Nayax announces a strategic partnership with Slovakia’s ASO Vending

Nayax Ltd., a global commerce enablement payments and loyalty platform designed to help merchants scale their business, announced a strategic partnership with Slovakia’s ASO Vending, the country’s largest vending machine operator.

This partnership will include the installation of thousands of Nayax’s Onyx contactless card readers on vending machines throughout the country over the next few years, more than doubling Nayax’s active devices in Slovakia. These devices will be purchased via Nayax Capital, Nayax’s embedded financing solution, allowing ASO Vending to deploy them while maintaining healthy cash flow.

Nayax devices will be supported by Jimark, Nayax’s approved distributor in Slovakia and the Czech Republic.

“We started cooperating with Nayax last year and installed hundreds of their POS devices on our vending machines,” Robert Trgina, CEO at ASO Vending, said in the announcement. “We found Nayax a true partner to grow our business and already experience increased revenue with lower operational costs. As a result, we decided to expand the cooperation and will equip most of our vending machines with thousands of their POS devices. We are confident this cooperation will strengthen our position as market leaders and will bring added value to our consumers.”

Oren Tepper, nayax’s chief commercial officer, added in the announcement: “Our partnership with ASO Vending represents Nayax’s unique embedded financing capability, offering our customers a way to boost growth while reducing cost. With Nayax Capital, ASO Vending can purchase thousands of Onyx card readers, without initial cost. As the market leader in Slovakia’s vending industry, ASO Vending recognized Nayax’s unparalleled value proposition comprised of blending our embedded financing offering with the leading unattended payment solution. We are thrilled to be able to support ASO Vending in its growth journey and strengthen Nayax’s local presence in Slovakia.”