PayNearMe has announced
a mobile option for "consumers who prefer to pay cash for e-commerce purchases, loan re-payments, e-wallet loads and a wide variety of other everyday transactions." Using only their mobile phones and the new, free PayNearMe Card, consumers can complete transactions without requiring access to a printer. This video demonstrates
the entire consumer experience.
In related news, PayNearMe also announced it has received another $16 million in venture funding and is expanding its board.