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CMOR Solutions Selects PayNearMe as Its Recommended Bill Payment Processing Platform to Enable Greater Choice and Flexibility for Lenders and Borrowers

July 6, 2020
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SANTA CLARA, Calif., July 6, 2020 – PayNearMe, the modern and reliable payments platform known for making payments easy for both businesses and customers, and CMOR Solutions LLC, a platform and systems integrator focused on driving better business processes for small and medium businesses, are pleased to announce an alliance that expands bill payment processing choice and flexibility for lenders and BHPH dealers. 

Working together, PayNearMe and CMOR implement a seamless, custom integration between a business’s selected loan servicing or dealer management platform and PayNearMe’s comprehensive and reliable bill payment processing platform when native integration is unavailable. This real-time integration means bill payments made through PayNearMe are instantly posted in the automotive software, so businesses always know the up-to-date status of their accounts.

“As a system integrator, I have worked with various technology platforms; some are easier to work with than others, based on how they’ve been developed. What sets PayNearMe apart is its modern, standards-based architecture that speeds implementation time,” said Corey Morrissey, Principal at CMOR Solutions LLC. “This partnership with PayNearMe enables our clients to seamlessly integrate a well-engineered, flexible bill payment processing platform into their chosen software.”

Upon increased demand from its clients for greater flexibility in how they collect and reconcile loan payments, CMOR Solutions selected PayNearMe as a recommended bill payment processing platform.

“By partnering with PayNearMe, we can now offer lenders and dealers more payment processing options — including cash, debit, ACH and mobile-first options such as Apple Pay. And we can do all this without resorting to complex workarounds or requiring multiple payment processing solutions,” Morrisey explained. 

Northwoods Automotive, a pre-owned auto dealership in North Charleston, South Carolina, was one of the first clients to work with CMOR to enable loan payment processing with PayNearMe. “It was important for us to be able to accept any payment tender — cash or electronic — and have those payments reconcile in real-time,” said Darrell Hood, General Manager at Northwoods Automotive. “Corey and the team at CMOR made it so easy for us. They set up a seamless integration with PayNearMe so our customers can easily make payments however they want, and we can see those payments reflected in our software as soon as they are made. We have limited internal IT resources; working with CMOR gave us all the advantages of having a team of experts at our disposal, who knew exactly what we needed and how to do it best.”

“Our mission at PayNearMe is to develop technology to simplify bill payments for businesses and consumers alike,” explained Mike Kaplan, Chief Revenue Officer, PayNearMe. “CMOR’s reputation as a service-focused system integrator, combined with its strong technical acumen, makes the partnership a natural fit for PayNearMe. Many lenders and dealers have limited IT resources and need the level of support CMOR provides to implement systems that deliver operational efficiencies, while giving their customers greater choice in how bill payments are made.”

About CMOR Solutions LLC

CMOR Solutions is a system integrator and dedicated partner to small businesses. The company specializes in helping its clients improve performance and customer satisfaction by updating processes, automating menial tasks and implementing the right technology solutions. This allows the small business owner to focus on high-value pursuits while day-to-day tasks are handled in a cost-effective manner. For more information visit http://cmorsolutions.com

About PayNearMe

PayNearMe is the industry’s only platform that facilitates cards, ACH, cash and mobile-first payment methods including Apple Pay. Our technology provides a simple way for businesses to collect all of their payments through an intuitive, consistent experience for their customers.

PayNearMe processes payments for thousands of businesses and government agencies including the State of California, Oportun, Grameen Foundation, Santander, United Auto Credit, Westlake Financial Services and OneMain Financial, among others.

PayNearMe has powered cash payments since 2009, and today is accepted at over 27,000 retail locations in the U.S. including 7-Eleven®, Family Dollar®, Casey’s General Stores® and ACE Cash Express® stores.

To learn more about PayNearMe, please visit www.paynearme.com. Follow PayNearMe on Twitter, LinkedIn and Facebook. The PayNearMe service is operated by PayNearMe MT, Inc., a licensed money transmitter.