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Nayax Holds Hardware Prices Steady to Support Its U.S. Customers Despite New U.S. Tariffs
Nayax .Nayax .(US:NYAX) Newsfilterยท2025-04-04 11:00

Core Viewpoint - Nayax Ltd. will maintain current hardware pricing for U.S. customers despite new tariffs on imports, demonstrating its commitment to customer growth and operational excellence [1][2][3] Group 1: Company Strategy - Nayax has implemented strategic measures over the years to enhance supply chain resilience, including optimizing logistics and strengthening supplier relationships [2] - The company serves over 95,000 customers by providing advanced automated self-service payment technology at competitive prices, enabling efficient operations in a rapidly evolving payments landscape [3] Group 2: Market Context - The U.S. administration announced tariffs on imports from most countries, including the Philippines and Israel, where Nayax's hardware is primarily assembled [2] - Nayax's CEO emphasized the company's goal of facilitating a seamless transition from cash to cashless payments, asserting control over pricing despite external market changes [4] Group 3: Company Overview - Nayax is a global commerce enablement and payments platform that offers a complete solution for cashless payment acceptance, management, and loyalty tools, aimed at helping merchants scale their business [4] - As of December 31, 2024, Nayax operates 11 global offices, employs approximately 1,100 staff, and has connections to over 80 merchant acquirers and payment method integrations [4]