PayNearMe Wins “Best Consumer Payments Platform” by FinTech Breakthrough for 4th Consecutive Year
Growing fintech company earns honor for innovation in iGaming and sports betting payments
SANTA CLARA, Calif., March 23, 2023 – PayNearMe, a fast-growing fintech company radically improving the consumer payment experience, announced their MoneyLine platform has been named “Best Consumer Payments Platform” by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today. This is the fourth consecutive year PayNearMe has been recognized for its innovative payment technology.
“MoneyLine, powered by PayNearMe, makes the end-to-end payment experience easy for players and operators—all in a single, powerful platform,” said James Johnson, Managing Director, FinTech Breakthrough. “With MoneyLine, operators are in a significantly better position to meet changing player expectations, increase retention and improve operational efficiency. Congratulations to the PayNearMe team for taking home our ‘Best Consumer Payments Platform’ award for 2023.”
“Since we launched the MoneyLine platform in 2021, we’ve continued to innovate, releasing new capabilities and features to enable our operator clients to give players what they want—easy, fast deposit and payout experiences,” said John Minor, SVP Product, PayNearMe. “I’m incredibly proud of the PayNearMe team for now earning this distinction for both our bill payment and our iGaming platforms. We remain committed to a relentless customer-first mentality that enables us to prioritize delivering innovation and a best-in-class payment experience.”
PayNearMe technology powers payments for many of the most recognizable names in betting, including nine of the 10 largest U.S. iGaming operators and 16 of the top 17 largest online casinos in the U.S.
The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more. The 2023 FinTech Breakthrough Award program attracted more than 4,000 nominations from across the globe.
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 today processes all forms of payment including cards, ACH, Apple Pay, Google Pay, PayPal and Venmo, and has enabled cash payments through our proprietary electronic cash network since 2009. PayNearMe cash payments are accepted at more than 40,000 retail locations in the U.S. including participating 7-Eleven®, Walmart®, Walgreens®, 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.
About FinTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.