Latest news with #RodCastellanos
Yahoo
2 days ago
- Business
- Yahoo
CSC ServiceWorks Taps PayRange to Unlock Instant Pricing Power and New Profits
The commercial washers and dryers will be transformed into modern, connected assets enabling powerful revenue management and consumer engagement. PORTLAND, Ore., June 10, 2025 /PRNewswire/ -- PayRange LLC, the category‑defining commerce platform for unattended retail, today announced a landmark agreement with CSC ServiceWorks, the world's largest commercial laundry operator. Under the long-term partnership, CSC will retrofit its washers and dryers with PayRange technology, converting traditional appliances into smart, connected assets that can be priced, promoted, and managed in real-time. The PayRange technology is fully integrated with CSC's One Tap Away (OTA) consumer app which also enables rich experiences for residents. "After exhaustive testing of every credible solution—including building our own at one point—we chose to partner with PayRange because it's the only fully featured platform in the market. It goes far beyond payment acceptance to deliver real‑time revenue management, dynamic pricing, consumer engagement, and deep operational intelligence in one unified solution, exactly what we need to modernize and grow our business." said Rod Castellanos, Chief Executive Officer of CSC ServiceWorks. "Connecting our machines to one unified platform lets us optimize pricing in minutes instead of months, launch targeted promotions instantly, and deliver the mobile convenience today's residents expect. Above all, it gives our property partners and investors clear proof that CSC is leading the digital transformation of the laundry industry." "CSC is widely regarded as the gold standard in commercial laundry," added Paresh Patel, Founder and CEO of PayRange. "Their decision to partner with PayRange validates a decade of relentless innovation. Together we will set a new benchmark for revenue management, operational efficiency, and consumer experience across unattended retail." A New Operating Model for Laundry Real‑time revenue management: Cloud pricing, demand‑based promotions, and overnight portfolio‑wide price updates replace costly, multi‑year laborious reprice efforts. Data‑driven marketing & loyalty: PayRange's in‑app offers, gamification, and loyalty program drive repeat usage and lift same‑store sales. Lower total cost of ownership: Installation is retrofit into existing machines at a fraction of the cost of card reader solutions; PayRange hardware snaps into existing coin‑ and card‑operated machines in minutes. Enterprise‑grade analytics: Unified APIs give CSC the power to build its own applications and dashboards empowering management with live insights into machine health, consumer usage patterns, and revenue trends all the while retaining ownership of data. Roll‑Out Timeline CSC began upgrading its machines in 1Q2025, launching a deployment of technology which will improve convenience for more than 40 million end users across the U.S. and eliminate millions of dollars in manual collection and price‑change labor annually. About CSC ServiceWorks: CSC ServiceWorks is the leading provider of commercial laundry solutions and air‑vending services in North America, managing over one million machines and serving 40 million residents, consumers, property managers, and owners every day. Founded in 1948 and backed by approximately 2,200 dedicated professionals, CSC delivers consistent innovation and people‑focused service across multifamily, hospitality, education, and convenience channels. Learn more at About PayRange: PayRange is revolutionizing the unattended retail industry with its advanced end-to-end IoT platform, offering a diverse ecosystem of connected solutions that enable seamless payment, identity verification, and commerce. By modernizing businesses with integrated cashless payment options, real-time analytics, and all-in-one POS systems, PayRange empowers operators to increase revenue, reduce operational expenses, and enhance customer experiences. With millions of users and seamless integration across thousands of machines, PayRange is the go-to solution for unattended retail, redefining the future of contactless payments. Media Contact:Stephanie Cordisco(503) 974-8228396482@ View original content to download multimedia: SOURCE PayRange
Korea Herald
21-05-2025
- Business
- Korea Herald
LG PARTNERS WITH CSC SERVICEWORKS TO BOOST NORTH AMERICAN COMMERCIAL LAUNDRY MARKET
Company to Supply Commercial Washers and Dryers to North America's Leading Provider of B2B Laundry Solutions SEOUL, South Korea, May 21, 2025 /PRNewswire/ -- LG Electronics (LG) has signed a distribution agreement with CSC ServiceWorks (CSC), the North American market leader in laundry solutions, to supply its commercial washers and dryers. The new agreement will further strengthen LG's presence in the North American commercial laundry market and accelerate the expansion of its growing B2B appliance business. CSC, headquartered in New York, is the largest B2B laundry solutions provider in North America, supplying and managing over 1 million commercial washers and dryers across the U.S. and Canada. The agreement was formalized at a signing ceremony attended by Sam Kim, vice president of LG's Home Appliance Solution Company, and Rod Castellanos, CEO of CSC, highlighting the significance of this strategic collaboration for both companies. This partnership marks a significant step for LG as it seeks to expand its presence and grow awareness of its outstanding laundry products and tailored B2B solutions in the highly competitive North American commercial appliance market. It is also expected to accelerate the growth of LG's home appliance business, which continues to dominate the global market through its commitment to quality and leadership in design and technology innovation. For CSC, the agreement ensures a stable supply of high-efficiency LG products – all designed to provide easy maintenance and maximum operational efficiency in demanding commercial environments. LG commercial laundry solutions incorporate its advanced Inverter Direct Drive™ motor, delivering premium performance, durability and efficiency. The machines also feature LG's innovative 3D Gyro Sensor and Gyro Balancing System, which precisely monitor drum movement to reduce unnecessary motion, vibration and noise – extending component lifespan and ensuring smooth, stable operation. Ideal for high-usage environments, the units offer fast cycle times, rapid spin initiation and a front-access design that simplifies maintenance by allowing most servicing to be done without disassembly, minimizing downtime and improving technician efficiency. The partnership with CSC is the latest milestone in LG's ongoing efforts to lead the commercial laundry market. Additionally, in November 2024, the company unveiled the LG Professional lineup of large-capacity commercial washers and dryers at Texcare in Germany. Fully committed to servicing the B2B market, LG now boasts a full portfolio of commercial laundry solutions, from compact units to larger models with capacities exceeding 15 kilograms. "We are thrilled to partner with one of the leading B2B laundry solution providers in North America and look forward to delivering new customer value through this strategic collaboration," said Lyu Jae-cheol, president of the LG Home Appliance Solution Company. "Leveraging our industry-leading technologies and stellar brand reputation, we will continue to strengthen our leadership in the commercial laundry appliance market." About LG Electronics Home Appliance Solution Company The LG Home Appliance Solution Company (HS) is a global leader in home appliances and AI home solutions. By leveraging industry-leading core technologies, the HS Company is committed to enhancing consumers' quality of life and promoting sustainability. The company develops thoughtfully designed kitchen and living appliance solutions and has recently integrated LG's Robot Business Division to incorporate advanced robot technologies into its home solutions. Together, these products offer enhanced convenience, exceptional performance, efficient operation and sustainable lifestyle solutions. For more news on LG, visit
Yahoo
21-05-2025
- Business
- Yahoo
LG PARTNERS WITH CSC SERVICEWORKS TO BOOST NORTH AMERICAN COMMERCIAL LAUNDRY MARKET
Company to Supply Commercial Washers and Dryers to North America's Leading Provider of B2B Laundry Solutions SEOUL, South Korea, May 21, 2025 /PRNewswire/ -- LG Electronics (LG) has signed a distribution agreement with CSC ServiceWorks (CSC), the North American market leader in laundry solutions, to supply its commercial washers and dryers. The new agreement will further strengthen LG's presence in the North American commercial laundry market and accelerate the expansion of its growing B2B appliance business. CSC, headquartered in New York, is the largest B2B laundry solutions provider in North America, supplying and managing over 1 million commercial washers and dryers across the U.S. and Canada. The agreement was formalized at a signing ceremony attended by Sam Kim, vice president of LG's Home Appliance Solution Company, and Rod Castellanos, CEO of CSC, highlighting the significance of this strategic collaboration for both companies. This partnership marks a significant step for LG as it seeks to expand its presence and grow awareness of its outstanding laundry products and tailored B2B solutions in the highly competitive North American commercial appliance market. It is also expected to accelerate the growth of LG's home appliance business, which continues to dominate the global market through its commitment to quality and leadership in design and technology innovation. For CSC, the agreement ensures a stable supply of high-efficiency LG products – all designed to provide easy maintenance and maximum operational efficiency in demanding commercial environments. LG commercial laundry solutions incorporate its advanced Inverter Direct Drive™ motor, delivering premium performance, durability and efficiency. The machines also feature LG's innovative 3D Gyro Sensor and Gyro Balancing System, which precisely monitor drum movement to reduce unnecessary motion, vibration and noise – extending component lifespan and ensuring smooth, stable operation. Ideal for high-usage environments, the units offer fast cycle times, rapid spin initiation and a front-access design that simplifies maintenance by allowing most servicing to be done without disassembly, minimizing downtime and improving technician efficiency. The partnership with CSC is the latest milestone in LG's ongoing efforts to lead the commercial laundry market. Additionally, in November 2024, the company unveiled the LG Professional lineup of large-capacity commercial washers and dryers at Texcare in Germany. Fully committed to servicing the B2B market, LG now boasts a full portfolio of commercial laundry solutions, from compact units to larger models with capacities exceeding 15 kilograms. "We are thrilled to partner with one of the leading B2B laundry solution providers in North America and look forward to delivering new customer value through this strategic collaboration," said Lyu Jae-cheol, president of the LG Home Appliance Solution Company. "Leveraging our industry-leading technologies and stellar brand reputation, we will continue to strengthen our leadership in the commercial laundry appliance market." About LG Electronics Home Appliance Solution Company The LG Home Appliance Solution Company (HS) is a global leader in home appliances and AI home solutions. By leveraging industry-leading core technologies, the HS Company is committed to enhancing consumers' quality of life and promoting sustainability. The company develops thoughtfully designed kitchen and living appliance solutions and has recently integrated LG's Robot Business Division to incorporate advanced robot technologies into its home solutions. Together, these products offer enhanced convenience, exceptional performance, efficient operation and sustainable lifestyle solutions. For more news on LG, visit View original content to download multimedia: SOURCE LG Electronics, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
