PAYBOX CORP (OTCMKTS:PBOX) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.
release announcing, among other things, the Companys financial
results for the fourth quarter and year ended December 31, 2016.
A copy of the press release is furnished as Exhibit 99.1 to this
report.
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Exhibit No.
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Description
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99.1
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Press Release of Direct Insite Corp. dated March 31,
2017, furnished herewith. |
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 -0.043 at 0.242 with shares trading hands.