- GreenBox is an industry leader in the point of sale (POS) marketplace due to the company’s emphasis on intuitive design, security and ease of use
- The company is already seeing applications for its products exceeding its 2019 annual transactional volume goal of $1 billion
- GreenBox is continually adding to its list of partners in order to expand its bandwidth to meet the needs of a growing customer base
GreenBox POS, LLC (OTC: GRBX), a noteworthy hardware and software technology company, is creating cutting-edge products that are safe, easy to use, intuitive and customized to clients’ needs. Specifically, its point of sale system has garnered much attention, earning loyalty with clients.
Demand for intuitive, customer-friendly POS systems has increased in recent years due to the high number of independent contractors and small business owners joining the job market. According to a Gallup poll (http://ibn.fm/7za4E), 36 percent of U.S. workers cited having some form of “gig” arrangement in 2018, with “gig” defined as a broad category including “contingent workers, independent contractors, online platform workers, contract firm workers, on-call workers and temporary workers.” Today, it is rare to encounter even the smallest business operating on cash alone, and many of these entrepreneurs, whether they be operating a food truck or an Etsy store, are searching for high quality digital ledger systems to keep their finances in order.
GreenBox is one such leader in the POS system marketplace. Offering products for a multitude of industries, the company prides itself on providing advantages over competing brands. The company is becoming known as the gold standard for the way all financial ledgers, for any industry, are created and maintained. Consequently, the company registered five provisional patents for its technology products. It is led by an accomplished team of industry experts with a wide array of experience. One such leader, Executive Vice President Ben Errez, has held prestigious positions at IBM, Microsoft Office and Intel, lending his experience with payment systems, security, reliability and privacy of software and hardware development to those companies.
In the next year, GreenBox is preparing for significant growth. Applications for the company’s services have already exceeded the 2019 goal of $1 billion in annual processing volume (http://ibn.fm/tIKDR). In anticipation of this increased demand, the company is adding strategic partners to increase its bandwidth, growing its customer base and boosting employee count.
This growth is due in large part to GreenBox’s exceptional menu of products. In a recent interview, Errez described the benefits of one such product: Quick Card, the brand name for the company’s new payment infrastructure. One main advantage of Quick Card, he explained, is merchants’ ability to receive payment promptly, without waiting several days for funds to go through (http://ibn.fm/VGvY1). The system is fraud-resistant and has significantly improved the ease of both cash and cashless transactions between merchants and customers. Other GreenBox products include LOOPZ, a delivery software solution; and Point-Of-Sale Solutions, GreenBox’s own software, developed in-house and loaded with various desirable features.
The future looks promising for GreenBox. The company reports that over 98 percent of all transactions using Quick Card end with a client downloading and installing the new application on any platform. Additionally, no client has ever withdrawn from the system to date, and transaction volumes are increasing every week (http://ibn.fm/idTXu).
For more information, visit the company’s website at www.GreenBoxPOS.com
