Nayax and Autel Energy Partner to Deliver Embedded Payment Solutions for EV Charging Infrastructure

Nayax has partnered with Autel Energy, a leading provider of electric vehicle charging technology, to offer embedded payment solutions for Autel's 100,000 EV chargers set for deployment across North America and Europe by 2026. Nayax's flexible payment infrastructure will enable faster deployment for operators and a more convenient payment experience for end-consumers. The partnership aims to address rising global demand for seamless, scalable charging infrastructure.

Nayax Ltd. (Nasdaq: NYAX) has announced a strategic partnership with Autel Energy to integrate Nayax's payment solutions into an estimated 100,000 EV chargers planned for deployment across North America and Europe by the end of 2026. The partnership aims to streamline charging operations and enhance payment convenience for EV drivers.

Under the agreement, Autel, a leading EVSE provider operating in 35 major markets across North America and Europe, will integrate Nayax's payment solutions into its EV chargers. This move follows Autel's 53% year-over-year revenue growth in its charging business for 2024, indicating a strong market position and growth potential.

The partnership is significant for Nayax as it secures 100,000 EV charger integrations by 2026, creating a substantial new revenue channel. The embedded approach eliminates the need for retrofitting payment systems, creating operational efficiencies for charging station operators.

The partnership is particularly valuable as it positions Nayax to capture a percentage of every charging transaction processed through its payment infrastructure. With EV adoption accelerating globally, the transaction volume through these 100,000 chargers should grow substantially over time.

The agreement demonstrates Nayax's ability to secure enterprise-scale partnerships in high-growth markets. By establishing its technology within Autel's manufacturing infrastructure, Nayax creates a scalable growth channel tied directly to EV infrastructure expansion.

References:
[1] https://www.stocktitan.net/news/NYAX/nayax-announces-strategic-partnership-with-leading-global-evse-ndwk7vt8grrj.html