Global Fintech Company Expands Its Card Present Cashless Services in Asia
Nayax, the leading cashless solution provider for the unattended market, has joined forces with First Data Singapore, a global leader in commerce-enabling technology and solutions. Following the successful partnership in Australia, Nayax and First Data are bringing their award-winning services to more countries in South East Asia, starting with Singapore. This collaboration allows Nayax to expand in the Asian market, providing operators with enhanced service, and advanced payment technologies.
Nayax already has a presence in Singapore’s vending machine, photo booths, electronic lockers, and kiddie rides markets, and will deploy its award-winning terminals to a variety of new automatic retail segments across the island country. The partnership with First Data will provide consumers the ability to pay with credit cards, debit cards, as well as mobile wallets at machines with Nayax card reader devices. More alternative payment methods will be added to the card readers in the near future, offering even greater flexibility to consumers.
For operators, Nayax can also help increase business efficiency with the use of telemetry, which allows for continuous connectivity, remote monitoring and device management. Nayax’s Management Suite offers inventory management, sales reports, real-time alerts, and BI capabilities.
“Nayax believes that a cashless society starts with micro-payments”, says Nayax’s Asian Regional Manager, Omri Peled. “In the last few years the Singaporean government has been pushing for more cashless innovation, however, only recently has this begun to be visible with more QR payment schemes and credit cards payments in public transportation. Nayax’s solutions will also be part of this change, offering open payment options at automatic machines, allowing consumers in Singapore to pay with their preferred payment method.”
Nayax offers a complete cashless solution including telemetry, management suite and consumer engagement tools, to unattended retail and self-serve markets. 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. Visit www.nayax.com for more information.
About First Data
First Data (NYSE: FDC) is a global leader in commerce-enabling technology and solutions, serving approximately six million business locations and more than 3,700 financial institutions in more than 100 countries around the world. The Company’s 19,000 owner-associates are dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 3,000 transactions per second and $2.6 trillion per year.