Paystand Blog

Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.

What is a Bank Lockbox Service and How is it used for Payments

Across the cash management process, Bank Lockbox Services have been around for decades as a way for treasury and finance teams to improve their receivable process for checks and other payments sent through the mail. But in today's digitally connected Internet economy, electronic alternatives to traditional lockbox services have emerged.

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Eduardo Lopez Eduardo Lopez on October 22, 2020

Payments, B2B, Accounts Receivable, Lockbox Services

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