Malvern, Pa. (March 13, 2018) – Crane Payment Innovations (CPI), a Crane Co. company, is excited to announce the expansion of their mobile payment portfolio through a partnership with PayRange, a leading provider of mobile payment technology and consumer engagement solutions.
With this partnership, PayRange technology will be integrated into CPI’s portfolio of payment and connectivity solutions, enabling operators to maximize revenue through acceptance of all payment types, and giving consumers more payment options than ever before.
“CPI is committed to delivering connected solutions that enhance our customers’ profitability and growth,” said Patrick Richards, Product Manager for Crane Connectivity Solutions. “Partnering with PayRange enables us to further deliver on this promise by expanding our portfolio to include a wider breadth of mobile solutions and consumer engagement applications that will result in higher revenues for our customers and more options for the people who use our products every day.”
The PayRange integration will increase the app-based mobile capabilities of CPI’s connected payment platform. In addition to payment, PayRange offers a marketing platform, data transfer, and configuration services via Bluetooth.
“We’re excited to partner with CPI, a global leader that expands the reach of the PayRange network, empowering even more consumers and operators to benefit from innovative mobile technologies,” stated Paresh Patel, Founder and CEO of PayRange. “With CPI’s leadership in the marketplace, mobile experiences in automated retail are on the way to become the de facto standard.”
CPI and PayRange will formally announce their partnership during this year’s NAMA Show, taking place from March 21-23 in Las Vegas, Nevada. For more information about CPI’s connected payment portfolio, please visit us at www.cranepi.com.
About Crane Payment Innovations
CPI is a diversified manufacturer of highly-engineered payment solutions. Serving the vending, financial services, gaming, retail and transportation markets in more than 100 countries, CPI has one of the world’s largest installed bases of payment systems. Backed by decades of experience from the MEI, Conlux, CashCode, Telequip, MoneyControls, Microtronic and NRI legacy brands, we create intelligent validation technologies and payment solutions that deliver industry-leading accountability, reliability and security.
Crane Co. is a diversified manufacturer of highly-engineered industrial products. Crane Co. is traded on the New York Stock Exchange (NYSE:CR)
About PayRange:
PayRange provides the simplest, most accessible mobile payment and customer loyalty service for vending, laundry, amusement, and more. Consumers download the free mobile app from the Apple App or Google Play store. And with flexible funding options including all major cards and wallets (Apple Pay, Android Pay, and Masterpass) consumers are empowered to pay machines with ease. PayRange is accepted in over 300 major cities across the US and Canada. Find out more at www.payrange.com
