One way to judge technology is by its flexibility. A system should work efficiently, as promised out of the box. Beyond those basics, however, is the much more subtle ability to meet unforeseen challenges. It is the difference between the employee who knows a manual backward and forward, compared to the one who can improvise a solution in a pinch. In an ideal world, you want some combination of both.
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. Read the Complete Article Here.
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.
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.
“Who wants to shop at vending machines?”
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.
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.
PORTLAND, OR (January 31, 2017) – Operators across 300 cities leveraged the PayRange mobile app to run a Holiday Sales promotion driving incremental usage during a month when sales typically slow down amidst holiday parties, cookies, and vacations.
PORTLAND, OR, (Dec. 20, 2016) – The PayRange mobile app is being used to run a holiday sales promotion by nearly 100 operators to drive incremental usage at vending machines during a month when sales typically slow down amid holiday parties, cookies and vacations.
PORTLAND, OR, (Aug. 8, 2016)– The Canadian National Vending Alliance (CNVA), a coalition of the largest vending operators across Canada, announces that it has partnered with PayRange to bring mobile payment across 100% of its vending machines coast-to-coast.