Lighthouse Payment Services, Inc
Financial ServicesMassachusetts, United States11-50 Employees
Lighthouse Payment Services, Inc. operates in the financial services sector with a focus on image-based payment processing and lockbox services for a diverse client base that includes financial institutions, corporations, non-profits, and municipalities. The company handles customer payments by opening, imaging, and depositing them to banks nationwide, leveraging its processing capability to move funds efficiently. It can also supply feeds to a client's accounts receivable system to automatically update receivables, aiding reconciliation and cash flow management. Headquartered in Woburn, Massachusetts, the firm is a small-to-mid-sized player within its niche. In late 2022, Grasshopper Bancorp formed a partnership with Lighthouse Payment Services to offer wholesale and retail lockbox services to Grasshopper’s client base. The service scope appears national, serving institutions and organizations across the United States and spanning multiple industries.
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