Nayax and Lynkwell Strategically Partner to Make EV Charging More Accessible, Profitable, and Scalable | NYAX Stock News

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Jun 04, 2025
  • Nayax Ltd. (NYAX, Financial) partners with Lynkwell to enhance EV charging payment solutions across North America.
  • Lynkwell, operating the third-largest public charging network in the Northeast US, saw triple-digit growth in 2024 and 2025.
  • The collaboration involves integrating Nayax's payment platform with Lynkwell's Buy America compliant EV chargers.

Nayax Ltd. (NYAX), a global commerce enablement and payments platform, has entered into a strategic partnership with Lynkwell, a leading energy infrastructure provider in the United States, to provide comprehensive payment solutions for electric vehicle (EV) charging stations across North America. This collaboration designates Nayax as the preferred payment provider for Lynkwell's extensive network of EV chargers.

Lynkwell, which manages the ViaLynk network, is recognized as the third-largest public EV charging network in the Northeast and the eighth-largest in the United States. The partnership aims to address the increasing demand for reliable and accessible EV charging by integrating Nayax's robust payments platform with Lynkwell's advanced, Buy America compliant chargers.

In recent years, Lynkwell has demonstrated impressive growth, experiencing triple-digit increases in 2024 and the first quarter of 2025. As one of the few US-based manufacturers of EV charging stations, Lynkwell’s flagship product, the XLynk charger, offers a unique lifetime warranty, further solidifying its position in the market.

The integration of Nayax's payment technology in Lynkwell’s chargers not only facilitates secure and swift transactions but also enhances the scalability and profitability of the charging infrastructure. This partnership is set to expand Nayax's foothold in the burgeoning EV charging sector, presenting new revenue opportunities through increased transaction volumes.

As the US government continues to invest in EV infrastructure, the compliance of Lynkwell's chargers with federal standards positions both companies strategically to capture a larger market share, aligning with regulatory incentives and fostering growth in the clean energy sector.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.