PayRange Achieves 100 Million Mobile Transaction Milestone

Posted On: 3/12/2019

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PORTLAND, OR -- PayRange Inc. reported that its Bluetooth-enabled payment app has powered more than 100 million mobile payment transactions.
PayRange-enabled machines can be found in 350 cities and towns across the U.S. and Canada, and across a number of verticals including vending, laundry, amusement and car washes.
In addition to the convenience of eliminating the need for cash, PayRange offers features specific to each vertical leverage the power of mobile. In vending, for example, if a product fails to dispense, the user can be alerted immediately with a notification that the malfunction was detected, and the user's account was automatically refunded. In laundry, consumers can view machine timers in the app and receive cycle-completion notifications.
"While macro trends are in favor of more automated and self-service retail, lack of frictionless payment and poor overall experience have been top problems that have limited growth," said PayRange founder and chief executive Paresh Patel. "Virtually every consumer has had difficulty paying a machine at some point or has lost money. We're excited to be providing a solution that can play a part in unlocking this large sector of our economy."