Nayax Ltd., a commerce enablement and payments platform designed to help merchants scale their business, has launched Nayax Capital, a financing solution for operators looking to purchase a VPOS Touch card reader or Nova Market self-service kiosk to scale their unattended retail operations.

Nayax customers can now check out on Nayax's e-commerce shop and receive VPOS Touch or Nova Market solutions using one of Nayax Capital's financing plans, customized for each buyer. Customers will fully own their devices from the start, and will pay for them with 0% APR, no payment schedule, no late penalty, as well as no hidden or additional fees. Nayax customers will make repayments for the devices either via a monthly payment or via a percentage of their sales which will be deducted every billing cycle until the device is fully paid.

Nayax Capital's main financing model is "pay-as-you-grow," meaning customers will only pay for the device if they are earning money from sales.

Nayax Capital is a joint venture between Nayax and Bank Hapoalim, a bank in Israel, and Alon Feit, formerly the founder of Splitit.

Copyright © 2023 Networld Media. All rights reserved., source Industry News