Nova Modu simplifies payments, strengthens customer engagement, tracks inventory, and transforms into tools like a fast barcode scanner with clip-on modular upgrades
HERZLIYA, Israel, Feburary 13, 2025 — 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 the launch of Nova Modu, a handheld modular POS device built to scale with the needs of any attended retail business. Nova Modu will be presented at EuroCIS 2025, the leading trade fair for retail and technology, from February 18-20 at the Messe Düsseldorf, Germany.
Nova Modu combines a versatile EMV-certified payment terminal with fully-functional POS software, including product catalogs, inventory control, and loyalty tools, into a scalable, all-in-one solution for payment, customer engagement, and stock management. Merchants can customize and upgrade their Nova Modu with plug-and-play upgrades, like a receipt printer, barcode scanner, and IP 66-certified protective case, to meet changing business demands and improve continuously.
Nova Modu lets customers pay with their choice of major methods, including credit and debit cards, and mobile wallets, anywhere a salesman can go, increasing accessibility and opening new sales channels in the forecourt and on the sales floor. Merchants can pair Nova Modu with digital receipts and marketing automation, for a fully integrated, all-in-one solution for payments, loyalty, and operations. The device is available in 37 territories, including the UK, the US, and a several countries within the EU.
“Nova Modu empowers retailers to connect with their customers in new and exciting ways, using a modular payment device as agile and adaptable as their business,” says Yair Nechmad, CEO and Chairman of Nayax. “With this launch, Nayax strengthens our position as an innovator and disruptor in attended retail payment services.”
Attendees of EuroCIS 2025 are invited to visit Nayax at Stand #10D72. Learn more about Nova Modu.
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 — effectively and simply. For more information, please visit www.nayax.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
IR@nayax.com
