PAYe Network, the world's first and only global electronic funds transfer (EFT) network to offer a universal cash 'pay-ia-pay-out' solution with access to over 1 million ATM and POS cash point locations, is introducing the PAYe USA Network at the ATMIA U.S. Conference 2014: Reinventing the ATM, Loews Royal Pacific Resort at Universal Studios, Orlando, FL February 11th through the 13th.
The ground-breaking patent pending PAYeCASH solution bridges the gap in the digital divide between online and mobile payment channels, and bricks-and-mortar payment systems. Historically ATM and POS network operators have been locked into card based payments acquiring relationships that offer few options for generating additional revenue streams. And emerging new payment methods (NPM) have for the most part evolved as alternative payment closed-loop systems with little or no interoperability with traditional legacy payment channels.
PAYe Network provides ATM and POS network operators with a universal Omni-channel payments solution that is simple, safe, and convenient. Whether it is accepting cash pay-ins for alternative NPM payments or providing cash pay-out services, the PAYeCASH solution can link your terminals to new revenue streams with just a simple software upgrade that requires neither hardware modification nor host system development or certification. And PAYe Network provides ATM and POS network operators with a complete compliance program tailored to meet the exacting standards of state, federal and international AML and CTF regulatory compliance.