PayNearMe clients can now offer their customers alternative bill payment options using all major mobile wallets and payment apps
SANTA CLARA, Calif., July 18, 2023 – PayNearMe, a fast-growing fintech company radically improving the customer payment experience, is now natively integrating with Cash App Pay. This new partnership enables PayNearMe’s clients to offer their customers the ability to seamlessly pay bills using their Cash App accounts, providing more options for convenient payments.
“We are excited to be early to market with Cash App Pay, a payment type that is growing in popularity,” said John Minor, Chief Product Officer, PayNearMe. “By offering Cash App Pay, we’re enabling our clients to provide their customers with more payment options and greater convenience.”
As of March 2023, Cash App had 53 million monthly transacting actives.¹ According to PayNearMe research, 22% of consumers say Cash App is an important or very important option for bill pay.
“Cash App Pay is a fast and simple payment solution that allows consumers to pay for goods and services using their Cash App accounts,” said Jessica Bullitt, Head of Commerce Product at Cash App. “By partnering with PayNearMe, we’re making consumers’ lives even easier by enabling them to make bill payments at more businesses.”
The native integration with Cash App Pay means customers of PayNearMe clients can make payments within their bill payment workflow. There is no need to manually re-enter card or bank details, keeping sensitive personal information secure and allowing transactions to be easily carried out with only a few taps.
“The addition of Cash App Pay will give our customers even more choice and flexibility for making their auto loan payments,” said Mike Lavin, Chief Operating Officer, Consumer Portfolio Services, Inc.
“PayNearMe is helping us meet our customers where they are by enabling payments at any time, anywhere and in any way they want to pay.”
The integration of Cash App Pay demonstrates PayNearMe’s continued commitment to providing businesses with the ability to quickly and easily accept modern payment methods favored by consumers. All transactions are saved to a single ledger to help ensure the reconciliation process is easy for businesses accepting any or all of PayNearMe’s available payment types.
¹ A transacting active is a Cash App account that has at least one financial transaction using any product or service within Cash App during a specified period.