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GreenBox POS Adding New Banking Relationship; Boarding New $50 Million Accounts

SAN DIEGO, CA / ACCESSWIRE / November 6, 2018 / GreenBox POS, LLC ("GreenBox", "GRBX", the "Company") (OTC PINK: GRBX) is pleased to announce that the Company initiated a new banking relationship, and already boarded and began processing accounts volume of over $50 Million annually. GRBX has the option to increase the volume for these accounts alone to over $100 Million annually by Q2/2019.

"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," said Ben Errez, Executive Vice President of GreenBox. "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."

GreenBox is also investing in human resources and is increasing its employee base. Careers at all levels are available at the Company's website and resumes may be sent to jobs@greenboxpos.com.

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 https://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

SOURCE: GreenBox POS, LLC