Category Archives: Technology

No Smartphone, No Internet: PhonePe Takes UPI to India’s Feature Phone Users

New Delhi, Aug 31: Digital payments are moving beyond the smartphone era as PhonePe has introduced UPI 123Pay for feature phones, allowing users to make UPI transactions without requiring mobile internet.

The service is aimed at expanding access to digital payments among India’s large feature-phone user base, particularly people in rural and semi-urban areas where smartphone ownership or reliable internet connectivity may still be limited. PhonePe estimates that the service can reach more than 200 million feature-phone users across the country.

The new platform uses an SMS-based technology architecture, allowing transactions to work even in areas with limited 2G connectivity. Users can transfer money, make payments to merchants and check basic account information without depending on mobile data.

Feature phones equipped with cameras will also support QR-code payments, giving users another convenient option for completing transactions at participating merchants. The service can additionally provide access to account balances and transaction history.

PhonePe has partnered with handset makers including Nokia, HMD, Lava International and Itel Mobile to make the service available on selected feature phones. The company is expected to expand the network of supported devices over time.

To make the platform easier for first-time digital-payment users, PhonePe has also introduced a voice-first, AI-powered support service offering step-by-step assistance in English and 12 Indian languages.

The initiative could have a wider impact on India’s financial inclusion drive by reducing the dependence on smartphones and high-speed internet for everyday payments. It could particularly benefit consumers, small traders and merchants in areas where connectivity remains a challenge.

For the broader digital economy, extending UPI access to feature phones could bring more consumers into formal digital transactions and provide small businesses with additional ways to receive payments.

The move also reflects the continuing evolution of India’s digital-payment ecosystem, where technology is increasingly being adapted to serve users across different devices and connectivity levels.

By taking UPI beyond smartphones, PhonePe’s latest initiative could help narrow the digital divide and bring millions of under-connected users closer to India’s expanding cashless economy.

Food-safe NXD tupH® surface protection from NORD DRIVESYSTEMS

Aug 31: With NXD tupH® from NORD DRIVESYSTEMS, users of hygiene-sensitive applications in food & beverage and primary packaging industries can benefit from the strengths of aluminium drive solutions. The food-safe surface treatment provides aluminium with properties that make the material comparable to stainless steel in terms of hygiene and corrosion resistance.

With NXD tupH®, NORD DRIVESYSTEMS has developed an effective and food-safe surface protection especially for aluminium housings. The respective gear units, smooth motors and decentralised frequency inverters become particularly corrosion-resistant and withstand extensive cleaning procedures in food processing industries over the long term. NXD means “NORD eXtreme Duty”; tupH combines the English terms “tough” and “pH-value”.

Test prove chemical resistance

NXD tupH® combines a special surface treatment with a high-performance sealer. The result is a non-porous surface that can be cleaned hygienically and neither flakes off nor corrodes after numerous cleaning cycles. NXD tupH® has proven its chemical resistance in a long-term test, including the use of Ecolab cleaning agents. NORD drive components with NXD tupH® surfaces are furthermore food-safe in accordance with the requirements of the FDA, EU and Switzerland as well as the MERCOSUR states. They are suitable for food-contact applications in the fields of food & beverage and primary packaging.

Economical alternative to stainless steel drives

With this, NORD provides users with an economical and powerful alternative to stainless steel drives. Drive solutions with aluminium housings are more lightweight and allow for compact design. Since aluminium dissipates heat well, a higher power density and lower surface temperatures can be achieved. With NXD tupH®, aluminium housings now also become chemical-resistant, making the drive solutions durable and increasing the system availability in wash-down applications.

The surface protection from NORD does not require any special design and thus no separate warehousing and installation costs. The manufacturer applies its surface treatment to existing components. This way, it can use the options of its modular products for the drive system design, and supply tailor-made NXD tupH® drive systems completely from a single source.

The food-safe NXD tupH® surface protection makes NORD drive systems with aluminium housings more resistant to cleaning chemicals

NXD tupH®-treated complete solutions from a single source

NXD tupH® is available for all NORD aluminium products with a smooth surface, including the integrated DuoDrive gear unit / motor system, the energy-efficient IE5+ smooth motors as well as NORDBLOC.1® helical in-line gear units and NORDBLOC.1® helical bevel gear units. Furthermore, with NORDAC ON PURE, a decentralised frequency inverter with NXD tupH® surface will be available soon. Solution provider NORD can thus supply complete drive systems with food-safe surface treatment from a single source.

SK Telecom Launches AI Data Center Infrastructure Company ‘SK Horizon’ and Secures Investments from KKR and IMM

SEOUL, Korea, Aug 28 — SK Telecom (NYSE: SKM, hereinafter “SKT”) today announced that it will split its wholly owned subsidiary SK Broadband into a surviving company (SK Broadband) and a newly established company (SK Horizon). In connection with the spinoff, SKT has entered into a definitive agreement with funds managed by KKR, a leading global investment firm, and the IMM Investment-Stonebridge consortium (the “IMM consortium”) for a combined KRW 3.08 trillion equity investment in SK Horizon.

The surviving company will focus on innovation in its fixed-line, media, and enterprise businesses, while the newly established company will aim to expand Korea’s leading AI data center (AIDC) infrastructure. Based on the book value of net assets, the spin-off ratio has been set at 0.8351323 (approximately 0.84) for the surviving company and 0.1648677 (approximately 0.16) for the newly established company.

SK Horizon, whose name reflects its ambition to “open new horizons” in the AIDC sector, will be responsible for expanding its infrastructure to a total capacity of 318 MW, encompassing eight data centers already in operation – Seocho, Ilsan (2 locations), Bundang, Gasan, Centum, Yangju and Pangyo – and new AIDCs currently under construction, including those in Ulsan and Guro. It will also pursue the phased expansion of its submarine cable infrastructure, which is essential for global AI businesses.

SKT plans to strengthen its AIDC operational expertise through SK Horizon and expand into a range of AI infrastructure businesses going forward. In particular, its streamlined decision-making structure is expected to enable the company to more effectively secure funding for key business areas, including through external investment.

Kim Seong-soo, CEO of the surviving company SK Broadband, is expected to concurrently serve as CEO of the new company, SK Horizon. The appointment will be finalized through a resolution of the Board of Directors following the completion of the company’s establishment early next year.

Securing trillion-won-scale investment from KKR and the IMM consortium demonstrates the strength and future potential of the AIDC business

Alongside the spin-off, SKT announced that it has entered into a definitive agreement with funds managed by KKR and the IMM consortium for a combined KRW 3.08 trillion equity investment in SK Horizon. As investors in the newly established company, KKR and the IMM consortium will provide capital to support SK Horizon’s expansion as an AI data center infrastructure platform. Upon completion of all phases of the investment under the transaction, KKR and the IMM consortium will hold 29% and 20% stakes in SK Horizon, respectively, while SKT will retain management control as the largest shareholder with a 51% stake.

KKR is one of the most active infrastructure investors globally, with over USD 100 billion in infrastructure assets under management and more than USD 70 billion invested across digital and power assets. KKR is making this investment primarily from its Asia Pacific infrastructure strategy.

The IMM Investment-Stonebridge Consortium comprises two leading South Korean investment firms, IMM Investment and Stonebridge Capital. IMM Investment, founded in 1999, is a leading South Korean alternative investment firm with over USD 7.5 billion in assets under management across venture capital, growth equity, and infrastructure. Stonebridge Capital, founded in 2008, is a leading South Korean private equity firm with approximately KRW 3.6 trillion (USD 2.5 billion) in cumulative assets under management, investing in market-leading companies in structurally growing sectors.

SKT fully set for AIDC expansion with SK Horizon and SK Hyper

With this governance restructuring, SKT has completed the establishment of a full-scale AIDC business structure together with SK Horizon and SK Hyper, a specialized company established last July.

SKT will oversee the Group’s overall AIDC business, setting business strategies and directions and collaborating with global big tech companies. Building on its expertise and capabilities in data center operations, SK Horizon will be responsible for expanding infrastructure, including existing key AIDCs and submarine cables.

SK Hyper will focus on business development for new AIDC projects, with 5 GW of capacity targeted for phased opening in 2029 and expansion toward a total capacity of 15 GW in 2035.

Meanwhile, the surviving company, SK Broadband, plans to strengthen the competitiveness of its fixed-line, media, and enterprise businesses through AX-driven innovation in products and services, while sustaining solid growth. It also plans to accelerate future growth by actively identifying new business models.

With the aim of completing the spin-off and establishing the new company in the first quarter of next year, the necessary procedures, including an extraordinary general meeting of shareholders and government approvals, will be carried out.

“This governance restructuring is a proactive measure aimed at strengthening expertise and enabling faster execution in the AIDC business,” said Kim Seong-soo, CEO of SK Broadband. “As an AIDC infrastructure company, we will continue to scale up SK Horizon and grow it into Korea’s leading data center operator.”

“We are pleased to support SKT as it establishes SK Horizon and expands its AI data center infrastructure platform in Korea,” said Keith Kim, Partner at KKR. “SK Horizon brings together an established operating platform, capacity under development and a strong strategic partner. Korea’s advanced digital ecosystem and growing demand for AI capacity provide a strong foundation for SK Horizon’s next phase of growth.”

“AI data centers and submarine cables will be among the core infrastructure assets shaping Korea’s digital sovereignty and industrial competitiveness going forward,” said Kim Byung-hun, Head of Infrastructure at IMM Investment. “By investing in SK Horizon on the back of long-term capital from Korea’s leading institutional investors, the IMM Investment-led consortium aims to build a sustainable growth structure that combines the capital strength of our global partner with the stability of domestic capital.”

Aime Unveils Bold New Brand Identity as It Enters Its Next Chapter of Growth

AIME has revealed a new brand identity marking a fresh chapter for Asia Pacific’s largest and longest-running business events trade show as it enters its 34th year. Coming off five consecutive years of growth, AIME has built a global profile as the show that international buyers, exhibitors and industry leaders return to year after year.

The rebrand signals the beginning of a new chapter for AIME, reflecting its growth ambitions and reinforcing the event’s position as one of the premier global business events industry gatherings.

The refreshed look is bolder, brighter and more contemporary, built around the tagline “Bring your ambition to Melbourne. Share it with the world.” At its centre is a new symbol formed from directional shapes that subtly spell out AIME.

The AIME brandmark reflects a modern, forward-thinking event and features a vibrant colour palette, refreshed imagery and motion design. The AIME symbol represents the strength of connection inherent to AIME and draws on Melbourne’s floral emblem, the native Paper Daisy. The flower’s resilience aligns with AIME’s purpose: the global industry coming together to create something stronger.

Melbourne Convention Bureau CEO Julia Swanson says the brand evolution reflects AIME’s growing global standing.

“AIME has been the premier platform where international decision-makers connect and build long-term value in Melbourne. As the owners of AIME, MCB is proud to see the event’s identity evolve. The new brand matches the ambition, energy and personality of the show itself, while underscoring AIME’s role in driving real economic and intellectual growth across the globe.”

Talk2 Media & Events was commissioned to manage AIME in 2019, and CEO Matt Pearce says AIME’s evolution and growth over years have shaped the brief for its new brand.

“Every year, more than 5,000 people gather for AIME. They come from around the world to build relationships, trade ideas and forge the connections that drive the multi-billion-dollar global meetings, conventions and exhibitions industry forward. Then they disperse across the world, carrying what they learned at AIME back into their own markets and their own work.”

AIME Marketing Director Monica Kent-Giles says the refresh moves the brand into a bolder, more contemporary space.

“We wanted an identity that feels modern, elevated and distinctly AIME. All the design elements, from the custom typography and colour palette to the versatile new symbol, give us a sophisticated, expressive visual toolkit. The refresh honours AIME’s heritage while delivering a brand identity that aligns with where the show is heading.”

AIME Event Director Silke Calder says the brand refresh aligns with the show expanding to its largest ever footprint as the domestic and international Hosted Buyer program opens.

“At its core, the team set out to create a new identity that is contemporary and confident, a fresh take on what AIME is. AIME has always been about the strength of community and the magic that happens when people come together to collaborate and exchange ideas. This new brand identity comes at the perfect time as we build towards another record-breaking year for buyers and exhibitors.”

Alongside the new brand, applications are now open for the AIME 2027 Hosted Buyer Program, inviting qualified corporate event planners, incentive specialists and Professional Conference Organisers to experience Asia Pacific’s premier business events platform first-hand. The program pairs expert human curation with AI to deliver tailored, pre-scheduled appointments with top-tier global exhibitors.

Approved Hosted Buyers receive a fully supported attendance package: complimentary return flights, accommodation and a custom appointment diary, plus access to the Knowledge Monday program, networking events and the annual Welcome Event.

The new branding produced in partnership with Studio Quarantine will roll out across all event touchpoints, digital platforms and marketing campaigns in the lead-up to AIME 2027, returning to the Melbourne Convention and Exhibition Centre (MCEC) 15-17 February 2027.

Rackspace Technology Launches Rackspace Cloud, Among the First Fully Managed Multitenant Cloud Platforms Built on VMware Cloud Foundation 9.1

New platform gives enterprises elastic VMware capacity ready for virtual machines, Kubernetes, and production AI workloads, with the governance and control regulated industries require

SAN ANTONIO, TX – Aug 26 – Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, announced the launch of Rackspace Cloud, a fully managed, multitenant cloud platform powered by Broadcom’s VMware Cloud Foundation 9.1 (VCF 9.1), initially available in Dallas, followed soon by North Virginia and Chicago areas. Rackspace is among the first providers to bring a fully managed multitenant platform to market on VCF 9.1, and one of a limited set of Broadcom Advantage Partners able to deliver VCF-based managed cloud services. Rackspace Cloud gives enterprises a new way to use modern cloud capabilities, such as Kubernetes and containerized applications, while maintaining the VMware environment and control they require.

The launch arrives as enterprise demand shifts decisively toward governed private infrastructure. Broadcom’s Private Cloud Outlook 2026 research found that 56 percent of organizations are running or planning to run production AI inferencing in a private cloud, while public cloud use for production inference declined 15 percent year over year from 56 percent to 41 percent.

 “For years organizations operating private clouds have had to choose between agility or control,” said Bryan Litchford, Head of Product, Engineering, and Data Centers at Rackspace. “Rackspace Cloud removes that tradeoff. The same governed platform that powers an enterprise’s VMware environment today provides the flexibility to support Kubernetes and AI inference workloads as business needs evolve, all while maintaining consistent governance and control. With capacity staged in advance, automated lifecycle management, and enterprise-grade VMware capabilities delivered through a fully managed service, customers scale in hours, not procurement cycles.”

“Rackspace Cloud powered by VMware Cloud Foundation gives customers a managed path to cloud agility, combining Rackspace’s operational expertise with Broadcom’s leading private cloud platform,” said Ricky Cooper, Vice President of Global Cloud Service Providers, OEM and eOEM, Broadcom. “Together, we are helping enterprises scale their modern private clouds cost-effectively, operate securely, and innovate rapidly.”

As enterprises evaluate modernization strategies and seek alternatives to increasingly complex environments, Rackspace Cloud simplifies VMware operations, speeds deployments, and reduces the burden of buying hardware and maintaining data center infrastructure, without requiring customers to manage the underlying systems or buy additional capacity.

Key capabilities include elastic consumption on pre-staged infrastructure, integrated support for virtual machines and Kubernetes workloads on a single platform, and enterprise grade isolation, security, and governance controls. The platform is delivered with transparent lifecycle management, multiple performance tiers, and 24x7x365 managed operations.

Rackspace will showcase Rackspace Cloud at VMware Explore 2026 in Las Vegas, August 31 through September 3, where Rackspace is a Diamond Sponsor exhibiting at Booth #104, and will be presenting in the session, “VCF State of the Union: Optimizing Costs and Closing Security Gaps in the AI Era [CLOB1276LV].”

For more information, visit https://www.rackspace.com/enterprise-ai/partners/vmware.

Artificial Intelligence is Transforming Asset Managers’ Risk Management Models, Clearwater Analytics Research Reveals

BOISE, Idaho, NEW YORK, CHICAGO, LONDON and HONG KONG, Aug 26: Artificial intelligence (AI) is transforming key components of asset managers’ operational processes, and nowhere is that more evident than in their risk management practices, new research from Clearwater Analytics shows.  For an industry where speed and precision of risk identification often determines whether exposure is managed or missed, the shift AI is driving matters well beyond efficiency.

Almost all fund managers (95%) surveyed across a broad spectrum of fund managers including insurance asset managers, hedge funds, private markets specialists, and general asset managers, have seen improvements in the level of real-time insights being generated since adopting AI into their risk management systems, while 17% said those changes had been dramatic.

Managers using AI in risk management in this function want to develop a more proactive model, one built to predict and prevent risk in real time. Almost a third (32%) said their process had become much more proactive, while a further 60% said they had seen a slight increase in proactivity. Only 8% had seen no change from using AI.

Predictive analytics is where the shift becomes most concrete. AI offers the ability for managers to develop their risk management systems to deliver greater predictive analytics. Supported by machine-learning models that can analyze vast data sets to identify patterns and predict future trends with greater accuracy than traditional methods, this will be highly beneficial for forecasting risk

Since they began to use AI, the vast majority of fund managers (87%) said their ability to use predictive analytics as part of their risk management had improved, with a fifth (20%) claiming the improvement was dramatic. Some (12%) had seen no change, and only 1% said it had worsened.

The gains extend into reporting as well. In addition to offering better predictions, 88% of managers said the ability to process vast amounts of data had increased the turnaround of regulatory and accounting reports. Almost half (42%) said they had increased the speed of report production by between 10% and 24%, while a further 30% said it had increased between 25% and 49%. Almost a tenth (9%) had seen the speed they could generate reports increase by between 50% and 74%.

Manual reconciliation tells a similar story.   More than half of managers (55%) have seen a reduction in the need for manual reconciliations. A fifth (20%) have seen these reduce by up to10%, 19% have seen them reduce between 10% and 24%, and 15% have been rewarded with reductions of between 25% and 49%.

Only 2% of managers said they had not yet used AI within this function. Almost a quarter (24%) said using AI had actually slowed their process down, a reminder that these gains depend on how well the technology is implemented, not simply on whether it’s adopted.

Algorand Foundation Launches AC2: An Open Protocol for Secure, User-Controlled Communication with AI Agents

New open standard puts users in control of AI-driven signing operations, enabling secure agentic commerce without exposing private keys

Dover, Delaware, Aug 26 —Algorand Foundation announced the public launch of AC2 (Agentic Communication and Control Protocol), an open-source, blockchain-agnostic standard for secure peer-to-peer communication between users and AI agents. The specification and reference implementation are available now atgithub.com/algorandfoundation/ac2.

As AI agents increasingly execute payments, sign code, and manage digital operations on behalf of users, existing messaging channels (e.g., email, Telegram, WhatsApp) offer no cryptographic identity verification, no standardized delegation, and no way for users to approve individual actions without handing over their private keys entirely. AC2 closes that gap.

The protocol establishes a direct, end-to-end encrypted WebRTC connection between a user’s wallet or app and an AI agent. When an agent needs to perform a signing operation – a payment, a git commit, an API authorization – it sends a request to the user via AC2. The user reviews and approves through their own wallet interface, and the signature is delegated back to the agent. The private key never leaves the user’s control.

“AC2 is Algorand’s answer to a fundamental question the industry has been sidestepping: how do you give AI agents the authority they need to be useful, without the authority to act against your interests?” said Marc Vanlerberghe, Chief Strategy and Marketing Officer at the Algorand Foundation. “The answer is you don’t hand them the keys, you approve each use of them.”

AC2 supports a broad range of agentic workflows. A coding agent can draft code and ask the developer to approve the final digital signature before it’s published. Similarly, an AI assistant can manage payments by sending the transaction details directly to a users’ digital wallet, where they can easily review and approve them before the payment goes through. A shopping agent can construct an AP2 Intent Mandate, defining what it is authorized to buy and at what price, then submit it to the user for sign-off before acting autonomously. Because AC2 supports extensions, any message type or signing format can be added to the protocol, making it suitable for any domain where agents need scoped, user-approved authority.

AC2 uses DIDComm v2.0 message formats to ensure seamless operability across different systems, passkey-based authentication via Liquid Auth (built on FIDO2/WebAuthn), and supports real-time voice and text streaming as well as signing delegation. It requires no central message relay and no blockchain to operate.

Alongside the specification, the Foundation is releasing an open-source wallet proof-of-concept and an OpenClaw plugin for end-to-end developer testing. The Foundation is actively inviting design partners to review and contribute to the AC2 spec.

• Specification and code:github.com/algorandfoundation/ac2

• Website: ac2protocol.org

• Contact:press@algorand.foundation

AAEON Announces Plans to Incorporate NVIDIA Jetson Orin Nano 2 Module into its Embedded AI System Roadmap

Following the announcement of NVIDIA Jetson Orin Nano 2, AAEON confirmed it will support the adoption of the module through its BOXER-8XXXAI product line.

Taipei, Taiwan – Aug 26:  Following the announcement of NVIDIA Jetson Orin Nano 2, industry-leading edge AI platform provider AAEON (Stock Code: 6579) has announced its intention to integrate the energy-efficient, compact module into its Fanless Embedded AI System range.

NVIDIA Jetson Orin Nano 2, which will feature twice the performance of its predecessor and consumes much less power at the same performance, is to be made available in both module and developer kit form during the first half of next year.

In response to the news, AAEON has confirmed that it is one of the ecosystem partners working with NVIDIA to adopt the new addition to the NVIDIA Jetson Orin series modules, noting that a more detailed product roadmap with system-level specifications will be announced closer to the module’s official market release.

Powered by an NVIDIA Ampere architecture GPU with 1,536 CUDA Cores and improved Tensor Cores, NVIDIA Jetson Orin Nano 2 will provide up to 78 TOPS of AI performance. Meanwhile, the module will also include an 8-core Arm Cortex CPU and 8GB of LPDDR5x with higher memory bandwidth.

For AAEON customers seeking robust hardware platforms to build entry-level edge AI solutions across physical AI, one of the key benefits of NVIDIA Jetson Orin Nano 2 will be its optimized power-efficiency. Notably, the module is reported to consume 40% less power than its predecessor while delivering the same high standard of performance.

Taking advantage of the greater thermal headroom available as a result of the module’s more efficient power profile, AAEON has indicated that its Fanless Embedded AI Systems featuring NVIDIA Jetson Orin Nano 2 will be designed to ensure they provide interfaces conducive to advanced application building while remaining as compact and fanless as possible.

Teledyne FLIR OEM Selected for U.S. Army DUTCH Award to Advance Next-Generation Uncooled Thermal Imaging

Award strengthens trusted domestic thermal imaging industrial base, critical to defense modernization and uncrewed systems priorities
 

Aug 25: Teledyne FLIR OEM, part of Teledyne Technologies Incorporated (NYSE: TDY), announced it was selected to support the U.S. Army’s Delivering Unmatched Thermal Capability Hastened (DUTCH) initiative, led by the Office of the Assistant Secretary of War for Critical Technologies and the U.S. Army Combat Capabilities Development Command (DEVCOM) C5ISR Center, to enhance next-generation uncooled thermal infrared (IR) sensing for defense applications.

The DUTCH initiative is focused on strengthening U.S. thermal sensor capabilities. The program will focus on improving uncooled thermal sensor performance while reducing size, weight, power, and cost (SWaP-C). The initiative also emphasizes scaling these technologies for high-volume production to enable future defense programs. Uncooled thermal sensors are essential technologies for a variety of defense applications, including uncrewed aerial systems, loitering munitions, thermal binoculars, and weapons sights.

Under the award, Teledyne FLIR OEM will further the development of uncooled thermal imaging technologies and apply its system integration expertise to help drive development and demonstration efforts aligned with U.S. Army modernization priorities. The work builds on the company’s continued investment in advanced small-pixel pitch uncooled thermal architectures and recent product innovations that scale integration across defense and uncrewed missions.

“Teledyne FLIR OEM is proud to contribute to the U.S. Army’s efforts to accelerate next-generation uncooled thermal performance while strengthening a secure, resilient domestic industrial base,” said Paul Clayton, president of Teledyne FLIR OEM. “Our ability to deliver state-of-the-art, NDAA-compliant thermal imaging solutions on time and at scale helps reduce program risk and ensure reliable long-term access for critical defense programs, like Drone Dominance.”

The DUTCH initiative aligns with Department of War priorities to strengthen secure microelectronics supply chains and restore domestic manufacturing capacity for mission-critical technologies. Teledyne FLIR OEM’s role builds on its experience as a U.S.-based non-traditional defense contractor providing high-volume manufacturing and system-level integration for uncooled thermal imaging systems, helping expand a scalable, low-risk domestic supply base for infrared components.

“A trusted, scalable, and resilient domestic supply of high-performance thermal imaging camera modules is vital to U.S. national security,” said George Bobb, President and Chief Executive Officer of Teledyne Technologies. “Across Teledyne, we are committed to moving quickly to develop and deliver the critical defense technologies needed by our war fighters.”

Nayax Launches EV Charging Payments in Brazil with a Certified Terminal for Paying at the Charger

VPOS Media 4 Mini accepts cards and digital wallets directly at the charging point, giving drivers a faster, broader range of ways to pay

CURITIBA, Brazil, Aug 25: Nayax Ltd. (NASDAQ: NYAX, TASE: NYAX), a global commerce enablement, payments, and loyalty platform, today launched its electric mobility business in Brazil. At the center of the launch is VPOS Media 4 Mini, a payment terminal certified and validated to process local payments at charging stations. Drivers pay at the charger itself, with a broader range of payment options available.

Payment flexibility is one of the practical factors that shapes the charging experience. Giving drivers the option to pay directly at the charger, alongside app-based payment, makes the experience closer to a fuel pump, where paying takes seconds and drivers can choose what works best for them, cutting friction at the charger.

That friction is costly in a market where each charger already serves many drivers. Brazil’s public and semi-public network reached 25,429 charging points at the end of May 2026, a rise of 20.7 percent in three months, according to the Brazilian Electric Vehicle Association. The country’s plug-in fleet stands at 505,806 vehicles, close to 20 for every charging point.

VPOS Media 4 Mini pre-authorizes the payment when the charging session begins and captures the final amount automatically once charging is complete. The driver taps once at the start and is charged the correct amount at the end, with nothing further to do.

The terminal is certified by ABECS, which governs payment security in Brazil, and by Anatel, which covers connected devices. It is built for unattended outdoor sites, with reinforced protection against dust, water and mechanical impact.

The solution is built for charge point operators, charger manufacturers and management-system providers. Operators can keep the systems they already run, with no migration required. Charger manufacturers can integrate through a proprietary protocol embedded directly in their equipment, gaining the ability to expand into new markets with Nayax’s support as they grow internationally.

“Electric mobility can only scale if the charging experience is simple and accessible. Payments should no longer be an obstacle. They should enable a seamless charging journey. Our goal is to connect charge point operators, manufacturers, and management platforms through an open ecosystem that delivers a frictionless experience for drivers while improving operational efficiency for infrastructure operators,” said Eduardo Muniz, CEO of Nayax Brazil.

Nayax supports tens of thousands of EV charging points worldwide. In Brazil the company operates as Nayax Brazil, following its 2024 acquisition of VMtecnologia, whose network covers more than 6,300 retailers across all 27 states.

The solution is available across Brazil.