PayRange Revenue and Competitors

Everyday payments made easy.\n\nPayRange was founded in 2013 by Paresh Patel, a serial entrepreneur and veteran of the automated retail industry. While credit card solutions for machines have been around for two-decades, 95% of the 30 million machines worldwide only accept cash. His patented innovations combine payment, rewards, and convenience into a mobile service that brings premium experiences to unattended retail locations. \n\nConsumers download the free mobile app (iOS, Android) and with flexible funding options, including all major cards and wallets (Apple Pay, Android Pay, and Masterpass), they are empowered to pay machines with ease. \n\nAt PayRange, our trajectory from being the vending industry’s first mobile payment service to becoming the world’s fastest growing payment network for everyday things has been an exciting couple of years. In 2015, Operators started accepting PayRange on their machines. In less than 2 years, the company established a footprint in over 300 major cities across North America. 2000 operators are now accepting PayRange on their machines and over 100 million transactions have flowed through our system. \n\nOur exceptionally talented team is breaking the payment barrier in vending, laundry, amusement, parking, and more. We’re creating a new world of artful convenience. A world where convenience means consumers get what they want, where and when they want it. In this world, payment is fast and simple. Barriers magically disappear to create rewarding experiences for everyone.

keywords:Mobile Payments, Vending and Concessions, Internet of Things, M2M