Stephen Preuss

Stephen Preuss

Stephen R. Preuss Sr., a seasoned entrepreneur with over 20 years of experience, serves as the Chief Executive Officer of PayMore Group, a thriving business revolutionizing the second-hand electronics industry. A native of Long Island, New York, Stephen’s career has been marked by a heavy focus on commercial real estate and a successful partnership with Erik Helgesen since 2004 in the buy and sell industry. In his role as CEO, Stephen has played a pivotal role in steering PayMore towards rapid growth and nationwide recognition. His extensive background in high-level business structuring and execution paired with his vast real estate experience has contributed to the strategic development of the company. Stephen, along with Erik Helgesen, embarked on their entrepreneurial journey in 2005, opening their first second-hand business. Over the years, they identified the high demand for optionality in electronics, leading to the transformation and re-launch of the business as PayMore in 2011.

Omnichannel, Brick-and-Mortar

Why Physical Stores Still Matter: Building Trust in the Digital Age

December 22, 2025 at 12:43 pm

We've all heard the narrative: brick-and-mortar retail is dying, e-commerce is the future and physical stores are relics of a bygone era. But here's what that narrative misses: for certain categories, especially in retail technology, the physical store isn't just surviving; it's thriving. And there's a very good reason why. At PayMore, we've built our…