“PayTile is a breakthrough solution that replaces consumers’ need for cash, enables businesses to incentivize foot traffic, and offers location-specific customer engagement opportunities for companies and organizations. This technology has launched in the Greater Cincinnati and Northern Kentucky area, with rapid expansion planned across other US markets…PayTile enables users to make private, secure, cashless payments to people nearby, without sharing their personal details. Sending money on PayTile is like an AirDrop® for cash*. Unlike other payment apps, PayTile payment transfers do not require users to “connect” via phone or email, and Personal Identifiable Information (PII) is not shared. Now with PayTile, users can tip the valet, pay for purchases at a farmers market, or buy lunch from a food truck – all without cash. By limiting payments to people and businesses who are nearby, PayTile makes payments intuitive and safe.”