SECO and Nayax announce plans for partnership to offer IoT-integrated payment solutions for OEMs
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Nayax, a global commerce enablement and payments platform designed to help merchants scale their business by simplifying payments and maximising loyalty, and SECO, a provider of end-to-end technological solutions for industrial digitalisation, has announced the execution of a Memorandum of Understanding, (MoU).
The partnership aims to integrate Nayax-powered payments into SECO products, starting with a smart screen for next-generation vending machines, micro markets and self-service retail.
Together, Nayax and SECO plan to deliver comprehensive, fully integrated Internet of Things (IoT) solutions which combine seamless and secure payments with remote machine management and AI-driven business intelligence for any enterprise with automated self-service points of sale. Original Equipment Manufacturers (OEMs) will gain access to differentiated, cost optimised hardware which contains a combination of SECO’s IoT capabilities and Nayax’s versatile payment platform.
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 securely collects, analyses, and manages connected device data in real time to enable intelligent automation and cross-functional business insights. Together, Nayax and SECO will offer an unbeatable joint value proposition of lower operational costs, advanced telematics and flexible integrated payments, built for easy integration by OEMs across their product lineups.
“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 acclerate broader adoption of our embedded payment platform,” said Oren Tepper, the chief commercial officer of Nayax. “We’re proud to work with SECO to offer game-changing, fully embedded payment solutions which unify telematics, analytics and frictionless transactions under one umbrella.”
“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,” said Fausto Di Segni, the head of IoT and AI Europe at SECO. “We will unite robust IoT management, engaging displays and embedded payments to streamline deployment and cut costs for OEMs and their end-customers.”
Nayax invites OEMs to visit SECO at booth 320 (hall 1) at the Embedded World Trade Show in Nuremberg from March 11-13 2025 to learn how Nayax and SECO’s full suite of solutions can transform business operations and provide a competitive edge.
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