GreenBox POSProduct Overview
GreenBox POS product overview
GreenBox POS is a fully-integrated blockchain-based system that provides cashless solutions for all businesses. It combines the capabilities and security of blockchain with bank-level tools for settling transactions and monitoring cashflows.
GreenBox provides features for compliance, financial audit prep, expense tracking, tax payments, and data fidelity controls. It delivers scalability for businesses to accept payments, transact, send, settle, and convert in a single ecosystem.
This payment solutions platform enables an end-to-end suite of turnkey financial products, reducing fraud and improving the efficiency of handling large-scale commercial processing volumes for its merchant clients globally.
Pros of GreenBox POS
- GreenBox facilitates proxy piercing, address verification, fraud scoring, and two-factor authentication to defend against scammers.
- The platform reduces guesswork and confusion by allowing organizations to view, calculate, and monitor commission payouts.
Cons of GreenBox POS
- Some users experience delays in transferring funds from GreenBox.
Breakdown of core features
Reporting
GreenBox’s advanced reporting feature empowers companies to gain deeper insights into cashflows. It lets users run reports on merchant transactions, chargebacks, agents, and affiliate commissions.
Blockchain ledger
The platform brings a real-time transaction ledger that gives an updated and accurate account of financial records. It uses digitally encrypted keys to verify, secure, and record details of each transaction conducted within GreenBox’s private ecosystem.
Security
GreenBox ensures security with its PCI Level 1 compliance. It also has partnerships with trusted companies, including Verisk G2, Chargeback 911, and VGS to protect against risk, fraud, chargebacks, and hackers.
(Last updated on 02/02/2022 by Liz Laurente-Ticong)
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