Nayax Names Glenn Butler General Manager

TEL AVIV, Israel -- Vending tech expert Glenn Butler has joined Nayax North America as general manager. He will lead the cashless payments company in the U.S. and Canada.

Butler, just out of college, cofounded Streamware in 1991 and later became president of Cantaloupe Systems and vice-president and chief technology officer of Crane Merchandising Systems. He is also a founder of VendScreen.

He has been involved in the National Automatic Merchandising Association's standards initiatives, including coauthoring its Vending Data Interchange (VDI) DEX specification. He also serves as an advisor and board member to several technology startups.

His consulting company, CTO Services, has executed several integration projects for clients within the vending industry and he has been involved in many M2M, IoT and Bluetooth Low Energy and mobile projects outside of vending.

Nayax's cashless payment solution includes telemetry, payment processing and a remote monitoring and management system. Established in 2005 in Israel, it has more than 100,000 devices installed in vending machines in more than 40 countries, processing 26 currencies. Its devices are already certified around the world to process card transactions, including Interac in Canada. They also are EMV compliant.

"This is best-in-class hardware that is already ready for all types of payment," Butler said. "You can pay with your card, including chip cards, which are becoming the standard at all the major retailers across the U.S., as well as with your mobile phone, with Apple Pay, Android Wallet or Nayax's own Monyx wallet app."

In April 2014, Nayax, acquired InOne, which provides cashless payment systems, management software and replacement controller boards for vending machines.