HomeFinancePayment services company buys Florida firm

Payment services company buys Florida firm

OSG Billing Services, a Ridgefield Park-based omnichannel payment and customer communication solutions company, said Thursday it has acquired another company in the sector, Florida-based Paybox Corp.

Fort Lauderdale-based Paybox will continue to be led by President Matthew Oakes, operating as a subsidiary of OSG, the company said in a news release.

“This strategic acquisition is fully aligned with our strategy of integrating innovative technologies across the OSG platform,” Scott W. Bernstein, OSG’s chairman and CEO, said in a prepared statement. “The combination of Paybox’s powerful accounts receivable and accounts payable workflow management solutions with OSG’s existing integrated payment and B2B offerings will strengthen our position as a partner of choice for technology-driven, transactional and customer communications solutions. We are excited to have the Paybox team join the OSG family.”

OSG offers billing and payment services, as well as omnichannel engagement and communication solutions.

Related Articles

State Treasury says major revenues were down in February, citing early start on Tax Year 2025 refund processing

The state Department of the Treasury reported March 13 that February revenue collections for the major taxes totaled $3.091 billion, down $89.4 million, or...

Prudential Financial appoints CEO Sullivan to chairman, succeeding Lowrey

Newark-based Prudential Financial, Inc., announced that its board of directors has appointed Andrew Sullivan, currently serving as chief executive officer, to the additional role...

TD Bank U.S. adds Workday integration to expand embedded banking for businesses

TD Bank U.S., headquartered in Mount Laurel, said it has expanded its embedded banking offering to include functionality within Workday, a move aimed at...

Manasquan Bank’s Vaccaro named president of National Community Depository Institutions Advisory Council 

Manasquan Bank said March 9 that its chair, president, and CEO, James S. Vaccaro, has been appointed president of the National Community Depository Institutions...
00:00:53

Film industry growth offers new opportunities for N.J. bankers

The rapid expansion of New Jersey’s film and television industry is creating new opportunities for businesses and financial institutions across the state, panelists said...

American Express named official payments partner of MetLife Stadium, Jets and Giants

American Express is expanding its sports and entertainment partnerships with new long-term deals that will bring cardholder benefits to venues and teams in the...

Latest Articles

00:01:07

Sherrill highlights N.J.’s life sciences leadership at HINJ forum

Gov. Mikie Sherrill touted New Jersey’s leadership in the life sciences industry during a forum hosted by the HealthCare Institute of New Jersey on...

Norman’s Hallmark opens 10th N.J. location in Woodbridge

Norman’s Hallmark has increased its Garden State footprint with the opening of a new store at Cloverleaf Shopping Center. The grocery-anchored retail center is located...

Appwork of Ramsey announces another $7M investment to advance multifamily maintenance solutions 

AppWork, a property technology platform helping multifamily owners and operators eliminate maintenance backlogs and improve resident satisfaction, on March 16 announced the raise of...

Schuman Cheese sees fourth-generation leadership changes

Fairfield-based Schuman Cheese, a fourth-generation family-owned company and leading importer and distributor of specialty cheeses in North America, announced several changes in its leadership...

NAI DiLeo-Bram completes 20,000 SF in office leases in select Central Jersey market

NAI DiLeo-Bram & Co. recently completed four office leases totaling 20,000 square feet in the Middlesex County market. Helmed by Executive Vice President Robert Dinner, the deals span...

Grant supports 37 postdoctoral researchers at three Rutgers schools

Rutgers University has received a $1.5 million grant from the Gordon and Betty Moore Foundation to support 37 postdoctoral researchers across 12 scientific disciplines. The...

Latest Articles

Sherrill highlights N.J.’s life sciences leadership at HINJ forum

Gov. Mikie Sherrill touted New Jersey’s leadership in the life sciences industry during a forum hosted by the HealthCare Institute of New Jersey on...

Norman’s Hallmark opens 10th N.J. location in Woodbridge

Norman’s Hallmark has increased its Garden State footprint with the opening of a new store at Cloverleaf Shopping Center. The grocery-anchored retail center is located...

Appwork of Ramsey announces another $7M investment to advance multifamily maintenance solutions 

AppWork, a property technology platform helping multifamily owners and operators eliminate maintenance backlogs and improve resident satisfaction, on March 16 announced the raise of...

Schuman Cheese sees fourth-generation leadership changes

Fairfield-based Schuman Cheese, a fourth-generation family-owned company and leading importer and distributor of specialty cheeses in North America, announced several changes in its leadership...

NAI DiLeo-Bram completes 20,000 SF in office leases in select Central Jersey market

NAI DiLeo-Bram & Co. recently completed four office leases totaling 20,000 square feet in the Middlesex County market. Helmed by Executive Vice President Robert Dinner, the deals span...