SUNNYVALE, Calif. — Payment services provider PayNearMe has launched an expanded system designed to accept cash, debit, credit and ACH payments. The update also brings new features such as payment reminders and mobile wallet integration.
The PayNearMe system was initially designed to accept cash from underserved consumers for online goods and services at more than 27,000 retail locations nationwide. PayNearMe was designed to greatly reduce the expense and operational challenges of accepting cash while providing consumers a fast, easy way to make payments.
With the launch of new payment capabilities, merchants can now securely accept and manage all types of payments, driving more on-time payments, and the mobile-first design offers a simple and intuitive user experience that makes paying faster and more convenient, according to the company.
“PayNearMe has consistently delivered innovative yet simple payment solutions to address lenders’ most pressing needs,” said Danny Shader, CEO of Handle Financial and founder of PayNearMe. “Today, we are introducing the industry’s first complete payment platform, putting cash, debit, credit, and ACH all together in one single trusted platform, along with payment reminders and mobile wallet integration. It has never been easier for lenders to process all of their payments while delivering an outstanding mobile-first experience to their customers.”