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The Pay-O-Matic Corporation offers check cashing, money transfers and prepaid cards through over 100 New York stores.
Founded in 1950 and headquartered in Syosset, New York, The Pay-O-Matic Corporation offers check cashing, money transfers, money orders and the inPOWER Prepaid Mastercard. It serves individuals and businesses from more than 100 stores in the Bronx, Brooklyn, Manhattan, Queens and Long Island. Revenue comes mainly from transaction fees. The company has completed two funding rounds, the most recent on March 1, 2015.
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