VYX | Market Cap: $1.1B (07/13/26)
Industry:
Software

DESCRIPTION

NCR Voyix sells point-of-sale (POS) and self-checkout (SCO) software, services, and payments solutions to retailers and restaurants. The company's core products are Voyix POS for retail and Aloha for restaurants — software systems that run checkout, order management, and back-of-house operations for large enterprise and mid-market grocery, convenience, and restaurant operators. NCR Voyix has been through significant restructuring, spinning off its ATM business as NCR Atleos in 2023 and selling its Digital Banking segment in 2024, leaving a more focused business centered on its Voyix Commerce Platform (VCP), a cloud-native platform connecting retailers and restaurants to applications for ordering, checkout, loyalty, payments, and store operations. NCR Voyix earns revenue through software subscriptions, recurring managed services and support, and payments processing. The company is actively migrating its large installed base — approximately 78,000 sites — from legacy on-premise software to the VCP, which carries higher pricing and enables attachment of add-on applications. In payments, NCR Voyix processes roughly $800B in consumer card volume through its gateway and is expanding into payment processing for retail customers who currently use third-party processors, viewing this as a significant growth opportunity. NCR Voyix also outsourced hardware manufacturing to Ennoconn, transitioning from a hardware seller to earning agent commissions on hardware, which shrinks reported revenue but improves margins and shifts the mix toward recurring software and payments revenue.

Read full business overview →