Nayax Forms Entity To Provide Remittance Services

Nayax, a provider of cashless payment solutions and management platforms for unattended retail, has received a Payment Institution (PI) license from the Bank of Lithuania. With the changes in license, Nayax will continue to provide money remittance services to customers in the EEA (European Economic Area) zone.

Nayax Europe UAB, a new entity in the European Market, will offer its services directly to more than 23 million enterprises across the entire EEA zone. Nayax Europe adheres to full GDPR and PSD2 compliancy.

Nayax’s certifications include EMV level 1 + 2, PCI, to ensure satisfaction and trust to all its customers.

Nayax’s solution includes cashless payment devices and management systems for unattended retail industries, including OCS, vending, photo booths, self-serve kiosks, kiddie rides, laundromats and more.

The company develops proprietary software and hardware, which includes POS card readers, machine and inventory management, complete reporting suite and consumer engagement tools.

Nayax’s open platform and APIs allow for easy integration with other companies’ solutions and ERP software. The devices are installed in more than 65 countries and accept 26 currencies.

For more information visit https://www.nayax.com/

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