FinLaw’s Post

COBO “Collecting on Behalf of Others” biz becoming wildly profitable bc 1. Fragmented cross-border banking 2. ⬆️# of unbanked 3. High remittance costs Mechanics & License Reqs. ➡️ https://lnkd.in/dNdJivnS #Payments #COBO #moneytransfer #paymentslicense #moneytransferbusiness

COBO “Collecting on Behalf of Others” biz becoming wildly profitable bc 1. Fragmented cross-border banking 2. ⬆️# of unbanked 3. High remittance costs Mechanics & License Reqs. ➡️ https://lnkd.in/dNdJivnS #Payments #COBO #moneytransfer #paymentslicense #moneytransferbusiness

COBO “Collecting on Behalf of Others” biz becoming wildly profitable bc 1. Fragmented cross-border banking 2. ⬆️# of unbanked 3. High remittance costs Mechanics & License Reqs. ➡️ https://lnkd.in/dNdJivnS #Payments #COBO #moneytransfer #paymentslicense #moneytransferbusiness

COBO “Collecting on Behalf of Others” biz becoming wildly profitable bc 1. Fragmented cross-border banking 2. ⬆️# of unbanked 3. High remittance costs Mechanics & License Reqs. ➡️ https://lnkd.in/dFEGENVe #Payments #COBO #moneytransfer #paymentslicense #moneytransferbusiness

Navigating the world of payment collections and deposits from your point of sale or warehouse to the bank brings about a number of challenges, with the biggest one being the secure storage of cash and proper reconciliation of payments. This process can become much smoother with Loop's Commercial Cash Deposit Machine (CDM). Take a look at how you can conveniently use these cash deposit machines to streamline your payments. Talk to us to learn more: https://lnkd.in/dUa2aGYX #cdm #cashdepositmachine #cashintransit #cashflow #payments #cashcollections #cashondelivery

Streamline your branch's profitability and enhance customer service by using the GLR series cash recycler. This innovative technology simplifies cash-handling procedures, verifies banknotes automatically and shortens transaction times. Empower your tellers to focus on meeting customers' needs while boosting your bottom line with the GLR series cash recycler. #fec #financialequipmentcompany #financialequipment #casino #service #efficiency #cash #bank

💡Did you know.The 'Non Cash Adjustment' item on your receipt is actually a game changer for businesses. It allows for zero fee credit card processing by adding a small surcharge, but only on card transactions.Cash, PIN DEBIT and EBT remain unaffected. Wise move or not.Share your thoughts below. 🗣️💬 #ZeroFeeProcessing #InnovativeBanking.

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Evaluate the benefits of lockbox services offered by your bank for faster processing of receivables, improved cash flow, and reduced administrative burden, potentially leading to better banking terms. #Business #Finance #Banking

The Banking Expert not only saves brokerages thousands on their banking and payments fees, we will also help you generate tens of thousands per month from our network of liquidity providers. We currently leverage around 20 yards per month in referred volume, so you can take advantage of this negotiating power, and qualify your brand for huge rebates today. #moneysaving #moneymaking