PayNearMe Appoints Bill Clerico to Board of Directors

Bill Clerico brings more than a decade of fintech innovation and operational expertise to PayNearMe’s board of directors.

SANTA CLARA, Calif., June 24, 2021 – PayNearMe, the modern and reliable payments experience platform known for making payments easy for both businesses and customers, announced the addition of Bill Clerico to its board of directors. Clerico co-founded WePay and led the company through launch, growth and sale to JPMorgan Chase, where he served as an executive for three years leading merchant services for small business.

“I am excited to welcome Bill Clerico to our board of directors,” said Danny Shader, CEO, PayNearMe. “Bill is a very thoughtful fintech executive with deep payments experience. He built a modern API-driven payment processing company from the ground up that transformed the payments industry and accelerated innovation in the market. We’re looking forward to leveraging his operational expertise as we scale PayNearMe.”

At the helm of WePay for 12 years, Clerico built a team of more than 400 dedicated, values-driven people who were laser-focused on helping more than 1,000 software companies embed secure, customized and frictionless payments into their products.

“PayNearMe has already had a big impact on bill pay and gaming payments,” said Clerico. “With an award-winning technology platform, strong business model and ever-increasing list of impressive customers, PayNearMe will continue to shape the market and advance innovation. I look forward to helping Danny and his incredible team take PayNearMe into its next phase of growth.”

About PayNearMe

PayNearMe develops technology that drives better payment experiences for businesses and their customers. Our modern, flexible and reliable platform helps businesses increase customer engagement, improve operational efficiency and drive down the total cost of accepting payments. PayNearMe enables more ways to pay by offering all major payment types and channels in a single platform.

PayNearMe today processes a variety of payment types including cards, ACH, Apple Pay and Google Pay, and has enabled cash payments through our proprietary cash network since 2009. PayNearMe cash payments are accepted at more than 31,000 retail locations in the U.S. including participating 7-Eleven®, Walmart®, Family Dollar®, Casey’s General Stores®, and ACE Cash Express®, among others.

Thousands of businesses partner with PayNearMe to manage the end-to-end customer payment experience in industries such as Consumer Finance, Property Management, Insurance, Utility and Municipality, and iGaming and Sports Betting.

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.