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PayNearMe

Welcome to the News View for "PayNearMe".

Here, on these archive pages, you'll find all of the articles on Payments News for PayNearMe listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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May 27, 2014

Headline News from PaymentsNews.com - May 27, 2014

On the Web:

On the Wires:

  • Intuit to Acquire Check - "Intuit Inc. today announced it has entered into a definitive agreement to purchase Check, a Palo Alto, Calif.-based leader in mobile bill pay that serves 10 million registered users."
  • Punjab Social Security Program Designed to Bring Financial Inclusion to Millions - "Financial inclusion in Pakistan got a boost today with the announcement that MasterCard and the Bank of Punjab have launched a Social Security Program to automate and streamline government disbursement, subsidy and assistance programs. This first-of-its-kind initiative is aimed at driving financial inclusion specifically in Punjab – the largest province in Pakistan."
  • TSYS Extends Payments Agreement with Canadian Tire - “TSYS has been a great partner through the years, working closely with us to understand our needs as we continue to grow and expand our payments programs,” said Bonnie Agosthino, vice president, CTC and CTFS Delivery for Canadian Tire.
  • iPayment Partners with VeriFone to Bring Next Generation POS to Main Street Merchants - "iPayment POS is designed for the more than 150,000 small business merchants iPayment currently serves directly, through independent sales organizations (ISOs) and other multiple direct distribution channels throughout the U.S."

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

February 06, 2014

PayNearMe Closes $20 MM Financing Round

Paynearme 140pxPayNearMe has announced that it has closed a $20 million round of financing led by GSV Capital. August Capital, Khosla Ventures, Maveron and True Ventures also participated in the round. PayNearMe will use the funds to continue expansion into existing categories while launching into new vertical markets.

At PayNearMe, we have made it a priority to level the playing field by making it easy for every consumer to participate in the digital economy, even if they prefer to pay for goods and services with cash," said Danny Shader, CEO of PayNearMe. "Our powerful transaction platform adapts to suit the specific needs of a variety of businesses and organizations that want to accept cash payments remotely."
PayNearMe is the simplest, quickest, and most convenient way for consumers to pay bills and rent, repay loans, buy tickets and make online purchases with cash. PayNearMe caters to the 60M to 100M Americans who need or prefer to pay with cash. To make a PayNearMe payment, consumers simply bring their payment code to one of over 17,000 participating retail locations, including 7-Eleven® stores nationwide, and pay with cash at the register. Additionally, PayNearMe offers the only mobile cash-payment option for consumers.

November 19, 2013

Headline News from PaymentsNews.com - November 19, 2013

On the web:

  • Mapping Bitcoin - New York Times Bits Blog - "One striking thing about the map: Bitcoin is increasingly a Chinese craze."
  • Bitcoin: More than Money - Reason.com (Jerry Brito) - "At its core, Bitcoin is a completely decentralized ledger system. It can be thought of as a massive online version of an accountant's book in which transactions are recorded by deducting from one account and adding to another."
  • Buying Your Holiday Gifts With Bitcoin AVC.com (Fred Wilson) - "When the citizens of the world will be able to buy and sell from each other and from retailers of all shapes and sizes via Bitcoin, then we will have truly realized the potential of a global digital currency."
  • Regulators See Value in Bitcoin, and Investors Hasten to Agree - New York Times - "The virtual currency bitcoin took a big step toward the mainstream on Monday as federal authorities signaled their willingness to accept it as a legitimate payment alternative."
  • Authorities See Worth of Bitcoin - Wall St. Journal - "Senior U.S. law-enforcement and regulatory officials said they see benefits in digital forms of money and are making progress in tackling its risks."
  • This Senate hearing is a Bitcoin lovefest - Washington Post - "All three Obama administration officials expressed concern about Bitcoin being used for illicit uses. But they also stressed that Bitcoin has important legitimate uses and that regulators need to be careful not to stifle innovation in virtual currencies."
  • IngoMoney cashes in $8.4M from Camden Partners - Atlanta Business Journal - "Ingo's algorithms decide in real time whether or not it's a safe risk for a customer bank to accept a check."
  • A Day in the Life of Getting Isis Mobile Payments Up & Running - "Since the ISIS mobile payment platform launched nationwide last week, I decided to give it a try."
  • PR Agencies: What the Visa Shakeup Could Mean for the Industry - "But Visa is the first to draw a line in the sand and have their internal workforce add the work of three agencies to their assumedly already packed to-do lists, choosing not to outsource at all."

On the wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

October 22, 2012

January 23, 2012

August 31, 2011

May 18, 2011

May 10, 2011

November 08, 2010

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