Nayax Announces Nayax Energy
12 Décembre 2023 - 1:30PM
Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce
enablement, payments and loyalty platform designed to help
merchants scale their business, today announced that EV Meter, its
electric vehicle charging subsidiary, has been rebranded and will
now be known as Nayax Energy. This change represents a strategic
evolution that aligns with Nayax's commitment to its partners and
customers to simplify payments and energy management, and to
maximize loyalty for the electric energy industry.
Before this change, EV Meter mainly focused on
energy and charging station management and hardware (AC Level 2
charging stations), while Nayax was mainly focused on card present
payments for charging stations. The Nayax Energy line of business
will combine all these offerings under one business and sales will
be executed by Nayax sales representatives.
"We believe that this change will enable us to
better focus on our customers' needs in terms of our product
offering and support," says Omer Bubis, General Manager of Nayax
Energy. "It's important to note that while our name is changing,
our core values and dedication to excellence and the quality of our
products and services remain unwavering."
Nayax Energy is looking ahead to 2030, when,
according to the International Energy Agency, 230 million EVs are
expected to be on the road, and over 250 million charging stations
will be needed to address this growth. This rapidly expanding
market offers an opportunity for Nayax Energy to achieve its
mission of simplifying payments and energy management to maximize
loyalty for the energy industry.
In 2030, energy will need to be intelligently
managed using bidirectional dynamic tariffs wrapped in loyalty
programs and AI to provide EV drivers with a seamless experience
when they consume energy. Nayax Energy’s unique offering, which
includes global payment solutions for any local market, white label
energy management, a driver app, hardware agnostic solutions,
loyalty and marketing capabilities, and support of common industry
protocols. This places Nayax Energy in an excellent position to
address these needs and alignment of the company's vision with
these goals will help achieve this seamlessness.
Forward-Looking Statements
This press release contains statements that
constitute forward-looking statements. Many of the forward-looking
statements contained in this press release can be identified by the
use of forward-looking words such as “anticipate,” “believe,”
“could,” “expect,” “should,” “plan,” “intend,” “estimate” and
“potential,” among others. Forward-looking statements include, but
are not limited to, statements regarding our intent, belief or
current expectations. Forward-looking statements are based on our
management’s beliefs and assumptions and on information currently
available to our management. Such statements are subject to risks
and uncertainties, and actual results may differ materially from
those expressed or implied in the forward-looking statements due to
various factors, including, but not limited to: our expectations
regarding general market conditions, including as a result of the
COVID 19 pandemic and other global economic trends; changes in
consumer tastes and preferences; fluctuations in inflation,
interest rate and exchange rates in the global economic
environment; the availability of qualified personnel and the
ability to retain such personnel; changes in commodity costs,
labor, distribution and other operating costs; our ability to
implement our growth strategy; changes in government regulation and
tax matters; other factors that may affect our financial condition,
liquidity and results of operations; general economic, political,
demographic and business conditions in Israel, including the
ongoing war in Israel that began on October 7, 2023 and global
perspectives regarding that conflict; the success of operating
initiatives, including advertising and promotional efforts and new
product and concept development by us and our competitors; Moshe
Shmaryahu's success as the Company's new Chief Information Officer;
and other risk factors discussed under “Risk Factors” in our annual
report on Form 20-F filed with the SEC on March 1, 2023 (our
"Annual Report"). The preceding list is not intended to be an
exhaustive list of all of our forward-looking statements. The
forward-looking statements are based on our beliefs, assumptions
and expectations of future performance, taking into account the
information currently available to us. These statements are only
estimates based upon our current expectations and projections about
future events. There are important factors that could cause our
actual results, levels of activity, performance or achievements to
differ materially from the results, levels of activity, performance
or achievements expressed or implied by the forward-looking
statements. In particular, you should consider the risks provided
under “Risk Factors” in our Annual Report. You should not rely upon
forward-looking statements as predictions of future events.
Although we believe that the expectations reflected in the
forward-looking statements are reasonable, we cannot guarantee that
future results, levels of activity, performance and events and
circumstances reflected in the forward-looking statements will be
achieved or will occur. Each forward-looking statement speaks only
as of the date of the particular statement. Except as required by
law, we undertake no obligation to update publicly any
forward-looking statements for any reason, to conform these
statements to actual results or to changes in our expectations.
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
Public Relations Contact:
Courtney Tolbert5W PRctolbert@5wpr.com
Investor Relations
Contact:Virginea Stuart GibsonVice President, Investor
Relationsvirgineas@nayax.com
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