Fintech platform provider Handle Financial announced this week that its cash transaction network PayNearMe has aligned itself with stored value card management company Blackhawk Network. The partnership will give PayNearMe access to Blackhawk’s network of retail partners.
At launch, the first retailer to take advantage of the new alliance is Casey’s General Stores, a Midwest chain with nearly 2,000 locations that operates in 15 states. The addition of Casey’s to PayNearMe’s already 28,000 brick-and-mortar retail locations will allow more rural Americans to make electronic payments to more than 17,000 billers using cash.
Danny Shader, PayNearMe CEO and founder said, “Blackhawk Network is an outstanding provider of branded value and works with some of the largest, most specialized and unique retailers in the world… Together, we can help ensure that all payment methods are considered equal and easy to use.”
Founded in 2009, PayNearMe enables consumers to pay bills using cash by scanning a barcode on their smartphone. The company has partnerships with physical retail locations such as 7-Eleven, Ace Cash Express, and Family Dollar stores. At FinovateSpring 2013, PayNearMe debuted its white-label treasury services product.
Handle Financial launched the Handle Platform at FinovateSpring 2017. The Handle Platform helps companies integrate bill presentment and same-day bill payment technology into their existing platform. Handle Financial also hosts PayNearMe and the Prism API, which it began offering after it acquired Prism Money, a PFM platform, in May of 2016. Visa was the first client to leverage the Prism API.
