SANTA CLARA, Calif., August 3, 2020 – PayNearMe, the modern and reliable payments platform known for making payments easy for both businesses and customers, and Nortridge Software LLC, a leading software provider for lenders and loan servicing companies nationwide, are pleased to announce a new integration that will allow Nortridge’s clients to leverage PayNearMe’s full suite of tender options — including cash and electronic payments — directly within Nortridge’s loan software. This integration allows lenders to more efficiently accept and reconcile bill payments in real-time, and enables millions of consumers the flexibility to make bill payments with any tender they choose.
“Many of our clients have been asking how they can accept all payment types without needing to maintain multiple payment processing platforms,” said Greg Hindson, CEO and President, Nortridge Software LLC. “We first partnered with PayNearMe in 2013 to provide our clients with access to their convenient and reliable retail cash payment network. This deep integration will now enable our clients to accept all forms of tender and leverage a powerful engagement engine for messaging through a single payment processor, within the Nortridge platform.”
Streamlining workflows is a priority for many Nortridge clients. The integration of the PayNearMe platform directly within Nortridge software eliminates the need to flip between software platforms when taking payments over the phone, a process that is fraught with errors and inefficiencies. Call center agents can also easily send text reminders with a unique link that allows customers to complete electronic payments on their smartphone or cash payments at local convenience store retailers.
PayNearMe’s easy-to-deploy platform and responsive approach to service and support simplifies solution set-up and management for Nortridge clients and allows lenders to provide greater flexibility, convenience and service to their customers.
“Whether you’re a lender or a borrower, accepting or making bill payments shouldn’t be complicated,” explained Michael Kaplan, Chief Revenue Officer, PayNearMe. “Our deepened integration with Nortridge puts convenience, flexibility and simplicity at the forefront of the loan payment processing experience. Combined with our high reliability and reputation for security, this integration frees up Nortridge clients to focus on business expansion initiatives rather than worry about payment processing administration.”
About Nortridge Software
Nortridge Software LLC provides lenders and loan servicers with the automation needed to more profitably originate, service, collect and report on loan portfolios. Since 1981, Nortridge has leveraged its experience in banking, lending, and software development to provide clients with quality software solutions and excellent support services. Today, the Nortridge Loan System is valued by loan servicing companies representing a wide range of industries and loan portfolio sizes. The company is headquartered in Foothill Ranch, Calif. For more information, visit: nortridge.com.
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.