PayNearMe
PayNearMe
Schedule a Demo
Schedule a Demo

Uncover how our platform can transform your payment experience.

Schedule a Demo
PayNearMe
Platform
Product Overview Features Integrations Cash at Retail Network
Capabilities
Modern Payment Processing
Demand more from your payments.
Automation & Self-Service
Lower the cost of acceptance—by a lot.
Wider Payment Options
Say yes to every payment.
Exception Management
A solution for every exception.
Dedicated Partner
Upgrade with confidence.
Schedule a Demo
Schedule a Demo

Uncover how our platform can transform your payment experience.

Schedule a Demo
Who we work with
All Industries Integration Partners Clients Case Studies
Solutions
Auto & Consumer Lending
Modern, reliable platform for lenders.
Tolling
Collect more unpaid tolls.
iGaming
One platform for deposits, payouts & more.
Buy Here Pay Here
Everything you need to collect payments.
Banks & Credit Unions
Convert indirect borrowers into customers.
Mortgage Servicing
Meet the changing needs of customers.
Schedule a Demo
Schedule a Demo

Uncover how our platform can transform your payment experience.

Schedule a Demo
Resources
Resources Home Blog Upcoming Events Client Testimonials
Quick Links
Research Reports
View the latest research and trends.
Media Resources
Download brand assets, logos and more.
Webinars
View upcoming & on-demand webinars.
Case Studies
See real results from current clients.
Buyer's Guide
An in-depth overview of the payments landscape.
Videos
Watch on-demand webinars, podcasts and more.
Schedule a Demo
Schedule a Demo

Uncover how our platform can transform your payment experience.

Schedule a Demo
Support
Consumer Support Client Support Contact Us
About PayNearMe
Company
Learn more about PayNearMe.
Careers
Explore a career with PayNearMe.
Newsroom
Read the latest PayNearMe news.
Press Releases
Read important announcements.
Leadership Team
Meet our experienced leadership team.
Schedule a Demo
Schedule a Demo

Uncover how our platform can transform your payment experience.

Schedule a Demo

PayNearMe Expands Collaboration with PayPal to Enhance Its Core Processing Capabilities

October 3, 2024
Share:

Expanded integration brings PayNearMe clients increased reliability via PayPal’s full stack processing capabilities for payments and disbursements

SANTA CLARA, Calif., October 3, 2024 – PayNearMe, the fintech company bringing progress to payments, today announced an expansion of its strategic collaboration with PayPal. The expanded integration with PayPal’s full stack processing capabilities for both payments and disbursements into the PayNearMe platform helps increase reliability and expand PayNearMe’s banking partnerships. 

PayPal helps strengthen PayNearMe’s core banking infrastructure and makes its Smart Switch technology—which enables processing redundancy for billers and iGaming operators—even more robust and reliable, helping to enhance acceptance rates and lower processing costs for the company’s clients.

“PayPal has processed more than 25 billion transactions and is known for its processing stability. By adding PayPal’s full-stack processing capabilities to the PayNearMe platform, we bring even more redundancy to our Smart Switch technology, helping to ensure maximum uptime and reliability for our clients,” said John Minor, EVP and Chief Product Officer, PayNearMe.

PayPal has built a world-class processing stack and we are excited to continue to bring some of the best-in-class technology to our clients.

John Minor, EVP and Chief Product Officer

PayNearMe has offered PayPal and Venmo as payment options on its platform since 2022 and is now working to bring these and other PayPal capabilities to more clients through a single integration. The expanded integration provides the market with fast and more streamlined onboarding of PayPal services.

This collaboration sets the stage for future innovations as PayNearMe continues to build its open ecosystem, enabling easy integration with additional PayPal services as well as other technology partners. This approach to innovation and value creation benefits PayNearMe’s clients by enabling them to offer more payment options, and is designed drive up acceptance rates and help lower the total cost of ownership.

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 major payment types and channels in a single platform.

PayNearMe processes all major forms of payment including PayPal, Venmo, Cash App Pay, Apple Pay, Google Pay, cards and ACH, as well as cash through our proprietary electronic cash network of more than 62,000 retail locations in the U.S.

Thousands of businesses partner with PayNearMe to manage the end-to-end customer payment experience in industries such as Consumer Lending, iGaming and Online Sports Betting, Property Management, Tolling and Legal. 

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