PayRange to be Available on Japanese Vending Machines
PayRange to be Available on Japanese Vending Machines Business 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 i unique in that it requires no networking infrastructure allowing easy upgrade of the existing fleet of machines,” stated SMCC. “We’re particularly eage...