PayNearMe vs Storable Payments (2026)
Side-by-side comparison to help you choose the best payment processing for your storage facility.
PayNearMe
Storable Payments
Overview
Features
Pros & Cons
PayNearMe
PROS
- ✓Eliminates cash handling entirely at the facility
- ✓Solves cash acceptance legal requirements (MA, NJ, PA)
- ✓Tenant convenience — retail locations are everywhere
- ✓Real-time authorization and automatic reconciliation
CONS
- ✗Additional per-transaction fee on top of processor costs
- ✗Requires software integration to automate reconciliation
- ✗Tenant must travel to a retail location to pay
Storable Payments
PROS
- ✓Native integration eliminates manual reconciliation
- ✓Account Updater reduces failed autopay transactions
- ✓IC+ pricing available for high-volume operators
- ✓Trusted by thousands of storage facilities nationwide
CONS
- ✗Rate increases reported by some long-term customers
- ✗Locked into Storable platform ecosystem
- ✗Third-party processor options limited if using storEDGE
Detailed Overview
PayNearMe
PayNearMe (founded 2009) is a cash payment network that enables self-storage tenants to pay rent in cash at over 17,000 retail locations including 7-Eleven, ACE Cash Express, and Family Dollar — without the facility ever handling cash. The process works via a barcode-based 'PaySlip' that tenants receive by text or print, which they present at the retail counter. Payments are authorized in real-time and automatically reconciled back to the storage management software. PayNearMe is also used by OpenTech Alliance INSOMNIAC kiosk operators to enable cash payments for facilities without a physical bill acceptor. The platform additionally supports ACH and debit card payments. PayNearMe is particularly valuable in Massachusetts, New Jersey, and Pennsylvania where cash acceptance laws apply to self-storage tenants.
Storable Payments
Storable Payments is the integrated payment processing platform built into the SiteLink Web Edition and storEDGE property management systems. Formerly known as SiteLink Merchant Services (a DBA of Sunstone Merchant Services LLC), the platform became Storable Payments after Storable acquired Select Merchant Solutions in 2019. It operates as a Payment Facilitator (PayFac) powered by Worldpay on the backend. Storable Payments supports credit and debit cards, ACH/eCheck, autopay recurring billing, kiosk payments, and online tenant portal payments. It is PCI DSS Level 1 and SOC 1 Type II certified and offers IC+ interchange pricing. The platform includes an Account Updater service to reduce failed autopay transactions and provides automatic reconciliation within the SiteLink/storEDGE dashboard.
Quick Summary
Tied
Storable Payments (312)
Storable Payments (13)
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