COVID-19 with its accompanying protocols such as living socially distanced has affected businesses and life as we know it. However, there is always an opportunity to pivot with the right resources and in this episode with Paresh Patel we will learn about “Touchless Technology in a Socially Distanced World.”
Here are three reasons why you should listen to the full episode:
- To learn what Touchless Technology is.
- Discover how Touchless Technology can fit and benefit the business models of today.
- Learn how Pay Range has been impacting people’s lives and businesses.
Episode Highlights
What is Touchless Technology
Paresh describes touchless technology as being able to send payment without having touched a machine such as a laundering or vending machine.
PayRange was established in 2015 to eliminate unnecessary contacts with these kinds of machines.
Ahead of the game
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- Pay Range was developed well ahead of its game and is especially useful as we maneuver this pandemic in 2021. It uses a mobile application and dongle to allow customers to make payments virtually.
- Necessity is the mother of invention and this holds true as it was a personal experience that motivated Patel to develop Pay Range.
- Most, if not all people have a story of experiencing difficulty when using vending machines and Pay Range helps to limit these inconveniences.
Does Touchless Technology fit into the world of the digital divide?
- Paresh highlights that his product is mainly used by members of the underserved community; however, having a smart device makes them eligible to reap the benefits of the application.
3 Powerful Quotes from This Episode
“Sometimes the people who are impacted most are the people with fewer options.”
“I have everything I need.”
“We innovated and found a way to make it all happen.”
About Paresh Patel
Paresh Patel is the Founder and CEO of PayRange, patented technology with over 3 million users worldwide. Pay Range allows smartphones to make touchless, socially distanced payments on any person, place, or thing. Paresh began his technology career in solving business problems at the tender age of 17 by applying technology in a previously unused manner to fix a broken soda machine. Patel has spearheaded a company that ranked 83rd on Deloitte’s Technology Fast 500™ and has secured a growth rate of 1,325% during the past three years.
Have specific questions? You can reach out and follow Paresh on LinkedIn.
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