Pay for online transactions with cash by visiting a local 7-Eleven

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Though financial services are increasingly discovering new, convenient channels for customers to pay online, many still prefer cash as a form of tender. This is the case for around 30% of US consumers, who use cash for three quarters of their payment transactions. Electronic cash payment system PayNearMe is catering to this need by enabling users to pay for just about anything with cash at their local 7-Eleven. As a significant amount of commerce moves online, an inconvenience is faced by those who don’t need or want a bank account — some dislike the tedious experience of visiting a bank,…

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