April 7, 2020
PayRange Inc., a network for everyday purchases, and Jetz Service Co., a laundry service and equipment provider operating in 18 Midwestern states, have signed an agreement to provide PayRange mobile payment acceptance across Jetz's entire fleet of PayRange compatible machines, according to a press release.
Currently Jetz has PayRange available in 60% of its machines; this agreement will deploy PayRange in all remaining compatible machines.
The economic fallout from the COVID-19 pandemic motivated Jetz to accelerate plans to enable its remaining machines to accept mobile payment.
The shutdowns related to the pandemic have made access for collections and service difficult for some consumers, putting a strain on cash flow and raising safety concerns for operations teams, according to the press release. With mobile payment, Jetz can maintain steady, consistent cash flow as funds are deposited directly to their bank account, and will also support their interest in reducing exposure to employees.
"In the current COVID-19 climate, without PayRange on so many of our machines, we'd be losing revenue and facing unhappy customers," Scott Schenk, chief financial officer of Jetz, said in the press release. "Many card customers are also transitioning to PayRange now that building management offices, where most card kiosks are located, are closed. We're also able to engage with our end users directly, offering them discounts, letting them know that we're there for them during this national crisis where clean laundry is a public health issue. Getting our entire operation equipped with PayRange where possible is a top priority."
Last month, PayRange added a feature allowing users to continue to do laundry even if they have a negative balance — a gesture of support during the Covid-19 crisis. This feature inspired Jetz to offer a discount through the PayRange platform, giving some relief for people who may have more laundry to do than normal.
For an update on how the coronavirus pandemic is affecting the kiosk industry, click here.