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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Cash: Rumors of its death are greatly exaggerated

hands exchanging cash Lee Ault, CEO of the first check guarantee service, TeleCredit (which subsequently morphed into FiS Global), once described the moment his business exploded in the early 1970’s. In this era before ATMs, and when BankAmericard –-not yet renamed “Visa” -– was approaching critical mass, retailers avoided accepting personal checks because they were considered too risky.

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