PayNearMe solves your biggest payment platform problems. Dealing with your surge in popularity among colleagues because you reduced their workload? That's on you. Are you ready for progress? Learn more: https://hubs.ly/Q02F9LFB0 #fintech #payments
PayNearMe
Financial Services
Santa Clara, California 26,911 followers
Payments, meet Progress.
About us
PayNearMe develops technology to facilitate the end-to-end customer payment experience, making it easy for businesses to accept, disburse and manage payments. Our modern and reliable platform lowers the total cost of payments by increasing acceptance rates, driving self-service and simplifying exceptions. We future-proof our clients’ payments roadmap by including all payment types and channels through a single contract and integration. Innovations such as our award-winning cash-at-retail network and Smart Link(TM) technology help move businesses from a step behind to miles ahead. With PayNearMe, businesses can transform the outdated systems holding them back from achieving progress. PayNearMe is offered by PayNearMe MT, Inc., which is a wholly owned subsidiary of PayNearMe, Inc. Follow PayNearMe on X and Facebook. © 2024 PayNearMe Inc. All rights reserved. Money transmission services are provided by PayNearMe MT, Inc, a wholly owned subsidiary of PayNearMe, Inc.
- Website
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https://home.paynearme.com
External link for PayNearMe
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- Santa Clara, California
- Type
- Privately Held
- Founded
- 2009
- Specialties
- Financial services innovation, Financially underserved, Alternative financial services, ACH, Credit, Debit, Cash, Fintech, Payments, Mobile, Desktop, and Mobile Wallets
Locations
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Primary
5201 Great America Pkwy
Suite 510
Santa Clara, California 95054, US
Employees at PayNearMe
Updates
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Time after time, PayNearMe's Smart Link™ technology makes it easy for our clients' customers to make self-service payments. Join First Union Financial and many others who are already enjoying the benefits of Smart Link™. 🔗👉 https://hubs.ly/Q02DZ9KQ0 #testimonialtuesdays #selfservice #payments
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🤔Forgetting pay dates 📄 Losing paper bills 💻Struggling to log in to or navigate the payment site These are just a few of the reasons borrowers struggle to pay bills on time. Check out Jill Conrad's commentary in Subprime Auto Finance News to learn how personalized payment links can remove some of the hurdles to timely payments. Read here: https://hubs.ly/Q02DQ5n20 #selfservice #delinquency #payments Cherokee Media Group
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Collaboration and a strong culture create a rewarding environment. Hear from Tony Robinson, our VP of Engineering, about what makes working at PayNearMe so special! Read more: https://hubs.ly/Q02CFPvH0
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Check out our latest blog post where we offer three reasons lenders should prioritize offering a modern, self-service payment experience: ⬆️ Increase on-time payments ⬇️ Reduce costs 💪 Keep up with the competition Dig in for more details: https://hubs.ly/Q02CVwlK0 #selfservice #payments #lending
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Automotive Partners Funding increased their self-service payments to 64% in less than a year by saying 'YES!' to every payment with PayNearMe. Read the full case study here: https://hubs.ly/Q02CCp8F0 #testimonialtuesdays #selfservice #payments
Case Study: Automotive Partners Funding Reduces Late Payments by More Than 50%
https://home.paynearme.com
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For banks looking to improve their customer engagement while also driving sales and revenue, the answer may come in an unexpected place: loan repayment. According to McKinsey & Company, experience-led growth strategies, such as your consumers’ payment experience, can increase customer satisfaction by 20% or more and boost cross-sell rates by 15 to 25% and share of wallet by 5 to 10%. This is great news, except when the payment experience bumps up against two major pain points. According to recent research, only 55% of financial institutions accept debit cards as a form of payment. That means almost half do not extend this convenience to borrowers repaying their loans, creating an irritant to those who want more payment options and a deterrent to potential borrowers who may not know their bank account and routing numbers, but can quickly access their debit cards for easy payment. For lenders that enable borrowers to repay their loans using debit cards, there’s another concern: the bank’s heavy dependence on card processing networks. Thirsty for more of this story? Read the full article by PayNearMe's Steve Kramer here: https://hubs.ly/Q02CmpD20
Card processing redundancy - safeguarding your bank's lending business
electronicpaymentsinternational.com