GreenBox POS New Payment System Shows Impressive Market Performance
July 17 2018 - 8:00AM
InvestorsHub NewsWire
GreenBox
POS New Payment System Shows Impressive Market
Performance
SAN
DIEGO, CA.
-- July
17, 2018 -- InvestorsHub
NewsWire
--
GreenBox
POS, LLC
(USOTC:
GRBX), ("GreenBox," the "Company") today
announces that its latest payment system, QuickCard, demonstrates impressive
market performance metrics. Since its launch in May 2018, the
blockchain-powered e-Wallet has performed without flaw.
GreenBox POS reports that over 98% of
all transactions using QuickCard end with a client downloading
and installing the new application on any platform. Additionally,
no client has withdrawn from the system to-date, and transaction
volumes more than double every week. The Company expects average
daily transaction volume to surpass $1 million in
Q4/2018.
"We are
pleased to announce impressive market performance metrics
for QuickCard and look forward to achieving
a record fourth-quarter in terms of transaction volume," states
Ben Errez, EVP of GreenBox. "The system passed all
stress tests to-date and is on its way to becoming the new standard
of payments."
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 athttps://www.GreenBoxPOS.com
Forward-Looking Statements Disclaimer:
This release
contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended and Section 21E of
the Securities Exchange Act of 1934, as amended. All
forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events or future performance of the company. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which are only predictions and speak only as of the date hereof. In
evaluating such statements, prospective investors should review
carefully various risks and uncertainties identified in this
release and matters set in the company's SEC filings. These risks
and uncertainties could cause the company's actual results to
differ materially from those indicated in the forward-looking
statements.
Public Relations and Media Contact:
GreenBox
POS,
LLC
www.GreenBoxPOS.com
Office:
619-930-5500
Info@GreenBoxPOS.com
Contact
Info:
2305 Historic
Decatur Road Ste. 100
San Diego, CA
92106
T:
619-930-5500