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 | Nayax | |
|---|---|---|
| Where the money goes | Directly into your own Mollie account. Koynless never holds or touches your money. | Nayax collects your money, holds it and takes a percentage cut. |
| How it’s priced | One-time hardware purchase, plus a flat monthly telemetry fee. Mollie charges its own small, standard per-transaction fee — the same rate you’d get accepting payments anywhere else — nothing extra added on top by Koynless. | Hardware + a monthly device fee, plus a per-transaction processing fee on top (commonly cited around 2.5–5.9% + a small fixed fee, though this varies by contract and region — worth confirming your own quote directly with Nayax). |
| How players pay | Scan a QR code or tap NFC with their own phone — no separate reader hardware on the machine, no screen to maintain no app to install. | A dedicated card-tap terminal (e.g. VPOS Touch, Onyx) must be mounted on the machine by a technician, with its own screen. |
| Branding on the payment screen | Yours — your logo, your colour, your business name. Players never see “Koynless.” | Runs on Nayax’s own hardware/UI. |
| Retrofitting an existing machine | Wires inline with the coin acceptor your machine already has — Plug and play, no wiring needed. | Also supports a pulse-protocol retrofit on arcade/crane machines — a genuinely similar approach here but nayax needs wiring. |
| Dashboard / telemetry | Revenue, credits sold, signal strength, GPS coordinates, downtime, brownout, trend graphs , payment plans, volume discount credits and machine status per machine. | Nayax Core offers sales reports, trend graphs, and its own loyalty/promotions tools (Monyx Wallet) — a more feature-rich suite, reflecting its broader retail focus. |
| What it’s built for | Arcade and amusement machines specifically , but technically any machine that takes a pulse to add a credit. | Vending, laundry, parking, kiddie rides, arcade, and more — one platform across many device categories. |
| Connectivity | Every device ships with its own SIM pre-installed and active — plug it in and it’s online, nothing to source or configure. | Nayax’s readers are also described as quick, plug-and-play installs. |
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.
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