PayRange's Acquisition of Turns: Revolutionizing the Laundromat Experience
In an exciting development for the laundromat industry, PayRange, a leading innovator in mobile payment solutions for unattended retail, recently acquired Turns, a comprehensive laundromat operating system. This strategic move marks the launch of a groundbreaking platform that promises to transform how laundromats function across the United States.
By merging PayRange's robust payment platform with Turns’ advanced operating system, this new venture offers an all-inclusive solution for both small and multi-location laundromats. The combined system not only streamlines machine payments but also integrates essential business management functions such as point-of-sale systems, delivery and pickup management, and customer engagement tools.
The primary goal of this acquisition is to simplify operations for laundromat owners. Traditionally, managing multiple systems often led to inefficiencies and increased costs, particularly when operators had to utilize card systems with poor integrations. The new platform is set to eliminate these challenges by providing a unified interface that covers every aspect of laundromat operation. Key features include Wash-Dry-Fold (WDF) service management, real-time analytics, payroll processing, and enhanced customer experience functionalities—all accessible in one user-friendly location.
Sukanth Srivastav, Founder of Turns, emphasized the significance of this partnership. He stated, "Our platform was built to redefine laundromat management. Now, with PayRange, we can realize this vision on a larger scale, empowering laundromat owners with tools to elevate their operations and customer service experience." The ambition is ambitious; over the next two years, the plan is to support more than 5,000 laundromats nationwide, positioning the new alliance as the definitive authority in laundromat technology.
Paresh Patel, Founder and CEO of PayRange, shared his enthusiasm about this acquisition, noting, "We are not just enhancing our capabilities; we are establishing the foremost laundromat platform in the U.S. This endeavor presents unmatched growth opportunities while aiming for top-tier service.'
This acquisition comes at a significant moment as the retail landscape continues to evolve. With the increasing preference for contactless payments and automated services, laundromat owners often seek solutions that can simplify their operations while enhancing their customers’ experiences. PayRange's extensive expertise in unattended retail solutions uniquely positions it to meet this demand. The company boasts millions of users and successful integration across thousands of machines, establishing it as a trusted partner in the industry.
Turns, on the other hand, has made its mark by replacing cumbersome management tasks with AI-driven automation, real-time insights, and seamless payments. The approach is centered around clarity and control for operators, enabling them to focus less on operational hassles and more on growing their business. The platform encourages simplicity and efficiency by eliminating the need for spreadsheets, customer relationship management (CRM) systems, and timesheets.
As PayRange and Turns embark on this transformative journey, their collaboration signals a significant leap forward in laundromat technology. The futuristic vision they share not only regards payment processing but aims to revolutionize overall laundromat operations. Through continuous innovation and commitment to excellence, they are set to lead the way in defining the future landscape for laundromats.
With PayRange's foresight in unattended retail and Turns' focused solutions for laundromats, this partnership will likely serve as a vital force in redefining how operators engage with their customers, manage their businesses, and ultimately maximize their potential for growth and success. The implications of this acquisition will surely be felt across the industry for years to come, marking a new era for laundromat technology.
By merging PayRange's robust payment platform with Turns’ advanced operating system, this new venture offers an all-inclusive solution for both small and multi-location laundromats. The combined system not only streamlines machine payments but also integrates essential business management functions such as point-of-sale systems, delivery and pickup management, and customer engagement tools.
The primary goal of this acquisition is to simplify operations for laundromat owners. Traditionally, managing multiple systems often led to inefficiencies and increased costs, particularly when operators had to utilize card systems with poor integrations. The new platform is set to eliminate these challenges by providing a unified interface that covers every aspect of laundromat operation. Key features include Wash-Dry-Fold (WDF) service management, real-time analytics, payroll processing, and enhanced customer experience functionalities—all accessible in one user-friendly location.
Sukanth Srivastav, Founder of Turns, emphasized the significance of this partnership. He stated, "Our platform was built to redefine laundromat management. Now, with PayRange, we can realize this vision on a larger scale, empowering laundromat owners with tools to elevate their operations and customer service experience." The ambition is ambitious; over the next two years, the plan is to support more than 5,000 laundromats nationwide, positioning the new alliance as the definitive authority in laundromat technology.
Paresh Patel, Founder and CEO of PayRange, shared his enthusiasm about this acquisition, noting, "We are not just enhancing our capabilities; we are establishing the foremost laundromat platform in the U.S. This endeavor presents unmatched growth opportunities while aiming for top-tier service.'
This acquisition comes at a significant moment as the retail landscape continues to evolve. With the increasing preference for contactless payments and automated services, laundromat owners often seek solutions that can simplify their operations while enhancing their customers’ experiences. PayRange's extensive expertise in unattended retail solutions uniquely positions it to meet this demand. The company boasts millions of users and successful integration across thousands of machines, establishing it as a trusted partner in the industry.
Turns, on the other hand, has made its mark by replacing cumbersome management tasks with AI-driven automation, real-time insights, and seamless payments. The approach is centered around clarity and control for operators, enabling them to focus less on operational hassles and more on growing their business. The platform encourages simplicity and efficiency by eliminating the need for spreadsheets, customer relationship management (CRM) systems, and timesheets.
As PayRange and Turns embark on this transformative journey, their collaboration signals a significant leap forward in laundromat technology. The futuristic vision they share not only regards payment processing but aims to revolutionize overall laundromat operations. Through continuous innovation and commitment to excellence, they are set to lead the way in defining the future landscape for laundromats.
With PayRange's foresight in unattended retail and Turns' focused solutions for laundromats, this partnership will likely serve as a vital force in redefining how operators engage with their customers, manage their businesses, and ultimately maximize their potential for growth and success. The implications of this acquisition will surely be felt across the industry for years to come, marking a new era for laundromat technology.
Topics Consumer Products & Retail）
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