Nayax Expands Brazil Reach with UPPay
Hey Payments Fanatic!
Nayax is expanding in Brazil with the acquisition of UPPay for $5.3 million. Specializing in payment and telemetry solutions for unattended retail, UPPay will now integrate with VMtecnologia, which Nayax acquired last May for $27 million. The goal is to expand operations and enhance services across LATAM.
Nayax says UPPay will now “integrate operationally with VMtecnologia, consolidating both companies’ sales, distributional, and technical expertise to catalyze innovation.”
The deal brings more than 30,000 connected machines and 10 million monthly transactions into Nayax’s network, reinforcing its position in the self-service market. With the added reach, the company expects to support over 25,000 additional unattended points of sale in Brazil.
Operating in over 120 countries and serving 91,000 merchants, Nayax continues to grow its global footprint. As LATAM’s self-service market develops, this acquisition adds to its efforts in the region.
If you’re interested in reading more about what’s been happening in Payments, keep scrolling!
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INSIGHTS
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GOLDEN NUGGET
Welcome to ?????? ???????????????? ?????????????? by Checkout.com — Episode 4 ??
Topic #4: ???????? ???? ?? ?????????????? ???????????
? A Payment Vault (also referred to as a Token Vault) is a secure digital repository that stores sensitive payment credentials, such as Primary Account Numbers (#PANs) and cardholder details. Instead of merchants handling and storing this sensitive information themselves, a vault service provider securely stores it, ensuring compliance with industry regulations such as PCI DSS (Payment Card Industry Data Security Standard).
By using a Payment Vault, businesses reduce their exposure to fraud risks and regulatory burdens, allowing them to focus on delivering seamless customer payment experiences.
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Instead of directly handling and storing customers' Primary Account Numbers (PANs), businesses can integrate with a Payment Vault to securely store and access tokenized payment credentials.
How it works ??
1?? Payment details captured — The customer's PAN is collected via payment gateway integration or a standalone API endpoint.
2?? Tokenization process — The Payment Vault generates a Token (a secure, tokenized version of the PAN) and stores it in the vault, each with a unique ID.
3?? Token replaces PAN in transactions — Instead of using the raw PAN, the assigned token is used to process payments, enhancing security.
4?? Automated updates for expired cards — The Real-Time Account Updater feature ensures stored credentials remain valid, reducing payment failures.
5?? Transaction completes as usual — The remaining payment flow continues through the acquiring bank and card networks.
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? Regulatory Compliance — Merchants avoid handling raw payment credentials, reducing their PCI DSS compliance burden.
? Fraud Prevention — Storing tokenized data instead of actual PANs limits the risk of sensitive data breaches.
? Seamless Customer Experience — Vaulted credentials enable one-click checkouts, subscription payments, and faster transactions.
? Improved Payment Performance — Features like the Real-Time Account Updater prevent transaction failures due to expired or lost cards.
? Multi-PSP Support — Vaulted credentials can be used across multiple Payment Service Providers (PSPs), giving merchants more flexibility in payment processing.
?????? ???????????????? ?????????????????????? ???? Matteo Gamba
"For merchants, a Payment Vault isn’t just about security—it’s about unlocking new opportunities in payments. With vaulted payment credentials, we can streamline customer journeys, reduce friction at checkout, and build more flexible, resilient payment infrastructures that scale globally."
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14 小时前The payments space moves fast and partnerships like these keep pushing boundaries every day.