< Back to all clusters
[BUSINESS] · United States, Israel · 2 sources

started · updated

Nayax partners with Allied Electronics for US fuel retail

Nayax Ltd. has announced a distribution partnership with Allied Electronics, Inc. to provide its VPOS Media 5 outdoor payment solution to fuel retailers throughout the United States.

The collaboration aims to address the increasing demand for modern payment infrastructure in the US fuel market. According to the National Association of Convenience Stores (NACS), convenience stores are projected to generate over $450 billion in fuel sales in 2025. Furthermore, card transactions at the pump have risen to 81% of all transactions, up from 64% a decade ago.

Through this partnership, Nayax Fuel will offer a portfolio that includes dispenser payments, forecourt control, and station management. Allied Electronics, which has served the retail petroleum industry since 1978, will integrate these technologies alongside its existing systems, such as the NeXGen PRIME forecourt controller.

Entities

Allied Electronics, Inc. · National Association of Convenience Stores · Nayax Ltd.