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This name is ideal for a technology organisation.
PayRack has seven letters and only two syllables. Two syllable names make popular global brands. Two syllable names are used by established brands like Dropbox, Starbucks and Apple.
Payrack.com is a .com domain. Dot com domains are synonymous with websites. Owning a .com says that you own the word "PayRack" online.
One suggestion for how this name could sound when used.