Israeli payment solutions provider Nayax has entered the electric vehicle (EV) market with the introduction of its EV CloudPay terminal, designed to streamline payment processes at charging stations. Specializing in cashless payment solutions, Nayax aims to revolutionize the current landscape by offering a versatile terminal that supports over 80 cashless and digital payment methods.
The EV CloudPay terminal eliminates the need for drivers to manage multiple mobile apps or charging cards, addressing a common inconvenience faced by electric car owners. The cloud-based terminal utilizes the global Open Charge Point Interface (OCPI) protocol, enabling it to handle payments across multiple charging stations simultaneously.
Yair Nechmad, CEO and Chairman of Nayax, emphasized the need for efficiency in electric vehicle charging payments: “The current payment infrastructure for charging electric cars is inefficient and cumbersome for both drivers and charging station operators. To accelerate the uptake of electric cars globally, we need to provide drivers with a convenient charging experience, including a seamless and fast way to pay for charging.”
Nayax boasts over seven years of experience collaborating with charging station operators and manufacturers, leveraging its expertise to enhance payment solutions in the EV sector. With nine global offices and approximately 900 employees, the company positions itself as a key player in advancing cashless payment technologies for electric vehicle infrastructure worldwide.
