Modernizing Cash Payments for the 21st Century

The PayNearMe Story

How we got here

Oct. 2014

PayNearMe continues to grow. We’re now 80 people strong, with employees in 11 states.

Apr. 2014

The PayNearMe family is growing and so are our headquarters in Sunnyvale, CA.

Jan. 2014

We’re now handling cash payments for property managers, consumer lending institutions, auto dealers, non-profit organizations, city and state governments, utilities companies, toll operators, online service providers, direct sellers and insurance companies.

Jan. 2014

We partner with Family Dollar, adding 8,000 payment locations in 40 states. PayNearMe can now be used at over 17,000 Family Dollar, 7-Eleven and ACE Cash Express stores nationwide.

Jan. 2014

Our payment volume triples from just a year before.

2013

Apr. 2013

PayNearMe wins Best of Show for the 3rd time at FinovateSpring, this time for a white-label cash receivables product designed for financial institutions.

Jan. 2013

We launch a self-service product for small and mid-size businesses that want to accept payments from their cash customers.

2012

Sep. 2012

We partner with ACE Cash Express, adding 1,800 new payment locations nationwide. Consumers can now make PayNearMe payments at over 8,400 retail stores.

Sep. 2012

FDIC publishes an eye-opening study stating that 28% of US households use alternative financial services, like remote cash payments. Why? Because they either don’t have access or choose not to fully rely on traditional financial institutions and credit cards.

Apr. 2012

It's all about mobile! We introduce mobile PayCode, a barcode that can be sent to a user’s smartphone and scanned as their unique account ID when they pay for rent, utilities and online purchases at participating payment locations.

2011

Dec. 2011

A number of auto dealers in Southern California start offering their cash-customers a convenient payment option called PayNearMe.

Aug. 2011

We are excited to welcome City of Fairfield – the 1st municipal utility in the US to offer its customers the ability to pay their bills with cash at local 7-Eleven stores.

May 2011

PayNearMe wins its 2nd Best of Show – this time at FinovateSpring 2011.

May 2011

Greyhound adds PayNearMe as a payment option to its website, allowing passengers to pay for bus tickets with cash at their local 7-Eleven and gains 6,200 virtual ticketing windows overnight. Greyhound’s customers are amazed that their bus ticket is printed directly onto their 7-Eleven receipt.

May 2011

We introduce PayNearMe barcodes printed directly on bills, making it even easier for consumers to make error-free payments.

May 2011

Ria Financial Services partners with PayNearMe to enable Ria Card users to transfer money using cash at a 7-Eleven.

2010

Mar. 2010

PayNearMe is awarded its 1st Best of Show award, at FinovateFall.

Sep. 2010

Progreso Financiero, provider of over 700,000 affordable credit-building loans, is one of the first businesses to offer PayNearMe to its customers.

Sep. 2010

PayNearMe launches with a payment location network of 6,200 7-Eleven stores nationwide.

2009

Mar. 2009

It all begins when a group of friends realize there must be a better way to handle cash payments remotely.