PayNearMe Bill Payment Processing

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PayNearMe Bill Payment Processing

Last year, PayNearMe, a company that began in 2009 offering over-the-counter bill payment services to cash-paying customers, handled nearly $3 billion in payments—only 60% of that amount involved cash. The company’s platform also accepts credit and debit cards as well as account-to-account payments through the automated clearinghouse network. While cash payments, which are facilitated by barcodes sent by text, mail, or email by billers, continue to grow by 20% annually, PayNearMe is seeing its strongest growth in card payments handled for the same billers. The company uses TabaPay...

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Nilson Report

1183

September 2020

Headlines in this Issue

Charts in this Issue

Top 6 Merchant Acquirers Worldwide—Ranked by Transactions in 2019

Market Shares of Top 10 Acquirers vs the Remaining 140

Largest 150 Merchant Acquirers Worldwide–Ranked by Total Purchase Transactions

Top 10 Issuers of Visa and Mastercard Credit Cards in the U.S. at Midyear

100 Largest U.S. Mastercard/Visa Credit Card Issuers Midyear 2020—Ranked by Purchase Volume

100 Largest U.S. Mastercard/Visa Credit Card Issuers Midyear 2020—Ranked by Outstandings

Buy Now, Pay Later Deals in 2020–through September 30

POS Terminal Manufacturers–Other POS Devices Shipped in 2019

Top Issuers of General Purpose Credit Cards in the U.S.—Midyear 2020

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