Hardware and software technology company GreenBox POS (OTC:
GRBX) this morning reported that it has started a new banking relationship
under which it has already boarded and commenced processing accounts with
volumes of more than $50 million annually. In addition, the company holds the
option to increase the volume for these accounts to over $100 Million annually
by the second quarter of 2019. “GreenBox will continue to add to its roaster of
strategic partners in order to achieve the processing bandwidth it needs to
support the business of its growing customer base,” GreenBox Executive Vice
President Ben Errez stated in the news release. “We have new applications for
our services in a total amount that far exceeds our 2019 goal of $1B in annual
processing volume. As such, we need to grow our bandwidth accordingly.”
To view the full press release, visit http://ibn.fm/87Y7S
About GreenBox POS, LLC
GreenBox POS (“GRBX”) is a groundbreaking technology company
that builds customized payment solutions for a multitude of industries. The
company has developed the fastest and safest way to send and process money
using Blockchain technology. The company was awarded 5 provisional patents for
its technology. GreenBox POS develops the following main products: POS (Point
of Sale software and hardware solutions); DEL (delivery app, APIs to POS and
PAY); PAY (payment app, providing financial APIs to all other components);
KIOSK (deposit, cash and E-wallet management). All products, services and
custom hardware are available now from GRBX. GRBX is based in California with
offices in Seattle, WA; Las Vegas, NV; Vancouver, BC, Canada; and HQ in San
Diego, CA. For more information, visit the company’s website at www.GreenBoxPOS.com.
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