PAYBOX CORP (OTCMKTS:PBOX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
PAYBOX CORP (OTCMKTS:PBOX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On March 13, 2017, Lowell Rush announced his resignation from his position as the Chief Financial Officer of Paybox Corp (the “Company”), effective as of March 31, 2017. The resignation was not the result of any disagreements with the Company regarding the operations, policies or practices of the Company.
About PAYBOX CORP (OTCMKTS:PBOX)
Paybox Corp., formerly Direct Insite Corp., is a software as a service provider (SaaS) that provides a unified working capital management platform. The Company’s component of its unified working capital management platform is PAYBOX, an order to cash process that provides a receivables automation solution, which combines electronic invoicing, online approvals and adjustments, Payment Card Industry (PCI) compliant electronic payments and integration with various legacy accountings, enterprise resource planning (ERP) or lockbox system. Banks and corporations use PAYBOX to manage day’s sales outstanding and manage straight-through accounts receivables (AR) posting. Its unified working capital management platform also provides a component that transforms procure to pay processes. The Company provides a working capital management platform for order to cash and procure to pay processes that facilitates transactions annually between over 375,000 companies across the world. PAYBOX CORP (OTCMKTS:PBOX) Recent Trading Information
PAYBOX CORP (OTCMKTS:PBOX) closed its last trading session down -0.060 at 0.230 with shares trading hands.
Paybox Corp., formerly Direct Insite Corp., is a software as a service provider (SaaS) that provides a unified working capital management platform. The Company’s component of its unified working capital management platform is PAYBOX, an order to cash process that provides a receivables automation solution, which combines electronic invoicing, online approvals and adjustments, Payment Card Industry (PCI) compliant electronic payments and integration with various legacy accountings, enterprise resource planning (ERP) or lockbox system. Banks and corporations use PAYBOX to manage day’s sales outstanding and manage straight-through accounts receivables (AR) posting. Its unified working capital management platform also provides a component that transforms procure to pay processes. The Company provides a working capital management platform for order to cash and procure to pay processes that facilitates transactions annually between over 375,000 companies across the world. PAYBOX CORP (OTCMKTS:PBOX) Recent Trading Information
PAYBOX CORP (OTCMKTS:PBOX) closed its last trading session down -0.060 at 0.230 with shares trading hands.
