Nayax Partners With Vending And Catering Solution Provider Paycult

NayaxNayax has teamed with Paycult, a technology solution provider and manufacturer for vending and catering needs at institutes such as universities, hospitals and corporations in Germany and Austria.

The agreement provides Nayax access to large organizations implementing Paycult’s products and solutions. Nayax’s cashless payment solution can be part of Paycult’s offerings and delivered as an integrated product.

In addition to accepting payments with prepaid cards, Nayax will expand payment possibilities in these institutions by allowing users to pay with open payment methods, such as swipe, swipeless or via NFC, for the use of credit cards or mobile and banking apps such as Apple Pay, Android Pay, Maestro, Twint and more.

Nayax offers strong support for prepaid cards in closed environments:

⦁ operators and facility managers can easily upload an entire batch of cards to the server.

⦁ to reduce operational costs and set-up time, the creation and upload of cards to the system can be upon the first transaction.

⦁ users can easily reload their cards, either directly at the unattended machine with cash or credit card, uploading their card to Nayax’s MonyxWallet app or at a white-labeled website offered by Nayax.

⦁ provide discounts and special pricing to consumers, per date/time/function.

“With Nayax, we can offer our customers a better purchasing experience, opening the closed environment to new payment methods,” said Norbert Schreiert, Paycult CEO. “This increases the potential for increased revenue and happier consumers.”

paycult“Paycult is a force in the catering and vending industry in the German market, and this partnership opens many opportunities for working with institutes,” said Klaus Eilers, country manager, Nayax Germany.

“Providing Nayax’s cashless payment solution to closed environments allows institutes to generate additional sales, strengthen their brand vis-à-vis consumers, all while increasing consumer satisfaction.”

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