The New York Financial Ministry of Financial Services (DFS) has published a consumer alert of Pay-O-Matic.

DFS has confirmed that Payomatic, provider of money redemption and transfer and transfer services, has stopped activities and the department has suspended the company’s licenses. Customers affected can contact Payomatic Customer Service: www.payomatic.com/contact-us.

If you cannot solve your problem with Payomatic, you can file a complaint to the Consumer Aid Unit of the Department.

The Pay-O-Matic site displays the following notice:

‘For our appreciated customers,

We are sorry to inform you that after more than 50 years of service in your communities, all Pay-O-Matic Check Excaling Store sites are closed since September 12, 2025. In addition, the Pay-O-Matic Payment Payment Network and Pay-O-Matic Payment Services are no longer available either at the locations of our affiliates or in the locations. New Jersey.

Contact Pay-O-Matic Customer Service Number at 516-496-1970 if you have any questions.

Keep in mind that all MasterCard® Prepaid Mastercard® card holders can continue to use their prepaid cards anywhere the Debit Mastercard is acceptable and can access their money in ATM locations. If you need to have any questions about your prepaid card, please contact customer service number at 844-441-8671.

Thank you,

The Pay-O-Matic Corporation ”