Alternative payments product, PayNearMe, has made it possible for unbanked smartphone users to make mobile payments. PayNearMe has announced its launch and that it is now offering consumers a way to use cash mobile payments to purchase products online in a way that is compatible with the “unbanked” experience. The term “unbanked” refers to consumers who either do not have a bank account or who cannot qualify for a credit card. These individuals have been unable to make most online purchases which typically require one of those two types of…
Read MorePayNearMe provides a new alternative unbanked cash mobile payments service
