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Nayax, a global commerce enablement and payments platform designed to help merchants scale their business by simplifying payments and maximizing loyalty, and SECO, a leading provider of end-to-end technological solutions for industrial digitalization, have announced the execution of a Memorandum of Understanding (MOU) to establish a long-term strategic partnership.
This collaboration will embed Nayax-powered payments directly within SECO products, beginning with a payment-enabled smart screen designed for next-generation intelligent vending machines, micro markets, smart coolers, and automated self-service retail machines.
Together, Nayax and SECO aim to deliver comprehensive, fully integrated IoT solutions that combine seamless and secure payments with remote machine management and AI-driven business intelligence for enterprises operating automated self-service points of sale. OEMs will benefit from differentiated, cost-optimized hardware that integrates SECO’s industry-leading IoT capabilities and Nayax’s versatile payment platform.
The partnership will enable businesses to manage payment flows and automated self-service points of sale via Clea, SECO’s end-to-end IoT-AI software platform. Clea securely collects, analyzes, and manages connected device data in real-time, providing intelligent automation and cross-functional business insights. The combined solution from Nayax and SECO offers lower operational costs, advanced telematics, and flexible integrated payments for OEMs to incorporate seamlessly across their product lines.
Nayax invites OEMs to visit SECO at booth 320 (hall 1) at the Embedded World Trade Show in Nuremberg from March 11-13 to learn more about how their joint solutions can transform business operations and deliver a competitive edge.
Oren Tepper, Chief Commercial Officer of Nayax
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.
Fausto Di Segni, Head of IoT & AI Europe at SECO
Partnering with Nayax allows SECO to embed a versatile and powerful global payment platform directly into our connected screens and devices, bolstering our competitive position and delivering 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.
Ray Sharma is an Industry Analyst and Editor at The Fast Mode. He has over 15 years of experience in mobile broadband technologies and solutions, conducting research and analysis on various technology segments and producing articles and write-ups on the latest developments within the sector. He is also in charge of social media engagement and industry liaisons.
Follow him on LinkedIn or Facebook. He can be reached at ray.sharma@thefastmode.com
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