and self-service sector. The combination of Nayax's expertise in cashless payments with Adyen's global infrastructure promises to offer more efficient and integrated solutions for operators and consumers around the world

The companies are currently finalizing the details of the integration of their platforms and plan to launch the new payment solution for EV soon. More information on the implementation schedule and regional availability will be released in the coming months

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