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Subprime Lender MAS Financial Drops MoneyGram as PayNearMe Usage Climbs

Subprime lender MAS Financial is starting out the new year out with a pair of payment-related moves. It will add automated payment capabilities to its options at month’s end, and it is cutting ties with money-transfer partner MoneyGram. MAS Financial customers are increasingly using the PayNearMe option, which MAS added about three years ago, Collections […]

Payment Startup Adds Credit Card, Mobile Wallet Options

PayNearMe, a Sunnyvale, Calif.-based vendor that services cash payments for auto loans, is expanding to include debit, credit and ACH payments, as well as mobile wallet integration and payment reminders, parent company Handle Financial announced earlier this month. Historically, PayNearMe provided borrowers a barcode that could be used to make their loan payments at 27,000 […]

The Changing Needs of Borrowers — Why Cash Is Growing in Popularity

Even though it may seem like everyone using credit cards and debit cards via mobile wallets is on the horizon, the world’s largest economy still relies on cash more than any other payment method. In fact, contrary to many predictions, cash is still on an up-rise in the U.S. It’s estimated that over 138 million […]