9 Myths About the Underbanked – Debunked

underbanked consumers What you don’t know about your underbanked customers could be hurting you – and your bottom line. If you’ve overlooked cash-preferring customers because of time constraints, overhead, or other concerns, you’re missing out on $1 trillion in buying power. We’ve made a short list of the most common misconceptions (and facts) about the underbanked to

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So, you want to start a payments company?

payments industry This article originally appeared on VentureBeat if I made a nickel every time someone said “payments is hot,” I could fund a lot of startups. Like moths to a flame, that “heat” is perhaps why so many entrepreneurs are drawn to payments. Some of these innovators will build successful companies that blaze like wildfire, but

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5 Tasks You Can Outsource to Help Your Business Grow Faster

outsourcing Outside of hiring talented people, seeking outside help may be one of the best things you can do to accelerate your business’ growth. Trying to do everything by yourself is not only inefficient, it can also quickly drain your energy and prevent you from focusing on growing your business. So, what types of tasks/activities should you outsource? The

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

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

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?

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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Win a Free Vacation & Save $40K in Rent Collection Costs

Property management can be a stressful business. Today, we are bringing you two things to make your lives a little easier: an example of how you can save money while still taking on new properties, and the opportunity to simply escape from rent collection for a while with a free vacation to Hawaii with our Stress-Free Sweepstakes! 1)

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