PayNearMe wins “Best Consumer Payment Platform” by FinTech Breakthrough for the fourth consecutive year

PayNearMe wins “Best Consumer Payment Platform” by FinTech Breakthrough for the fourth consecutive year

Growing fintech company honored for innovation in iGaming and sports betting payments

SANTA CLARA, California, March 24, 2023 /PRNewswire-PRWeb/ — PayNearMe, a fast-growing fintech company radically improving the payment experience for consumers, announced that its MoneyLine platform has been named “Best Consumer Payments Platform” by FinTech Breakthrough, an independent market intelligence organization that recognizes the best companies , technologies and products in the global FinTech market today. This is the fourth year in a row that PayNearMe has been recognized for its innovative payment technology.

“MoneyLine, powered by PayNearMe, makes the end-to-end payment experience simple for players and operators – all in a single, powerful platform,” said James Johnson, CEO, 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 the ‘Best Consumer Payments Platform’ award for 2023.”

“Since launching the MoneyLine platform in 2021, we have continued to innovate, launching new capabilities and features to enable our operator customers to give players what they want – easy, fast deposit and withdrawal experiences,” said John Minor, SVP Product, PayNearMe. “I am incredibly proud of the PayNearMe team who have now achieved this accolade for both our invoice payment and 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 top 10 US iGaming operators and 16 of the top 17 online casinos in the US

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The FinTech Breakthrough Awards is the premier awards program founded to recognize FinTech innovators, leaders and visionaries from around the world across 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 around the world.

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About PayNearMe
PayNearMe develops technology that provides better payment experiences for businesses and their customers. Our modern, flexible and reliable platform helps businesses increase customer engagement, improve operational efficiency and reduce the overall cost of accepting payments. PayNearMe enables multiple ways to pay by offering major payment types and channels on a single platform.

PayNearMe currently processes all forms of payment, including cards, ACH, Apple Pay, Google Pay, PayPal and Venmo, and has been enabling cash payments through our proprietary electronic cash network since 2009. PayNearMe cash payments are accepted at more than 40,000 retail locations in the US 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 municipal, and iGaming and sports betting.

To learn more about PayNearMe, please visit Follow PayNearMe at 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 worldwide, the FinTech Breakthrough Awards program is dedicated 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.

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Media contact

Christine JonesPayNearMe, 314.534.8187, [email protected]

SOURCE PayNearMe

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