Cashless Tap to pay NFC and QR code – nayax alternative

The fee structure for your Koynless account is very simple and transparent.
You pay 1 flat monthly fee per machine to Koynless to operate your telemetry data server.
Besides that your payment gateway provider (Mollie) may charge you a small fee per transaction.
There are no strangle contracts as you can cancel your account at any time.
You can set your own pricing per machine credit and even create tiered discount bundles so ultimately it is up to you how you operate your margins.

You can even lower your Mollie percentages by bundling credits for your players. For instance : when Mollie payment gateway charges you 0,20 per transaction and you charge 1,00 per machine credit to your players that would amount to a 20% fee, but if you allow players to buy 6 credits for 5,00 you only have a 4% fee. You can change all these payment settings in your Koynless account.

Koynless vs Nayax

Nayax is a big, established name in unattended payments but may not always the best , cheapest or easiest choice when it comes to smaller setups. — vending machines, laundromats, parking, kiddie rides, and arcade machines can all be converted to cashless payment systems. Koynless is a smaller, more focused system built based on real arcade and entertainment experience and is geared towards simplicity and flexibility. Neither is “better” across the board — which one fits depends on what you actually run and how you want the money to move. Here’s an honest, side-by-side look.

Side by side

Koynless’s real advantages

• The money is yours, directly. Payments land in your own Mollie account — Koynless is never in the money’s path, and never takes a cut of each transaction.
• No per-transaction skim on top of your processor’s own rate. Your cost is flat and predictable: the hardware once, a flat monthly fee after that.
• Fully your brand. The payment screen a player sees is yours — logo, colour, business name — not a third-party terminal’s interface.
• Specialized for smaller arcade/amusement operators — not a generic unattended-retail platform stretched across a dozen device categories.
• Plug in and go. Every device ships with its own connectivity already installed and active.
• No border restrictions. Move devices across borders and it still works ( events – trade shows etc ).
• SIM tech – no wifi. Koynless runs directly on the cellular network and does not depend on unstable wifi at venues.

When Nayax might be the better fit

• You run a mix of equipment beyond arcade machines — vending, laundry, parking — and want one platform across all of it.
• You’d rather have a dedicated card-tap terminal on the machine than rely on a player’s own phone for a QR/NFC flow.
• You want built-in loyalty cards or promotional campaign tools as part of the payment platform itself.

Frequently asked questions

Does Koynless cost more or less than Nayax overall?

It depends on your transaction volume. Koynless’s cost is flat (hardware once, a flat monthly fee, and only your payment processor’s standard rate per transaction). Nayax adds a per-transaction fee on top of its hardware and monthly fees, so the more volume a machine does, the more that difference tends to matter. Get an exact quote from Nayax for your situation before comparing numbers directly. Installation of Koynless is free , Nayax typically requires a certified technician.

Can I switch from Nayax to Koynless on the same machine?

Yes — Koynless wires inline with your machine’s existing coin acceptor the same way most retrofit readers do, so switching doesn’t require a different machine, just swapping the payment hardware.

Does Koynless work without a dedicated card reader on the machine?

Yes — players pay with their own phone via QR code or NFC tap just like they do at any cash register, so there’s no separate reader hardware or screen to install or maintain on the machine itself.

Do I need to buy or set up a SIM card for the Koynless device?

No — every Koynless device ships with its own SIM already installed and active. Plug it in and it connects on its own.

Our Koynless cashless payment system is incredibly easy to set up and use but there are some minimal requirements to get your first machine up and running. All in all it take approx 5 minutes to set up your first system. Here is what you will need :

* A Koynless terminal : you buy a terminal once and then own it for the rest of your life. Each machine requires 1 terminal. Each terminal has a unique identifier and connects securely to the Koynless server to add credits to your system.
* A free Mollie account : Mollie is the payment gateway provider that deposits the money into your accounts. If you do not have a mollie account yet you can open one for free at https://mollie.com – you only need 1 account for an unlimited amount of machines.
* A Koynless account : This is your main dashboard where you can connect all your machines, see all your data, set your payment screens and organize your settings. You get a Koynless account with each terminal – you only pay a flat fee for telemetry.Koynless does not roam off or take a percentage of your earnings.