LITTLETON, Colorado—August 18, 2020—PassTime®, a leading provider of GPS Solutions, announced today it has partnered with PayNearMe, an innovative payment processing platform allowing businesses to offer multiple payment options for their customers, to provide an integrated payment solution.
The partnership combines PayNearMe’s modern and reliable payment platform known for making payments easy for businesses and customers with industry-leading GPS Solutions from PassTime to help mutual clients save time and improve the user experience.
The software integration will leverage PassTime’s payment reminders and device commands to automatically signal PassTime when a consumer makes a cash payment through one of PayNearMe’s 20,000+ participating retailers or when a consumer makes mobile electronic payments via debit, credit, ACH or mobile-first payment options, such as Apple Pay.
PassTime, which has been in business for more than 25 years, provides GPS Solutions for customers to connect their vehicles and protect their assets. The company prides itself on providing high-quality and reliable products, along with unmatched 24/7 live customer care.
“PayNearMe is one of the best payment platforms in the industry. Offering a mobile-first approach as well as every way consumers want to pay means our clients get more payments on time and consumers have more choices than ever before,” said Chris Macheca, president & COO at PassTime. “Partnering with technology companies such as PayNearMe that provide our customers value is what it is all about.”
“PassTime is a natural fit for the PayNearMe platform," noted Michael Kaplan, Chief Revenue Officer at PayNearMe. “By partnering with a leader in the GPS technology space and integrating our innovative technology platforms, we’re helping our clients increase on-time payments, lower collections costs and incentivize better consumer payment behaviors.”
PassTime is a leading provider of GPS Solutions and has been in business for more than 25 years. PassTime’s GPS Solutions help connect vehicles and protect assets for multiple sectors of the automotive and powersports industries including auto dealers, auto finance companies, fleet transportation providers and consumers. The company prides itself on high-quality, reliable products and unmatched customer support.
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PayNearMe is the industry’s only platform that facilitates cash, debit, credit, ACH and mobile-first payment options including Apple Pay. Our technology provides a simple way for businesses to collect all of their payments through an intuitive, consistent experience for their customers.
PayNearMe processes payments for thousands of businesses and government agencies including the State of California, Oportun, Grameen Foundation, Santander, United Auto Credit, Westlake Financial Services and OneMain Financial, among others. PayNearMe has powered cash payments since 2009, and today is accepted at over 27,000 retail locations in the U.S. including 7-Eleven®, Family Dollar®, Casey’s General Stores® and ACE Cash Express® stores.
The PayNearMe service is operated by PayNearMe MT, Inc., a licensed money transmitter.
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