What is Nayax vending 26 Hunt Valley?

Nayax is a payment provider for vending and other unattended machines, which means we clear cashless payment transactions on behalf of our operators. Any purchase made at a machine with a Nayax cashless payment device will appear on your credit card statement as a Nayax charge.

Who is Nayax vending?

Nayax Ltd. is a global fintech company which sells cashless, telemetry, management, monitoring and business intelligence (BI) products for the vending and unattended retail industries.

How much does Nayax charge per transaction?

5.95% Transaction fee (blended rate – recommended for vend value of $5 or less) 2.5% + 10 cents per transaction (recommended for vend value over $5)

How do I get my money from Nayax?

How will I get my money? The funds will be transfered at the end of each payment term – weekly to your chosen (in the contract) bank account. Nayax helps you reconcile your funds by machine.

What is Nayax used for?

Nayax has the leading cashless payment and management solutions for unattended retail machine industries, such as vending, car wash, laundromats, FECs, kiddie rides, kiosks, OCS and more!

Does Nayax need WiFi?

Nayax devices maintain continuous connection thanks to their ability to switch between communication channels, including GSM, GPRS, CDMA, ethernet, and WiFi, depending on which has the strongest connection.

Is Nayax an American company?

Nayax LLC, an Israeli technology company that specializes in providing credit card payment systems for vending machines, has opened a new U.S. headquarters in Hunt Valley.

How much does Parlevel cost?

You will have to sign a contract with Parlevel for 36 months during which time your monthly fees will be approximately between $160-360. The total will be 5% of your monthly sales with a $360 maximum.

How much does it cost to put a card reader on a vending machine?

Fees. 365 Retail Markets/ AirVend charges the vendor a monthly service fee of $14.95 per device plus a transaction fee percentage determined by the average purchase amount – typically around 5.95%. Fees may vary so it is always best to confirm with the actual company.

Do you need WiFi for Nayax?

What is cashless payment?

A cashless payment eliminates the usage of money as a medium of exchange for goods and services by allowing electronic transfer payments or non-electronic payment via cheques. Adopting cashless payment has numerous advantages.

What is cashless payment system?

Put simply, cashless payments are any type of payment that is made without using cash. Bank transfers, credit card payments, mobile payments and digital wallets are all cashless payments. The customer doesn’t need to have any cash on them to complete the purchase.