Nayax
Founded in 2005 in Israel, Nayax began as a cashless payment provider specifically for the vending machine industry and has since grown into a global leader in unattended retail technology. Operating in over 65 countries and supporting more than 80 payment methods, Nayax has become a trusted name for vending operators seeking secure, seamless, and flexible payment solutions. Their devices are widely integrated into snack, beverage, frozen, and combo vending machines across Australia and around the world.
Today, Nayax offers a comprehensive platform for vending operators that goes beyond payments—combining real-time telemetry, remote machine management, inventory tracking, and customer engagement tools into one ecosystem. Products like the VPOS Touch and the new Media touchscreen readers enhance the vending experience with intuitive touchscreens, cashless transactions, loyalty programs, and promotional features. With a strong focus on innovation, Nayax continues to transform vending machines into smart, connected retail points ready to meet the demands of modern consumers.
Basil Hourmouzis
BCom, BAcc, ACA
Founder
Basil founded AVS after successfully persuading Crane to entrust their distribution rights for Australia to him. Basil is uniquely positioned to distribute vending machines. Having spent 20 years as a vending operator, initially at Aussie Snacks and then Natvend, he has experienced and fully understands the challenges faced by all vendor operators.
Basil started Aussie Snacks in 1994 and very quickly grew it to become one of Sydney’s largest and most respected vending operators. In 2006/7, he merged his business with four other operators, bought the Mars vending business and Natvend was formed. Under Basil’s leadership, Natvend grew to be Australia’s third largest vending operator after Coca-Cola Amatil and PepsiCo/The Smith’s Snackfood Company. In 2012, he successfully negotiated the sale of Natvend to Coca-Cola Amatil.
Basil’s excellent understanding of the retailing and operational challenges that vending businesses face in today’s marketplace enables him to recommend successful, profitable solutions.