PayRange Expands Its Platform with the Integration of KioSoft Technologies

A strategic integration designed to reshape how unattended machines connect, transact, and scale globally

 PayRange, a leading digital commerce platform for unattended environments, announced today that it has completed the acquisition of KioSoft Technologies, a well-established provider of cashless payment systems and connected machine solutions. The integration brings together two complementary technology ecosystems with a shared goal: accelerating the shift away from coin-operated infrastructure toward smarter, data-driven, and user-friendly self-service experiences.

This move positions PayRange to significantly broaden its platform capabilities, extending its reach across millions of unattended machines worldwide while delivering more flexible tools for operators and a more seamless experience for consumers.

Building a Unified Platform for the Next Generation of Unattended Retail

Unattended retail continues to evolve as consumer expectations shift toward convenience, speed, and digital-first interactions. By incorporating KioSoft’s hardware, management tools, and established operator relationships into the PayRange platform, the combined organization is creating a more unified and scalable foundation for the industry.

The integration enables operators to modernize their locations with a broader range of payment options, deeper operational visibility, and a more consistent technology stack—without increasing complexity. From laundromats and car washes to vending and other self-service environments, the platform is designed to adapt to diverse business models and geographies.

Expanding Global Reach and Operator Value

KioSoft’s presence across North America, Latin America, and international markets strengthens PayRange’s global footprint and accelerates adoption in regions where modernization is already underway. Together, the platform will support millions of connected machines, helping operators move faster, make smarter decisions, and better understand how customers interact with their equipment.

Beyond payments, the combined capabilities allow operators to unlock actionable insights, streamline operations, and improve uptime—turning previously disconnected machines into connected assets.

Leadership Perspectives

“Self-service commerce touches people’s daily lives, yet much of the infrastructure has remained unchanged for decades,” said Paresh Patel, Founder and CEO of PayRange. “This integration is about simplifying complexity for operators while delivering intuitive, modern experiences for consumers. By bringing KioSoft into the PayRange platform, we’re accelerating that transformation.”

Charles Lee, President of KioSoft, added: “This is a natural alignment of vision and expertise. Together, we can move faster, innovate more effectively, and bring modern payment and management capabilities to far more machines than either company could alone. We’re excited to be part of PayRange’s next chapter.”

Following the transaction, KioSoft’s solutions will continue to be supported under the PayRange brand, ensuring continuity for customers and partners. Charles Lee will assume the role of Vice Chairman of PayRange and remain actively involved in the company’s strategic direction.

Financial details of the transaction were not disclosed.

About PayRange

PayRange delivers a comprehensive digital commerce platform purpose-built for unattended environments. Its technology connects machines, payments, and users through a mobile-first ecosystem that enables cashless transactions, operational intelligence, and scalable growth. Trusted by operators worldwide, PayRange helps modernize self-service businesses while enhancing customer convenience and engagement.

About KioSoft Technologies

KioSoft Technologies develops integrated payment and connectivity solutions for unattended industries including laundry, car wash, vending, parking, amusement, and air and vacuum services. With operations in the United States, Canada, and Mexico, KioSoft provides end-to-end systems that combine hardware, software, and operational tools designed to simplify machine management and accelerate modernization.