Enjoy Increased Revenue Opportunities with Nayax’s Cashless Payment Solution

The benefits of cashless transactions for the vending industry are many, both from the consumer side and the operator side.

And in today’s world we see how much safer cashless transactions are. As cash, coins and notes, are passed around from person to person, for months on end, before being pulled from circulation, cashless payments, whether credit card or mobile app or wearable technology, is the preferred method of payment. And once the world overcomes this current pandemic, it seems to be clear that this will be the case going forward.

In addition, consumers are increasingly turning to contactless payments due to the convenience afforded to them. The ability to pay via phone or wearable technology is easy and fast. This correlates with a vending purchase, which by design is meant to be a quick transaction.

Operators need to equip their machines with devices to accept these payments, at the risk of losing business. 

All Nayax’s cashless payment solutions accept contactless payments. With VPOS Touch and Onyx, operators enjoy knowing that their machines can accept the most popular cashless payment methods, whether via credit card, mobile app or prepaid card. 

As consumers eagerly leave their homes following Covid-19, consumers are ready and willing to pay with their favorite apps and credit cards (including Apple Pay, Samsung Pay, G Pay, Garmin Pay, WeChat Pay, Ali Pay, Visa and Mastercard and Interac), operators not providing these payment options losing customers and sales.

Integrating Nayax’s contact and contactless payment capabilities to a vending machine give operators additional business benefits, such as machine monitoring and tracking transactions, receiving alerts for adverse events such as Power Down, Door Ajar, Missing Inventory and more, ensuring minimal revenue loss and downtime. 

Nayax’s complete cashless solution also enables a powerful consumer engagement platform, Monyx Wallet. This promotes loyalty and consumer engagement, giving savings to consumers and additional revenue to operators.

More than just another payment application, Monyx Wallet can be used to directly communicate with consumers, allowing them to rate machines, receive instant digital refunds, and have direct communication with consumers.

Nayax ensures operators have the newest payment technologies, including the latest integrations, features and updates, with continuous innovations performed by Nayax’s in-house R&D department.

Along with the added benefits for consumers, there is a long list of benefits operators will enjoy. With Nayax, operators can offer a variety of loyalty programs to help increase consumer engagement with multiple reward options. Marketing campaigns like punch cards or employee discounts allow operators to achieve repeat customers and increased sales.
Nayax provides solutions for all unattended businesses, including vending, OCS, and micro markets and lets operators manage all their machines via a single account, making it easy for owners to expand into other markets and explore new business opportunities.