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GreenBox POS to acquire payment processing company ChargeSavvy for $31.2M

GreenBox POS to acquire payment processing company ChargeSavvy for $31.2M

GreenBox POS (OTCQB:GRBX) Chairman Ben Errez says the San Diego-California-based financial technology company intends to acquire ChargeSavvy LLC, payment processing company for $31.2 million. Errez says the acquisition would add $500 million in processing volume to its Gen-3 platform, along with exposure to the retail industry.