Article

Mentioned Companies:

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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September 2020
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Market Shares of Top 10 Acquirers vs the Remaining 140

Largest 150 Merchant Acquirers Worldwide–Ranked by Total Purchase Transactions

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

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