Payments News


Cincinnati Family Tech Pay Theory Announces Launch of Its Cash Acceptance Tool

Pay Theory , a Cincinnati-based startup that provides payment solutions for school districts, childcare, and families, is excited to announce the launch of its cash payments tool to simplify the burden of making school-related payments for the roughly 30 percent of K–12 families in the US who are un- or underbanked. The Pay Theory in-person cash payments function allows users to complete digital payment transactions in the analog world without having to have a credit card. When making a school-related payment online, users can select the “pay cash” option. They will then be issued a barcode that can be scanned by a cashier just like any other coupon. The bill can be paid in cash right along with groceries or a prescription pickup.”