Senior Product Manager - Payments
MercuryFull Time
Senior (5 to 8 years)
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With PayNearMe, businesses can transform the outdated systems holding them back from achieving progress.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.
We’re looking for a Senior Product Manager to lead the strategy and execution of our next-generation money movement platform. You’ll own the systems that power how money flows through our ecosystem — with a focus on settlement, reconciliation, funding orchestration, and general ledger integrations.
In this role, you’ll be at the center of our financial infrastructure, working across product, engineering, compliance, and accounting teams to build scalable, reliable payment systems. You’ll drive execution across multiple payment rails and funding sources, ensuring operational accuracy, compliance, and performance at scale.
We’re seeking someone with deep experience in the payments ecosystem, particularly in bill pay, money movement, financial reconciliation, and funding mechanics. You should have a strong understanding of how different funding types operate — including bank debits (ACH, RTP, wires), card-based funding, digital wallets, and alternative funding methods. You’ll bring expertise in managing liquidity, funding source verification, cutoff windows, transaction routing, and exception handling. Familiarity with concepts like prefunding, sweep accounts, and funds availability will be key to ensuring efficient and resilient money flows.
You should be equally comfortable diving into backend systems, managing cross-functional roadmaps, and defining strategic product direction. This is a high-impact role where you’ll help shape the future of how we move, fund, and track money — and unlock new capabilities for the business as we scale.
Flexible payments platform for diverse transactions
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.