Bronxites Left in Lurch as Check Cashing Chain Goes Under
A young man who normally opens the door for customers at the Pay-O-Matic on East Gun Hill Road for spare change was found sleeping in front of the location after the check cashing giant was temporarily closed on September 16. -Photo by David Greene By David Greene Bronx Voice October 10, 2025 BRONX - Longtime customers of check cashing giant Pay-O-Matic and its hundreds of employees in the Bronx remain in limbo after Pay-O-Matic announced that they have ceased operations. Money transfer giant Western Union has confirmed that they are in negotiations to acquire the business. On September 16, a notice was observed in the window of its location at 11 East Gun Hill Road that read in part, “After more than 50 years of service to your communities, all Pay-O-Matic check cashing store locations are closed as of September 12.” In an undated posting on the New York City Department of Financial Services ...
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