Telit Enables Nayax To Expand Cashless Payment Solutions To LTE Cat M1 Networks

Posted On: 6/12/2018

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LONDON -- Telit Communications PLC, a London-based global enabler of the Internet of Things, has equipped Nayax for its expansion into LTE Cat M1 networks with its xE910 family of cellular IoT modules.
                                                                                                                                            
Nayax, an Israel-based global leader of cashless payment solutions has integrated the compact ME910 cellular IoT module into its VPOS Touch solution, providing vending machine operators with wireless cashless payment services.
 
As a solution installed in each vending machine, Nayax accepts all forms of credit, debit, prepaid and postpaid cards, mobile payment apps and QR code scans and can be used in contact, swipe and contactless transactions.
 
Nayax's platform provides a complete solution for cashless payments, telemetry, management suite and consumer engagement tools, designed to improve productivity and increase sales for operators.
 
Nayax has been using Telit's modules and connectivity services for the past four years, moving from 2G modems to the 3G UE910 module in Europe and the 4G Cat1 LE910 module in the U.S. The ME910 allowed Nayax to swiftly migrate from 3G to 4G LTE Cat M1 networks.
 
The ME910 module is a member of Telit's xE910 family and can easily be applied as a pin-to-pin replacement for existing devices based on modules for 2G, 3G and LTE Categories 1, 3 and 4.  The longevity of the LTE Cat M1 standard and extensive feature set make the ME910 an ideal solution for new and existing applications such as connected sensors and meters.
 
"The deployment of ME910 under 4G Cat M1 networks allows a longer effective lifetime for battery-powered devices, and relatively low costs for powering, connecting, and maintaining devices, making mass deployment and management possible," said Telit senior vice-president of sales Tomer Lavie, Sr. "Industries that demand lower costs, security and extended product lifecycles now have more options with the Telit ME910 in addition to certified LTE IoT cellular Cat M1 and NB1 modules."