generated: '2026-07-20'
method: searched
source: https://home.paynearme.com/data-security/
summary: >-
  PayNearMe publishes its security and compliance posture on its Data Security
  page, stating it conducts SOC 1, SOC 2, NACHA, and PCI DSS audits annually with
  reports available upon request. As a money services business it also holds
  state money transmitter licenses.
standards:
  - id: pci-dss
    conforms: true
    version: 4.0.1
    level: Service Provider Level 1
    evidence: 'Data Security page: "PCI DSS v4.0.1 certified at Service Provider Level 1 with annual QSA assessments"'
  - id: soc1
    conforms: true
    evidence: 'Data Security page: annual SOC 1 audit, report available on request'
  - id: soc2
    conforms: true
    evidence: 'Data Security page: annual SOC 2 audit verifying security, availability, and confidentiality'
  - id: nacha
    conforms: true
    evidence: 'Data Security page: NACHA accreditation for ACH payment processing, audited annually'
  - id: money-transmitter-licenses
    conforms: true
    evidence: 'State money transmitter licenses published at https://home.paynearme.com/mt-licenses/'