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digitaljournal.com Published on June 25, 2015

PayRange Secures $12M Led by Matrix Partners to Modernize $45B Vending Industry

SAN JOSE, CA–(Marketwired – June 25, 2015) – PayRange, makers of the world’s simplest way to enable machines to accept card and digital payments, today announced that it has received $12 million in Series A funding led by Matrix Partners to modernize the $45 billion vending industry still stuck in the era of cash and coins. PayRange enables vending machines to accept any form of payment, from credit card to Apple Pay, so that consumers have the freedom to purchase what they want, when they want.