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PayRange

PayRange Experiences Significant Expansion Of Its Team To Handle Sales Growth

PORTLAND, OR – PayRange Inc., maker of the world’s simplest mobile payment solution for machines, today announced that is has been expanding its sales and account management team over the past few months to handle exponential sales growth. In May 2015, after the NAMA OneShow, the company had 13 employees; today, the company has 34 employees and it has another 16 positions posted on its website.

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PayRange Enables Mobile Payments at Vending Machines With Small Hardware Add-On

PayRange, the maker of a small device that enables every MDB vending machine to accept mobile payments, has raised $12 million in Series A funding led by Matrix Partners. The new source of funding will be used to expand the staff and increase the number of PayRange-equipped machines.

The company is working towards saving old vending machines by giving them new lives with its technology. PayRange transforms vending machines to accept contactless payment from a smartphone app. As we live in an evolving world where people prefer to pay with credit cards, the company wants the vending machine to catch up with the times.

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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.

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PayRange Secures $12 Million Led By Matrix Partners

San Jose, CA – 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.

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