Latest news and information
InsightSuccess.com Published on July 2017
The payment system in any country needs to qualify some parameters like the litmus test of efficiency, safety, security, soundness, and accessibility. In order to address all these, payment systems have evolved from barter to currency, to digital systems. We are witnessing an enormous change in the payment systems, disrupting the monopoly of physical/paper-based system by electronic ones.
vendingmarketwatch.com Published on June 7, 2017
PORTLAND, OR (June 7, 2017) – PayRange Inc., maker of the world’s simplest mobile payment solution for machines, announced it has been issued a United States patent for technology that sends machine events to the mobile device to notify users of the status of the transaction. This is particularly useful to communicate with consumers when an error has occurred during their purchase. Additional frustrations are avoided when they are automatically informed in real-time of a credit being applied. Continue reading…
PRnewswire.com Published on May 30, 2017
PORTLAND, Ore., May 30, 2017 /PRNewswire/ — PayRange Inc., maker of the world’s simplest mobile payment solution for machines, announced it is available for commercial laundry. Laundromats are synonymously known as “coin laundry” due to their reliance on coins to operate. In a mature 80-year old industry, mobile payment innovation brings the commercial washers and dryers into the digital age aligning with today’s consumers. The innovative solution allows operators to upgrade existing machines in two minutes to accept payment via a smart phone.
Pymnts.com Published on April 19, 2017
“Who wants to shop at vending machines?”
When PYMNTS first encountered PayRange CEO Paresh Patel at Innovation Project 2013, he was leading a tiny startup with a big goal: to bring vending into the digital age. Yes, vending — those large, unattended kiosks that typically serve a wide variety of salty snacks and soda and are often found in hotel ice machine corridors. The response from a would-be investor then when pitched his idea was more or less a shrug. Interesting technology, but who cares about vending? Continue reading…
vendingmarketwatch.com Published on April 12, 2017
In partnership with PayRange, USI is thrilled to announce that all Evoke merchandisers will have PayRange capability built into the control board. PayRange is a leading cashless payment technology that utilizes Bluetooth technology and is app-based to provide payment through customers’ mobile devices.
Read the complete article here.
vendingmarketwatch.com Published on March 7, 2017
PORTLAND, OR (March 6, 2017) – In December 2016, Gilly Vending Inc. announced adding George State University to their client roster. Their multi-year agreement serves over 50,000 students and faculty with state-of-the-art machines now accepting PayRange. Within 30 days from installation at GSU, 1 in 5 consumers made a purchase with the PayRange app. For the first time, Gilly saw a new revenue stream from mobile. Continue reading…