Nuvei and Nayax are joining forces to upgrade
unattended payments terminals for electric vehicle charging points
across North America
MONTREAL, QC, Nov. 16,
2023 /CNW/ -- Nuvei Corporation ("Nuvei" or the
"Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech
company, announces today that it is providing payment solutions to
Nayax (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement
payments and loyalty platform designed to help merchants scale
their business and specializing in cashless payments solutions and
unattended payment terminals. Together, Nuvei and Nayax are
enabling Circle K and Couche-Tard, two leading gas station and
convenience store brands, to accept cashless payments at their
thousands of electric vehicle (EV) charging points in Canada. This will enable a seamless customer
experience, ensuring EV drivers can utilize the same cashless
payment methods they currently use when making purchases at
existing gas stations.
Nayax's EV embedded payment system enables Circle K and
Couche-Tard customers to pay via multiple forms of cashless and
contactless payments, including credit, debit, and prepaid cards.
Transactions via Nayax's unattended payment terminals are processed
by Nuvei to optimize payments acceptance and streamline user
experience.
Couche-Tard is a global leader in convenience and mobility,
operating in 25 countries and territories, with more than 14,400
stores, of which approximately 10,800 offer road transportation
fuel. With its recognized Couche-Tard and Circle K banners, it is
one of the largest independent convenience store operators in
the United States and a leader in
the convenience store industry and road transportation fuel retail
in Canada. Flagship brand
Couche-Tard has over 600 locations in Quebec, Canada. Circle K gas stations and
convenience stores are in 24 countries around the globe.
Philip Fayer, Nuvei Chair and CEO
commented on the announcement: "We're thrilled to partner with
Nayax to bring an industry-leading payments solution to the EV
charging market, and to launch our solution with two of the most
recognizable gas station and convenience store brands in
North America. We expect the
growth of electric vehicles to continue to accelerate in the coming
years, and we're excited about the solution we're providing to
upgrade the EV charging experience for consumers."
Yair Nechmad, Nayax Chief
Executive Officer added: "Electric Vehicle charging is one of the
fastest growing use cases in unattended payment terminal solutions.
As an established payments solution provider for large players in
the EV charging sector, we are pleased to stand alongside Nuvei,
and provide our solution to the Alimentation Couche-Tard
Group."
Alimentation Couche-Tard Operations Lead, Stephane Drapeau-Bouchard, commented: "We're
bullish about the future of EV and the role charging points will
play in growing and futureproofing our brands. Consumers want to
pay at the charging points as conveniently as possible, so being
able to offer best-in-class payment options will enable us to stay
ahead of the competition as we grow our EV charging point offering,
which is why we are excited about this partnership with Nuvei and
Nayax."
About Nuvei
Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company
accelerating the business of clients around the world. Nuvei's
modular, flexible and scalable technology allows leading companies
to accept next-gen payments, offer all payout options and benefit
from card issuing, banking, risk and fraud management
services. Connecting businesses to their customers in more than 200
markets, with local acquiring in 47+ markets, 150 currencies and
669 alternative payment methods, Nuvei provides the technology and
insights for customers and partners to succeed locally and globally
with one integration.
For more information, visit www.nuvei.com
About Nayax
Nayax is a global commerce enablement, payments and loyalty
platform designed to help merchants increase their revenue while
decreasing their operational cost. Nayax offers a complete solution
including localized cashless payment acceptance, management suite,
and consumer engagement 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
About Alimentation Couche-Tard Inc.
Couche-Tard is a global leader in convenience and mobility,
operating in 25 countries and territories, with more than 14,400
stores, of which approximately 10,800 offer road transportation
fuel. With its well-known Couche-Tard and Circle K banners, it is
one of the largest independent convenience store operators in
the United States and it is a
leader in the convenience store industry and road transportation
fuel retail in Canada,
Scandinavia, the Baltics, as well as in Ireland. It also has an important presence in
Poland and Hong Kong Special
Administrative Region of the People's
Republic of China. Approximately 128,000 people are employed
throughout its network.
Contact:
Nuvei Public Relations
alexandra.bucur@nuvei.com
Nuvei Investor Relations
IR@nuvei.com
Nayax Investor Relations Contact:
Virginea Stuart Gibson
Vice President, Investor Relations
virgineas@nayax.com
Nayax Public Relations Contact:
Courtney Tolbert
5W PR
ctolbert@5wpr.com
NVEI-IR
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SOURCE Nuvei