Voyix Commerce Platform Growth
The Voyix Commerce Platform had nearly 78,000 sites connected, increasing 16% year-over-year. Consumer transaction volume flowing through the VCP was more than 50% higher than the previous year.
Strong Performance in the Retail Segment
Retail platform sites increased 25%, and payment sites increased 13%. Software ARR increased 9%, and total ARR increased 6% in the quarter.
Strategic Partnerships and Expansions
NCR Voyix signed multiple strategic agreements, including with a national grocery chain in Japan and a large drugstore chain. They also expanded services with a large global coffee chain and fast-food chain.
Adjusted EBITDA Growth
Adjusted EBITDA of $95 million increased 20% in the second quarter, with margin expanding by 340 basis points to 14.3%.