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

Requirements

Candidates should possess 3+ years of B2B sales experience selling payment solutions, particularly in recurring/online bill pay (EBPP), with strong preference for experience in sectors like utilities, lending, or tax. Experience with banks or credit unions is a plus, but not required. A proven track record of consistently meeting or exceeding sales quotas in a fast-paced environment is essential, along with a strong understanding of payment industry concepts including EBPP, ACH, card processing, and compliance in recurring payments. CRM proficiency and the ability to manage a high-velocity sales cycle are also required.

Responsibilities

The Account Executive will drive new business by targeting banks, credit unions, and financial institutions, focusing on their recurring loan repayment and deposit/withdrawal needs, conducting high-volume sales outreach (discovery, demos, contract negotiation, close), with the goal of closing 3–4 deals per quarter. They will clearly articulate and demonstrate the value of PayNearMe’s payment solutions, emphasizing 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, and log activities, maintain pipeline hygiene, and provide accurate forecasts using CRM systems.

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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