PayRange raises $12m for vending machine payments via Bluetooth

News in brief

News in brief

Digital payments enabler PayRange has secured US$12m in Series A funding to drive mobile payment acceptance in the vending machine industry with a plug-in dongle called BluKey. “PayRange uses a small device which plugs into the back of the machine and a customer-side mobile app to enable any vending machine to accept all forms of payment,” the company says. The US$49 device uses Bluetooth Low Energy, says PayRange, and the prepaid app can be funded with both Apple Pay and Android Pay.

Filed by This email address is being protected from spambots. You need JavaScript enabled to view it. nfcworld.com Published 26 June 2015, 17:14 • Last updated 26 June 2015, 17:14