Sat, 27 May 2017
GoDaddy - World's #1 Domain Registrar
FB Twitter Rss
Advertisement
Thu, 20 April 2017 16:32:18

PayRange to be Available on Japanese Vending Machines

PayRange Inc., maker of the world's simplest mobile payment solution for machines, announced it has signed an agreement with Sumitomo Mitsui Card Company (SMCC)

Portland, OR – PayRange Inc. , maker of the world’s simplest mobile payment solution for machines, announced it has signed an agreement with Sumitomo Mitsui Card Company (SMCC), the largest merchant acquirer in Japan to begin the work necessary to expand the PayRange mobile payment solution to millions of Japanese vending machines.

Japan has among the most advanced vending machine markets in the world. The ubiquitous vending machines are available on virtually every street corner in the cities. However, almost none of the vending machines take credit or debit cards. Some machines accept prepaid transit cards, but the vast majority are cash and coin only.

“It has been very expensive to bring cashless solutions to this vending market. The PayRange solution is unique in that it requires no networking infrastructure allowing easy upgrade of the existing fleet of machines,” stated SMCC. “We’re particularly eager to offer solutions to vending merchants that will allow them to upgrade their machines ahead of the 2020 Tokyo Olympics when millions of visitors and athletes will visit. We want them to be able to easily use the vending machines.”

In addition to vending, the PayRange solution will also be available on Japanese laundry and amusement machines. SMCC has experience bringing innovative payment solutions into Japan. They have partnered with other US companies such as Square  and Stripe  to make those services available in that market.

“Partnering with SMCC is an exciting opportunity for PayRange,” stated Paresh Patel, founder and CEO of PayRange. “The Japanese vending is large, but also complicated. SMCC’s leadership, reputation, and experience is what we sought to ensure success of our entry into the market.”

 

Link to Source:
http://www.datsyn.com/press-release/22315/2017/04/20/PayRange-to-be-Available-on-Japanese-Vending-Machines

 

LOGIN TO POST ADS

Free Registration
Username / Email
Password
  • Forgot your Password?
  • Create an Account
  • Latest News

    Optegra To Support National Glaucom..
    on 27 May 2017 01:45:01
    The International Glaucoma Association (IGA), the charity for people with Glaucoma, are co
    The #1 Twin Cities SEO Specialists ..
    on 27 May 2017 01:40:44
    The popular and acclaimed Minneapolis digital marketing firm Snap Agency has been honored with the p
    SELVAS AI Inc. Expands it Scope of ..
    on 26 May 2017 16:13:08
    SELVAS AI, a Korean company that specializes in AI has changed the model of so many business using a
    Green Exterior Artificial Grass Dup..
    on 26 May 2017 16:11:48
    Looking to recreate nature’s finest lawn without all the hassles of mowing, watering and feedi
    Rooms2Love provides uniquely fitted..
    on 26 May 2017 16:04:44
    The kitchen can aptly be described as the heart and soul of every home. It is not just the part of t

    Latest Classified Ads

    Solar Battery charger..
    on 12 January 2017 18:55:06
    Solar battery charger –  10000mAh Solar battery Power Bank charger With Fold-able 4 Solar..
    Power Bank 20000mAh Slim aluminum a..
    on 12 January 2017 18:51:53
    Power bank 20000mAh Slim Aluminum Alloy mobile battery charger with electronic digital display ..
    Portable Car battery jump starter..
    on 12 January 2017 18:49:04
    Portable car battery jump starter  power bank 12000mah, emergency Multi purpose battery charger..
    10000mAh lithium polymer slim power..
    on 01 January 2017 17:11:35
    10000mAh power bank lithium polymer battery for smartphones and tablet,20000mah OEM and ODM are all ..
    Wireless Charger 10000mah Power Ban..
    on 01 January 2017 17:09:39
    Wireless Charger – 10000mAh Polymer lithium-ion QI wireless power bank for sams..