web tip of the week, May 23 2011 – PayNearMe

http://www.paynearme.com/
This is a rapidly growing alternative way to pay bills for those who do not have a bank account. They can pay online without using a credit card.

Techcrunch described it in a May 10 article:
Here’s how PayNearMe works. On participating partners, e-commerce or merchant sites, consumers can use the PayNearMe option to pay for purchases or debts owed. You simply place your order with PayNearMe and print out the given receipt. You then take that receipt into a 7-Eleven and they scan it and you pay in cash. Once you pay, your order with the retailer or merchant will be fulfilled.

The process is based on a new, free Ria Card, available now at 7-Eleven stores and which can be used to pay more than 3,000 US billers. This card also can facilitate sending remittances to family and friends.

Submitted by Jack Batterson

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