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.”
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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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