Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement
payments and loyalty platform designed to help merchants scale
their business, and A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)(FRA -
WKN:A3CSQ), a global leader in innovative technology solutions,
today announced a strategic partnership to pair Nayax’s convenient
automated self-service retail mobile payment system with A2Z
Cust2Mate’s innovative smart cart platform for smart retail stores.
Nayax and A2Z Cust2Mate will allow customers to
complete their entire shopping journey from the comfort of their
smart cart, with no need to waste time in long checkout lines.
A2Z’s Cust2Mate 3.0 can transform any shopping cart into a powerful
shopping platform, integrating a sleek touchscreen panel, with
computer vision and a powerful algorithm to provide an effective,
interactive, and personalized shopping experience. Incorporating
Nayax’s innovative on-cart comprehensive hardware and software
payment solution, A2Z Cust2Mate 3.0 will allow customers to simply
“pick-and-go”, providing a more convenient shopping experience.
Nayax and A2Z Cust2Mate will collaborate to sell
the Cust2Mate 3.0 smart cart system with integrated Nayax payment
technology as a unified, end-to-end solution for retailers around
the world. The first smart carts with Nayax’s payment solution will
be deployed in France, with the goal to deploy tens of thousands of
payment enabled smart carts globally.
“Relocating the point of sale from the checkout
lane to the shopping cart is an ingenious way to improve a
retailer’s operational efficiency and the shopper’s experience,”
says Yair Nechmad, CEO and Chairman of Nayax. “Nayax is thrilled to
partner with A2Z Cust2Mate to offer an integrated, state-of-the-art
shopping and payment solution for retailers and their
customers.”
“This partnership expands our sales reach and
strengthens our presence in the retail market,” commented Gadi
Graus, CEO of A2Z Cust2Mate. “By integrating Nayax’s seamless
payment solution with our smart carts, we’ve created a
game-changing innovation that boosts retailer revenue, cuts
operational costs, and enhances the shopping experience.”
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. As a global leader in
serving unattended retail, Nayax has transformed into a
comprehensive solution focused on our customers' growth across
multiple channels. As of June 30, 2024, Nayax has 11 global
offices, approximately 1,100 employees, connections to more than 80
merchant acquirers and payment method integrations, and is globally
recognized as a payment facilitator. Nayax's mission is to improve
its customers' revenue potential and operational efficiency. For
more information, please visit www.nayax.com.
About A2Z Cust2mate Solutions
Corp.
A2Z Cust2Mate Solutions Corp. creates innovative
solutions for complex challenges. A2Z's flagship product is the
world's first proven-in-use mobile self-checkout shopping cart.
With its user-friendly smart algorithm, touch screen, and other
technologies, Cust2Mate streamlines the retail shopping experience
by scanning purchased products and enabling in-cart payment so that
customers can simply "pick & go", and bypass long cashier
checkout lines. This results in a more efficient shopping
experience for customers, less unused shelf-space and manpower
requirements, and advanced command and control capabilities for
store managers.
For more information on A2Z Cust2mate Solutions Corp. (NASDAQ:
AZ) ($AZ)(FRA - WKN:A3CSQ) and its subsidiary, Cust2mate Ltd.,
please visit https://cust2mate.com/.
Nayax 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 February 28, 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.
A2Z Cust2mate Forward-looking
Statements
Matters discussed in this press release may
contain forward-looking statements that are subject to substantial
risks and uncertainties. Forward-looking statements contained in
this press release may be identified by the use of words such as
"anticipate," "believe," "contemplate," "could," "estimate,"
"expect," "intend," "seek," "may," "might," "plan," "potential,"
"predict," "project," "target," "aim," "should," "will" "would," or
the negative of these words or other similar expressions, although
not all forward-looking statements contain these words.
Forward-looking statements are based on the Company's current
expectations and are subject to inherent uncertainties, risks and
assumptions that are difficult to predict. Further, certain
forward-looking statements are based on assumptions as to future
events that may not prove to be accurate. These and other risks and
uncertainties are described more fully in the Company's filings
with the on SEDAR and with the Securities and Exchange Commission.
Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the
forward-looking statements contained herein. Forward-looking
statements contained in this announcement are made as of this date,
and the company disclaims any intention or obligation, except to
the extent required by law, to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. This press release does not constitute an offer to
sell or a solicitation of an offer to sell any of the securities
described herein.
|
For Nayax |
For A2Z Cust2mate |
Company Contact Information: |
Scott GammStrategy Voice
AssociatesScott@strategyvoiceassociates.com |
Gadi Graus, CEOGadi.g@a2zas.com+972-73-3700544 |
Investor Contacts: |
Aaron GreenbergChief Strategy
OfficerAarong@nayax.com |
Brett Maas, Managing Principal, Hayden IR, LLCbrett@haydenir.com
(646) 536-7331 |
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/7bce3e36-42ba-4ca9-ad22-429b4ddc78d4
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