- GRBX expects to ship enough new integrated hardware and software units to bring $750,000 in monthly net income by year-end
- GreenBox has a goal of processing $1 billion of transactional volume in FY2019
- The company recently acquired Sky Mids Technologies, boosting its volume capacity
- GRBX is well positioned in multiple rapidly growing sectors, including payments processing, fintech and secure point of sale terminals
Fresh off deployment of its latest blockchain-based hardware and software to payments solutions clients, GreenBox POS, LLC (OTC: GRBX) is focused on ramping up transaction volume. GreenBox plans to ship enough of its newest TrustGateway units pre-installed with the company’s software by year-end to generate transaction volume that’s projected to contribute $750,000 per month to net income.
“We continue to work on increasing bandwidth and speed of transactional volumes,” Ben Errez, executive vice president of…
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com