Nayax’s latest cashless payment and telemetry device introduces cash acceptance

Global fintech company Nayax has launched its latest payment device at the NAMA Show in Las Vegas, the VPOS Fusion.

In addition to the cashless payment capabilities for which Nayax is known, VPOS Fusion sees cash acceptance capabilities added via third party bill validators, offering consumers a cash payment option.

The bill validator support will be provided by technology providers ICT, Pyramid Technologies, and Innovative Technology.

With the introduction of VPOS Fusion, Nayax operators give everyone the option of a wide array of payment methods. The choices include credit and debit cards, mobile app payments, QR codes, prepaid cards, Nayax’s own payment app, Monyx Wallet, and now cash.

In addition, the VPOS Fusion features a colour touchscreen and voice interaction.

Operators of unattended machines gain access to telemetry and consumer engagement promotions, remote monitoring and device access, and cash accountability.

With sales reports and real-time machine data, and an extensive alert system, operators are never out of touch with the happenings of their businesses. The Nayax team has also added digital marketing tools for loyalty and repeat sales with its consumer engagement platform and payment app, Monyx Wallet.

Nayax CEO Yair Nechmad says: “Nayax is committed to strengthening unattended machine operators’ business needs and we’re continuously making our offering better. With the VPOS Fusion, we’ve combined cash and cashless payments in one device. We understand that customers approach payments differently and wanted to offer a device that addresses every consumers’ payment preferences. This ensures that no customer will be turned away and no sale opportunity is missed.”