Mobile Payments, Funding Come to PayNearMe
One of the more specialized payment companies we’ve covered is PayNearMe, an outfit that focuses on finding ways for the quarter of United States citizens who don’t have credit cards to pay for goods and services online. The company is announcing $16 million in funding today and a new step to streamlining its payments today by adding mobile to its offerings.
Without credit cards, most of that quarter of the population ends up paying for everything with cash, which presents some obvious problems online.
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