PayRange, a provider of mobile payment solutions and hardware for automated retail, has resolved its patent dispute with Nayax Ltd. PayRange dismissed the case on March 10, 2025.
In a LinkedIn post, Paresh Patel, PayRange founder and CEO, said:
PayRange has reached another settlement, this time with Nayax, resolving an IP infringement lawsuit we initiated. This latest #settlement marks our fifth successful resolution, underscoring both the strength of our intellectual property portfolio and our ongoing commitment to fostering amicable solutions within the industry.
At PayRange, #innovation is at the heart of everything we do. Protecting our ideas through robust #IP rights ensures that we continue to invest confidently in groundbreaking technology that benefits our customers and the industry as a whole.
