In this new series, we're going behind the scenes at PayNearMe to learn about the people that make our platform shine. In today's interview, we sit down with Lauren Hasson, Senior Software Engineer, to chat about her role in the company, key projects and her outlook for the future of payments.
The buzz around Apple Pay is no longer constrained to the retail sector. With customer adoption growing and the demand for digital payment types rising, merchants from all industries are starting to realize the benefits of Apple Pay in their payment mix.
Push payments are a faster way to get funds into the hands of your customers by using existing debit card networks. Learn more about using them for loan disbursements.
In bill pay, ACH and debit cards have long reigned as the most popular payment methods for consumers. But what about customers who would rather pay with cash?
IVR has long been an essential payments channel for lenders and merchants. But given the state of payments technology in 2020, are IVR payments still required today?
For organizations that depend on call centers to field customer questions and accept payments, the COVID-19 pandemic has presented unique challenges - compliance being one of the main ones.
Text messaging has staggering adoption rates in the US, making it the perfect channel for payments. See how Pay by Text can help your business get paid on time.
In the past decade we’ve seen a significant rise in the prevalence of recurring payments. Part of this is due to increased consumer adoption of electronic payments, while the popularity of services such as Netflix, Amazon Prime, Microsoft Office 365 and others have made recurring billing the norm for subscriptions.
COVID-19 is changing the way credit unions interact with members. Face-to-face interactions, which have been a defining feature of many credit unions when compared to conglomerate banks, have lost their potency in a time of social distancing, stay at home orders and work from home dynamics. In particular, many traditional loan repayment processes have been thrown into disarray.
Your customers want to be able to use a debit card to make online bill payments. Here’s how you can give them the seamless experience they expect and payment choice they deserve.
When your customers prefer cash to pay their bills, your organization should streamline their experience by enabling a pay with cash online option. Learn how.
The recent COVID-19 pandemic has reminded lenders and financial institutions of the importance of having a business continuity plan. But more specifically, it’s showing that we also need specific plans for critical functions of the business. How will you run your business if you can no longer get paid?
The following excerpt is from an interview between Dan Dolev, Research Analyst at Macquarie and Danny Shader, CEO of PayNearMe at The Montgomery Summit 2020. The video has been uploaded to YouTube and included below, courtesy of The Montgomery Summit and MontyTV.
One of the most important decisions to make when choosing a payments partner is understanding your card processing options. Understanding which pricing models are available and how they’ll affect your rates can make a big difference in your bottom line, especially if you’re dealing with slim margins. And while many models exist, most payment processors will offer three popular choices: interchange plus, fixed rate and tiered pricing. Let’s dive into all three and see which is the best fit for your business.
Consumer lending is a changing landscape in 2020, with the rise of fintech and other key technological concepts. Take a look at the consumer lending industry trends for 2020.