PayRange LLC, a pioneer in mobile payment solutions for unattended retail, announced a non-exclusive licensing agreement with Electrolux Professional that enables utilization of PayRange's patented mobile payment technology as part of Electrolux Professional's payment solution offering towards laundry business customers and end customers.

Electrolux Professional Group is one of the world's leading laundry appliance manufacturers. Through this agreement, the company reinforces its commitment to innovation and digital transformation across its laundry portfolio, serving a wide range of laundry business customers, including laundromats, multi-housing environments, universities, and other commercial settings.

"We're excited to partner with Electrolux Professional and their forward-thinking team to bring this next wave of innovation directly into machines," said Paresh Patel, founder and CEO of PayRange. "Electrolux Professional's leadership in adopting licensed, proven technology reflects a strong commitment to delivering the best possible experience for operators and consumers, while respecting the innovations that make it possible."

PayRange has spent years building one of the most widely adopted mobile payment platforms in unattended retail, supported by a robust portfolio of nearly 100 patents. Its technology has transformed how millions of consumers interact with everyday machines, removing friction and enabling a more connected, digital-first experience.

"We are pleased to incorporate PayRange's patented technology into our payment solutions" said Jay Dixon, Head of Laundry for North America at Electrolux Professional. "Digital transformation is central to our innovation strategy, and a simple, convenient mobile payment method adds value to our customers in North America."

The agreement underscores a broader industry shift toward integrated, software-driven capabilities and highlights the importance of collaboration in accelerating innovation.