Tie-up aims to expand UAE’s unattended self-service retail segment.
UAE-based payment solutions provider Network International has tied up with fintech company Nayax to introduce an unattended self-service solution to its UAE merchants.
Through the collaboration, Network and Nayax will enable seamless payment transactions at unattended self-service payment kiosks, allowing customers to simply select their desired product or service and pay using their preferred mode of debit or credit card.
Founded in 2005 and headquartered in Israel, Nayax is a platform provider for retailers around the globe, offering a complete platform to manage their operation, accept payments, and offer loyalty programs to increase the number of returning consumers and increase their purchases. The Nayax solution can be used across business segments including vending machines, kiddie rides, car meters, amusement rides, and any type of smart machine or kiosk.
Commenting on the collaboration, Andrew Key, Group Managing Director at Acquiring, Network International, said in a statement, “We are delighted to partner with Nayax to bring their best-in-class unattended self-service payment solution to the UAE market. Our integration further helps us strengthen our product proposition to our merchant partners through the introduction of a convenient new digital payment method.”
He added, “We see that consumers are increasingly gravitating towards new digital modes of payment and as a leading digital payments company, we are always looking to collaborate to bring to the market the latest technological innovations to support businesses and customer needs.”
Omri Peled, Regional Manager of Nayax in Asia, added, “We have been looking to expand our services into the Middle East for quite some time, and this great partnership will allow us to offer our platform to local retailers in the UAE as well as other countries in the MEA region. Our goal has always been to increase retailers’ bottom line and we will work with Network International to make sure we offer the most advanced, best-in-class solution, one that will help retailers grow for years to come.”