How they describe themselves: PayNearMe is an innovative payment system that offers the unbanked, underbanked and people who do not have a credit or debit card or who prefer to pay with cash the ability to safely and easily conduct remote transactions such as online shopping, money transfer, loan repayment, ticket purchases and more.
What they think makes them better: Since over one quarter of American households do not have a credit or debit card, PayNearMe can significantly increase our partners’ businesses. How? PayNearMe combines a retail load network with an innovative application development platform, the combination of which offers cash-oriented consumers a faster, more convenient, and often far less expensive way to pay for remote transactions than existing cash payment mechanisms. It also allows merchants (payees) to build new applications that would not be possible with existing payment systems.