Nayax Ltd. and Seco S.p.A. have agreed to collaborate to integrate Nayax-powered payments directly into Seco products. Aiming for a long-term strategic partnership, the companies plan to first develop a payment-enabled smart screen designed as an all-in-one solution for the next generation of intelligent vending machines, micro markets, smart coolers and automated self-service retail machines.
Together, the companies plan to develop comprehensive, integrated IoT solutions that combine seamless, secure payments with remote machine management and AI-driven business intelligence for businesses with automated self-service points of sale. Embedding Nayax’s payment infrastructure within Seco’s products will also empower businesses to manage their payment flows and automated self-service points of sale through Clea, Seco’s end-to-end IoT-AI software platform that collects, analyzes and manages connected device data in real-time.
“Our partnership with Seco propels Nayax toward new frontiers in automated self-service retail, harnessing Seco’s extensive OEM network to extend our commercial reach into high demand markets worldwide and accelerate broader adoption of our embedded payment platform,” said Oren Tepper, COO of Nayax, in a release.
Fausto Di Segni, head of IoT and AI Europe at Seco, said in a release that the move will allow the company to deliver “exceptional value for our OEM customers across key verticals like vending, coffee, and electric vehicle supply equipment. We will unite robust IoT management, engaging displays, and embedded payments to streamline deployment and cut costs for OEMs and their end-customers.”
