These collaborations will provide charging station operators with a single central payment solution, thereby creating uniformity in the customer experience at public charging stations.
Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement payments and loyalty platform designed to help merchants scale their business, today announced two new collaborations with leading energy companies in Israel – Tadiran and the Grivo app. In order to help promote a green energy future in Israel, Nayax developed a charging station management and energy management system (CSMS) based on the OCPI and OCPP protocols, well-known global standards, which, along with its advanced payment solutions, allowscharging network operators to provide charging services worldwide.
As part of the collaboration with Grivo, a leading digital platform provider for charging services (EMSP), charging station operators who manage their network through Nayax’s system will be able to operate their stations via Grivo and gain exposure to approximately 50,000 electric vehicle drivers in Israel using the Grivo app.
The agreement with Tadiran New Energy, which has hundreds of public and private charging stations nationwide, will provide a credit card payment solution for Tadiran’s charging stations. Nayax’s cloud-based technological solution eliminates the need for integration with the charging station manufacturer, making it easy to add a credit card reader terminal to any charging station. Moreover, a single credit card terminal can serve multiple charging stations located in proximity, similar to payment in a parking lot through a payment station.
The electric vehicle revolution is gaining momentum. From the beginning of the year until the end of June, nearly 40,000 new electric cars were delivered in Israel from 45 different electric brands, accounting for approximately 25.3% of all electric vehicles sold during this period (according to the Association of Vehicle Importers). Despite having around 130,000 electric vehicles in Israel, there are still significant challenges in the industry. One of the main issues is the lack of uniformity and accessibility in using public charging stations, stemming from the requirement to use a different dedicated app for each charging station operator. Nayax provides a solution that allows a uniform payment method for charging station providers without needing to download a different app each time.
Omer Bubis, CEO of Nayax Energy, said, “Israel is a powerhouse of innovation and technology, but in the realms of electric vehicle charging, particularly regarding user experience and payment for charging, there is still a long way to go to reach the global standard. Our new partnerships with Tadiran and Grivo are another major step in realizing our strategy to help various players, both local and global, provide drivers with the best experience and make all services related to vehicle charging accessible to them. Electric charging must be convenient, available, and simple, and we are committed and dedicated to realizing this vision in Israel as well.”
The Energy Division at Nayax offers a range of products and solutions, including point-of-sale (POS) systems and software used by electric vehicle charging station operators worldwide. Given the need for widespread charging station deployment on the one hand and ease of installation and operation on the other, Nayax expects to see more and more small companies owning public charging stations alongside major players. Therefore, developing a uniform central payment method is of utmost importance, so customers are not required to operate through numerous different operator apps.
About Nayax
Nayax is a global commerce enablement, payments and loyalty platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, management suite, and loyalty tools, enabling merchants to conduct commerce anywhere, at any time. With foundations and global leadership in serving unattended retail, Nayax has transformed into a comprehensive solution focused on our customers’ growth across multiple channels. Today, Nayax has 9 global offices, approximately 800 employees, connections to more than 80 merchant acquirers and payment method integrations and is a recognized payment facilitator worldwide. Nayax’s mission is to improve our customers’ revenue potential and operational efficiency. For more information, please visit www.nayax.com.
