Posts Related To Cash


10 Things You Didn’t Know About the Underbanked [INFOGRAPHIC]

magnifying-glass Over 50 million U.S. adults do not have a traditional bank account, and, despite representing a whopping $1 trillion in buying power, America’s underbanked consumers are often pushed to the wayside by businesses who erroneously perceive them as an under-employed, under-educated, and under-motivated. The reality is that the majority are born in the U.S., college

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Our Anti-Money Laundering Philosophy

exchanging cash hands As a company that offers cash payment options to consumers for a wide variety of goods and services, PayNearMe is in a unique position to help those consumers solve the real problem of lack of purchasing access. Unbanked and underbanked consumers in particular can and should be able to make payments for anything using cash,

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The Role of Cash in Internet Gaming

cash payments with PayNearMe Currently, three states have legalized some forms of Internet-based, real-money gaming: Nevada, New Jersey and Delaware. In each, the decision to legalize was preceded by extensive debate, then followed by the creation of an extensive regulatory framework that tightly controls entry into the industry, and is intended to foster responsible gaming practices by both operators

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Communication, Education & Accuracy – Lessons from the Post-Enrollment Operations for Health Insurance Exchanges Summit

doctor holding smartphone with medical app With a host of stakeholders that range from government agencies and insurance carriers to health-care providers and consumers, ACA reform can only be successful if all parties adhere to the three pillars of working with entities of different agendas: communication, education and accuracy of information. The 3 Pillars 1) Break down communication barriers across divisions

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Who are Millennials and Why do They Matter to Auto Lenders?

millennials When thinking about a typical auto buyer, Millennials (aka “Generation Y”, or those born between 1980 and the early 2000s) don’t typically come to mind. So why are they such a hot topic in the auto-lending industry? Millennials already comprise 25 percent of the population today, and they will be the majority of the U.S.

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Cash is Still King

hands exchanging cash A new Federal Reserve report dispels the myth that cash is dead. There are between 60 million and 100 million cash-preferring consumers in the U.S. That’s about the population of the nation’s four largest states – California, Texas, New York and Florida– combined. In April, the Federal Reserve released a paper called the “Diary of Consumer Payment Choice”

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New way for small and medium businesses to accept cash payments

using PayNearme electronic cash transaction network One challenge we’ve heard from small and medium businesses like property management companies, independent car dealerships, and small private educational institutions, is that they need a more convenient way to accept payments from their customers who prefer to pay with cash. Accepting cash and cash alternatives such as money orders and cashiers’ checks on business

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