PayNearMe is simple for your customers and simple for you

PayNearMe is the cash transaction network that makes it easy for payees to accept cash payments quickly and easily through any of 17,000 participating 7-Eleven, Family Dollar, and ACE Cash Express stores nationwide.

Customers can go to their local 7-Eleven or Family Dollar store at any time of day or night and make a payment in less than 60 seconds. PayNearMe offers a cost effective, convenient way for customers to pay for online purchases, repay loans, pay rent and much more with cash.

PayNearMe follows a simple 3-step process. After selecting an item online to purchase or a payment to make, customers select paynearme as the payment option, print a PayNearMe PaySlip or Card, and then pay at a local store.

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Once the PayNearMe PaySlip is scanned or Card is swiped and payment is made, the merchant is immediately notified that good funds have been received. Whether it is an online or over-the-phone purchase, a rent payment or any form of remote commerce, the transaction is completed at the store register in real time.

Your customer walks away with a receipt that can also contain detailed information such as, purchase details, ticket information, or even a mini statement containing balance and next payment date.

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Powerful, flexible and easy to use.

We provide a general purpose platform for accepting cash payments in real-time, and allow customers to complete simple or complex transactions easily at a local store.

Technology

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The easiest way to pay with cash.

Our smartphone simulation demonstrates how PayNearMe is integrated into a online store's check-out process or payments page, for the easiest possible way to pay with cash.

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The team

The PayNearMe team includes many deeply experienced experts from the payments, web, and retail IT worlds. We’re all extremely passionate about serving businesses who want to give consumers a better, faster and cheaper way to pay for transactions with cash.

Danny Shader founded PayNearMe and serves as CEO. Previously, he led Accept.com, the first consumer-to-consumer payment service, which Amazon.com acquired in 1999, and Good Technology, Inc., which Motorola acquired in 2007. Prior to starting Accept.com, he served as Vice President of Partner and Developer Relations at Netscape Communications Corporation. He earned a B.S. in Industrial Engineering and Operations Research from the University of California at Berkeley in 1984 and an M.B.A. from Stanford University in 1989.

Dave Litwak, who has built and led high performing sales teams at companies such as Manugistics, Good Technology / Motorola and Gearworks.

Michael Kaplan is experienced in building, integrating and managing indirect sales and distribution channels. His experience includes Good Technology/ Motorola and Jasper Wireless where he headed up solution engineering and carrier integration activities globally.

Scotty Perkins, a business process engineering leader who directed operations and technology integration at FedEx Kinko's and Motorola.

John Minor, a customer-focused technologist who managed multiple products at Good Technology / Motorola and has led several customer and account support teams at enterprise-level technology organizations.

Michael Tibbott, head of engineering, has built high volume web sites such as Classifieds2000 and Project Greenlight.

Steve Capps, member of the original Macintosh team and Apple Fellow, is an expert in user interface design.

Kurt Thams has architected and built numerous electronic payment systems at startups and for Fortune 500 companies. Works include systems for international money transfer, electronic checking, credit, and prepaid debit.

Board members

The PayNearMe team includes deeply experienced experts from the payments, web, and retail IT worlds. We’re all extremely passionate.

Jon Callaghan

General Partner, True Ventures

Dan Levitan

General Partner, Maveron

Danny Shader

CEO, PayNearMe, Inc.

Mark Britto

CEO, BOKU

Board Advisor

Bill Campbell

Chairman, Intuit; board member, Apple Inc.

Investors

The PayNearMe team includes many deeply experienced experts from the payments, web, and retail IT worlds. We’re all extremely passionate about serving businesses who want to give consumers a better, faster and cheaper way to pay for transactions with cash.

August Capital

August Capital was founded in 1995 to invest in companies differentiated by technical innovation and entrepreneurial excellence. To date, the August Capital funds total $2.0 billion. August Capital's six partners have more than a century of combined venture experience and together have invested in more than 80 companies across the technology spectrum. These companies represent an aggregate market capitalization of well over $250 billion and generate in excess of $75 billion in annual revenue. The partners at August Capital were the earliest investors in a number of ground breaking technology companies including Microsoft, Intuit, Seagate, Silicon Image, Sun Microsystems, Skype, Compaq, Symantec, Sybase, Atheros, Postini, Cobalt, shopping.com, PayCycle, Grand Junction and many more. August Capital is located in Menlo Park, California.

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True Ventures

True Ventures invests in promising entrepreneurs at the earliest stages in the highest-growth segments of the technology market. The Partners at True have started over ten companies as founders, and True is designed by entrepreneurs, for entrepreneurs. The firm clearly understands both opportunities and challenges at the very early stages of development and provides young companies with a powerful, seasoned partner.

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Khosla Ventures

Khosla Ventures helps entrepreneurs deliver lasting change through technological innovation. The firm, founded in 2004 by Vinod Khosla, co-founder of Sun Microsystems, offers venture assistance, strategic advice and capital to entrepreneurs in internet, computing, mobile, silicon, and clean technology. Khosla Ventures is based in Menlo Park, California.

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Maveron

Maveron is a leading venture capital firm founded by Dan Levitan and Howard Schultz with offices in Seattle and San Francisco. Maveron's mission is to help exceptional entrepreneurs build great consumer businesses. Current representative Maveron investments include fast-growing consumer companies, such as zulily, Potbelly Sandwich Works, Pinkberry, LiveMocha and Altius Education. Monetized investments include eBay, Capella Education Company, Shutterfly and Cranium (acquired by Hasbro). Maveron has approximately $600 million under management and 22 active portfolio companies nationwide. For more information about Maveron, visit www.maveron.com.

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Endeavor Partners

Endeavor Partners is an early stage venture capital firm operated by serial entrepreneur, Michael Tanne. Our mission is to partner with promising entrepreneurs to help them build innovative and successful businesses. Having grown and led several successful ventures, Michael understands the challenges entrepreneurs face launching new businesses, and leverages his experience and insight to provide hands-on assistance in addition to capital. Endeavor Partners often provides the "ignition capital" needed to get a new venture started and helps pull together that first round of angel or early stage venture capital financing, as well as participating with institutional investors in later financing rounds.

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F & W Investments

Fenwick provides comprehensive legal services to technology and life sciences clients of all sizes, from emerging innovators to global industry leaders.

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Kapor Capital

Kapor Capital invests in early stage companies with the potential to transform markets through technical innovation and positive social impact

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Maples Investments

Maples Investments is a privately held fund focused on helping today’s most promising entrepreneurs develop tomorrow’s great business success stories. As a private investor, our involvement begins early in a company’s lifecycle – often prior to a traditional Series A round – and centers on helping start-ups achieve rapid and profitable growth as efficiently as possible. From the thousands of ideas reviewed each year, we only work with a very small number of teams, and focus our energies on helping them lay the groundwork to build long-term sustainable companies.

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GSV Capital

Launched in April 2011 by one of the world's preeminent voices on growth investing, GSV Capital Corp. offers the first publicly traded security (NASDAQ: GSVC) enabling all kinds of investors to own a piece of the world's most dynamic, VC-backed private companies.

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Contact us

PayNearMe
292 Gibraltar Drive
Suite 104
Sunnyvale, CA 94089
phone 650-930-1030
fax 650-396-7401
Business Development
phone: 650-930-1020

Customer Support
phone: 888-714-0004
Press Relations
phone: 650-930-1024

Join our Team

We do not currently have any open positions. Please check back later to see if we are hiring

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