PayNearMe

Sales Executive - Bank/Credit Union Sales - Remote

Santa Clara, California, United States

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Payments, Banking, Credit UnionsIndustries

Account Executive - Payments

Employment Type: Full-time Location Type: Remote (within the US)


Position Overview

PayNearMe is seeking a dynamic, results-driven Account Executive with significant expertise in payments, particularly electronic bill presentment and payment (EBPP) and recurring online payments. In this role, you will be responsible for selling PayNearMe’s innovative payment solutions to banks, credit unions, and related financial services markets. While experience with financial institutions is a plus, deep knowledge of bill pay and other payment solutions is essential. Candidates with sales experience in sectors such as utilities, lending, or tax will likely be a good fit. This role is ideal for someone who thrives in a high-volume, transactional sales environment and is ready to make an impact with a growing team.


Responsibilities

  • Drive new business by targeting banks, credit unions, and financial institutions, focusing on their recurring loan repayment and deposit/withdrawal needs.
  • Conduct high-volume sales outreach (discovery, demos, contract negotiation, close), with the goal of closing 3–4 deals per quarter.
  • Clearly articulate and demonstrate the value of PayNearMe’s payment solutions, with an emphasis on bill pay functionality.
  • Collaborate closely with the payments team, including credit union SMEs and technical experts, to deliver tailored solutions.
  • Stay current on trends in EBPP, ACH, debit card payments, and evolving customer expectations around recurring payment experiences.
  • Partner cross-functionally with Marketing, Product, and Client Services to support new customer onboarding and optimize product-market fit.
  • Log activities, maintain pipeline hygiene, and provide accurate forecasts using CRM systems.

Qualifications

  • 3+ years of B2B sales experience selling payment solutions, preferably in recurring/online bill pay (EBPP).
  • Experience selling EBPP into sectors like utilities, lending, or tax is strongly preferred.
  • Experience with banks or credit unions is a plus but not required.
  • Proven track record of consistently meeting or exceeding sales quotas in a fast-paced environment.
  • Strong understanding of payment industry concepts: EBPP, ACH, card processing, and compliance in recurring payments.
  • Ability to communicate value to both technical and non-technical stakeholders.
  • CRM proficiency and ability to manage a high-velocity sales cycle.
  • Self-starter with exceptional organizational and follow-up skills.

Compensation & Benefits

  • Salary Range: $110,000 - $140,000 (base salary)
  • Variable Compensation: $100,000
  • Great compensation package plus extensive benefits:
    • 100% Remote (must be in US)
    • Base salary paid semi-monthly
    • Fast-paced and professional work culture
    • Stock options with standard startup vesting (1-year cliff; 4 years total)
    • $50 monthly communication expense stipend (for phone/internet)
    • $250 stipend to enhance your WFH setup
    • Reimbursement for peripheral equipment: monitor (up to $400), keyboard and mouse (up to $200)
    • Premium medical benefits including vision and dental (100% coverage for employees)
    • Company-sponsored life and disability insurance
    • Paid parental bonding leave
    • Paid sick leave, jury duty

Company Description

PayNearMe develops technology to facilitate the end-to-end customer payment experience, making it easy for businesses to accept, disburse and manage payments. Our modern and reliable platform lowers the total cost of payments by increasing acceptance rates, driving self-service and simplifying exceptions. We future-proof our clients’ payments roadmap by including all payment types and channels through a single contract and integration. With PayNearMe, businesses can transform the outdated systems holding them back from achieving progress. PayNearMe has over 200 employees, raised a $45M Series D round in June 2023, and processes billions in payments annually. Headquartered in Silicon Valley, our team is distributed across the U.S. Join us in solving our clients’ biggest payment challenges.


Application Instructions

Please refer to the original job posting for specific application instructions.

Skills

Payments
Electronic Bill Presentment and Payment (EBPP)
Recurring Online Payments
Sales Outreach
Contract Negotiation
Demonstration Skills
High-Volume Sales
Financial Services
Banking
Credit Unions

PayNearMe

Flexible payments platform for diverse transactions

About PayNearMe

PayNearMe provides a payments platform that allows customers to pay in various ways, including cards, ACH transactions, cash, and mobile payment methods like PayPal and Venmo. The platform is designed to enhance the payment experience for both customers and businesses, making it easy for clients such as consumer lenders and online gaming companies to collect payments. PayNearMe stands out by offering a secure cash payment service at over 60,000 retail locations, which simplifies the payment process for users who prefer cash. Additionally, the platform utilizes artificial intelligence to personalize customer experiences and improve bill pay. The company's goal is to create a seamless and user-friendly payment experience while generating revenue through fees charged to businesses for processing payments.

Santa Clara, CaliforniaHeadquarters
2009Year Founded
$156.1MTotal Funding
SERIES_DCompany Stage
Fintech, AI & Machine LearningIndustries
201-500Employees

Benefits

Professional Development Budget

Risks

Emerging fintech startups could erode PayNearMe's market share with similar solutions.
Regulatory scrutiny may increase compliance costs for PayNearMe.
Partnership with Trustly exposes PayNearMe to open banking data privacy risks.

Differentiation

PayNearMe offers a wide range of payment options, including cash and digital wallets.
The platform integrates AI to enhance personalized customer experiences and improve payment solutions.
Partnerships with companies like Trustly and PayPal expand PayNearMe's payment capabilities.

Upsides

The rise of BNPL services presents an opportunity to expand PayNearMe's payment options.
Increasing mobile wallet usage allows PayNearMe to enhance its mobile-first payment methods.
Open banking regulations in the US offer new integration opportunities for PayNearMe.

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