September 22, 2014 6:44 PM ET

Consumer Finance

Company Overview of PayNearMe Inc.

Company Overview

PayNearMe Inc. operates cash payment network platform for consumers to pay with cash. It enables consumers to pay for a range of goods and services from companies in e-commerce, direct response and catalog marketing, consumer finance, money transfer, and transportation at a local store in the United States. The company also enables businesses to accept cash payments from adults who are unbanked or underbanked; teens who prefer to pay with cash; and consumers who don’t use plastic for various reasons. PayNearMe Inc. was formerly known as Kwedit Inc. and changed its name to PayNearMe Inc. in September 2010. The company was founded in 2009 and is based in Sunnyvale, California.

292 Gibraltar Drive

Suite 104

Sunnyvale, CA 94089

United States

Founded in 2009





Key Executives for PayNearMe Inc.

Chief Executive Officer and Director
Compensation as of Fiscal Year 2014.

PayNearMe Inc. Key Developments

PayNearMe and Systems & Methods Enter into Partnership

PayNearMe and Systems & Methods (SMI), have entered into a partnership. The alliance will see the companies offer an easier cash collection method for clients. The firms said that the new method would eliminate manual cash processing and give customers of government child-support agencies an easy and affordable way to pay for child support in cash.

hyperWALLET to Integrate with PayNearMe to Offer Cash-Payment Acceptance Options

hyperWALLET Systems Inc. announced that it is integrating its payment services with the PayNearMe electronic cash-transaction network. PayNearMe allows consumers to use cash to buy goods online, pay utility bills, make rent payments and repay loans, all via convenient printable or mobile barcode technology. The integration with PayNearMe will enable hyperWALLET to offer cash as a payment acceptance option. This new cash-payment acceptance capability will be available to hyperWALLET's customers in early 2014. The partnership with PayNearMe allows hyperWALLET's corporate customers to expand their payment options to better serve these cash-paying consumers.

PayNearMe Inc. Presents at Montgomery Technology Conference 2013, Mar-06-2013 05:15 PM

PayNearMe Inc. Presents at Montgomery Technology Conference 2013, Mar-06-2013 05:15 PM. Venue: Fairmont Miramar Hotel & Bungalows, 101 Wilshire Boulevard, Santa Monica, CA 90401, United States.

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