PayNearMe

What is PayNearMe and what do they do?

PayNearMe builds technology to transform the payment experience for non-commerce businesses and their customers.

With PayXM™, its platform purpose-built for Payment Experience Management, PayNearMe helps organizations simplify and optimize every touchpoint of the payment journey — from the moment a customer decides to pay to how that payment is processed, reconciled and supported behind the scenes.

Unlike traditional payment providers that focus primarily on processing transactions, PayNearMe focuses on the experience surrounding those transactions. By improving the experience for everyone involved — customers making payments, agents assisting them and operations teams managing them — businesses can accelerate payments, reduce friction and lower the total cost of acceptance.

Through a single platform, contract and integration, PayNearMe supports all major payment types and channels, including PayPal, Venmo, Cash App Pay, Apple Pay, Google Pay, cards, ACH and cash at more than 62,000 retail locations across the U.S.

The platform enables seamless payment experiences across digital and physical channels — web, mobile, text, IVR and in-person — while also supporting capabilities like digital disbursements, real-time tracking and automated workflows.

At its core, PayNearMe is redefining payments — not as a transaction to process, but as an experience to manage.

Who is it for?

PayNearMe is designed for organisations managing recurring or consumer-facing payments across multiple industries. It’s particularly suited for:

• Consumer finance and lending, enabling secure loan repayments in cash, card, or digital formats.
• Property management and utilities, streamlining regular bill payments and reminders.
• Insurance, municipalities, and tolling authorities, improving collection efficiency and convenience for payers.
• iGaming and sports betting, facilitating deposits and payouts through cash or digital wallets.
• Retail and e-commerce, supporting multi-channel and alternative payment preferences.

Its network and API flexibility make it accessible to businesses of any size — from regional service providers to national enterprises — that want to serve customers who prefer cash, digital wallets, or omnichannel payment options.

Why do businesses choose PayNearMe?

Businesses select PayNearMe for its comprehensive coverage, convenience, and reliability across payment types and touchpoints. Confirmed advantages include:

• All-in-one platform: Centralises cards, ACH, wallets, and cash payments under one system.
• Customer convenience: Lets customers choose how, when, and where to pay, improving on-time payments.
• Automated workflows: Reduces manual work through reminders, recurring payments, and real-time reconciliation.
• Cash payment network: Patented barcode technology supports cash payments at 60,000+ retail outlets.
• High reliability: Built on advanced cloud infrastructure with zero-downtime deployments.
• Strong security: PCI DSS compliance, data encryption, and tokenisation protect every transaction.

Businesses using Corefy can connect their PayNearMe MID to the platform’s dashboard in a few clicks, gaining unified access to routing, reconciliation, and reporting without additional integration work.

Is PayNearMe trustworthy?

PayNearMe is a licensed money transmitter (PayNearMe MT, Inc.) operating under strict financial and data protection regulations. It is fully PCI DSS compliant and employs encryption and tokenisation to safeguard sensitive information throughout the payment process.

The company’s credibility is reinforced by its partnerships with major retailers and clients in regulated sectors like finance, utilities, and iGaming — where security and compliance are essential. PayNearMe has been recognised with multiple industry awards, including Best Consumer Payments Platform (FinTech Breakthrough Awards 2023), and raised $50 million in Series E funding (2025) to expand its product suite and innovation capacity.

With its proven technology, trusted partnerships, and focus on accessibility, PayNearMe stands as a reliable, secure, and inclusive payment solution connecting digital and cash economies across the United States.