Progressive Payment Systems

What Progressive Payment Systems does

Progressive Payment Systems LLC is a privately held, Carson, California-based provider of electronic payment systems and related services exclusively for the commercial coin laundry industry. The company sells and services a portfolio of payment hardware — card readers, washer and dryer control boards, bill acceptors, card dispensers, and coin changers — installed in laundromats ranging in size from single-reader deployments up to 10,000+ square foot facilities.

The business operates a vertically specialized model: rather than competing in the broad unattended payments market, PPS positions itself as a domain expert that advises operators on which payment system brand and configuration best fits each store, then delivers the hardware, performs the installation, provides ongoing technical support, and repairs the equipment with a stated quick turnaround time. Onsite installation and service support are limited to a defined regional service area, and sales are driven by direct phone and email engagement supplemented by the ppscard.com website.

Revenue is generated through three streams: (1) hardware sales of electronic payment components, (2) professional repair services for those components, and (3) onsite installation and technical support services. Pricing is not publicly disclosed and is set via direct contact and custom recommendations. The company has 11-50 employees, was founded in 2018, operates as an independent LLC with no disclosed parent company, institutional investors, or external funding rounds, and has no publicly disclosed revenue. There are no published AI/ML capabilities, patents, certifications, named enterprise customers, or strategic partnerships in the available source material.

Name

Progressive Payment Systems

Legal name

Progressive Payment Systems LLC

Website

https://ppscard.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Progressive Payment Systems LLC is a Carson, California-based provider of electronic payment hardware and repair, installation, and technical support services exclusively for commercial coin laundromat operators in a defined regional service area.

Ownership category

akta.pro rank

Product category

Commercial Laundry Payment Systems

NAICS

Coin-Operated Laundries and Drycleaners (81231)

SIC

Wholesale-Professional & Commercial Equipment & Supplies (5040)

akta.pro primary industry

Card/App-Based Self-Service Laundromats (HSAJAAAB)

Keywords

• Coin laundry payment systems
• Commercial laundry card readers
• Laundromat payment hardware
• Cashless laundry solutions
• Commercial laundry equipment repair

Headquarters

HQ city

Carson

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Electronic Payment Hardware Sales: Sale of electronic payment systems including card readers, control boards, bill acceptors, card dispensers, and coin changers for commercial laundry machines
2. Repair Services: Repair services for payment system components with quick turnaround time
3. Installation Services: Onsite installation services from single reader to large commercial laundromat installations

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Progressive Payment Systems sells and services electronic payment hardware for commercial coin laundry machines, including card readers, control boards, bill acceptors, card dispensers, and coin changers. It complements hardware sales with repair, onsite installation, and technical support services for commercial laundromat operators within its regional service area.

Product overview

Progressive Payment Systems is a specialized service company focused on modern electronic payment systems for the commercial coin laundry industry. The company offers a portfolio of payment hardware products including card readers, control boards, bill acceptors, card dispensers, and coin changers, complemented by comprehensive services including repairs, onsite installation, and technical support. Their core offering is the electronic payment system for commercial laundry machines, with expertise in guiding customers to select the most viable payment solution based on their specific business needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Electronic Payment Systems for Commercial Laundry Machines Modern electronic payment systems designed for commercial laundry machines in the coin laundry industry, enabling cashless payment through card readers, bill acceptors, and coin changers. Targeted at commercial laundromat operators.
• Repair Services for Laundry Payment Equipment Repair services for payment system components including card readers, washer and dryer control boards, bill acceptors, card dispensers, coin changers, and most other electronic devices used in commercial laundry environments, with quick turnaround time.
• Onsite Service and Installation Onsite service support and installation services for regional customers, ranging from single reader installs to full 10,000 sq ft commercial laundromat installations.
• Onsite Technical Support Onsite technical support and assistance for electronic payment systems in commercial laundry environments, providing direct, hands-on troubleshooting for operators.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators1 record

Recent moves3 records

Expansion highlights3 records

Direct peers

• PayRange: Mobile app-based payment platform for laundromats, vending, and other unattended machines. Directly competes with PPS by enabling cashless payment on commercial laundry equipment without traditional card-reader hardware.
• Five Star Laundromat Solutions: Regional distributor and service provider of laundry equipment and payment systems for commercial laundromats. Comparable business model combining sales, installation, and service similar to PPS.
• KioSoft Technologies: Provider of unattended payment solutions including card readers, mobile payment, and management software for laundry, vending, and amusement. Closely comparable to PPS in the commercial laundry payment hardware niche.
• Laundroworks: Cashless payment and laundromat management platform offering card readers, mobile payment, and remote monitoring for commercial laundry operators. Competes head-to-head with PPS in the coin-to-cashless transition.
• Card Reader Inc. Manufacturer and supplier of unattended payment hardware including card readers and kiosks, targeting laundromats, car washes, and vending. Competes with PPS on the hardware side of the same value chain.
• Coinless Solutions: Cashless payment systems specifically designed for laundromats, offering card readers and kiosks as a direct replacement for coin operation. Overlaps directly with PPS's product set.

Emerging players

• Cents: All-in-one laundromat management and payments platform with mobile integration, marketing, and analytics. Software-led approach to the same cashless modernization problem PPS addresses with hardware.
• GreenPayment Inc. Cashless payment solutions for laundromats offering card and mobile payment hardware. Smaller emerging competitor targeting the same modernization opportunity as PPS.

Broad incumbents

• Cantaloupe Systems (USA Technologies): Large-scale unattended retail payment and IoT platform serving vending, amusement, and laundry. A broader incumbent with significant cashless payment footprint overlapping PPS's customer verticals.

Regional players

• Detergent Tech Solutions: East Coast-based coin laundry equipment and payment system provider offering sales, service, and installation. Same business model as PPS but in a different U.S. geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/progressive-payment-systems

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Progressive Payment Systems