I think it's magic, seeing as how it's 'free' and can keep your info secure like that.
Neither of which I believe.
Neither of which I believe.
The Members Group is a financial services company (serving roughly 2 million members) and is one of our main investors and security partners. Working together with them, we've been able to provide Grid's distribution for free.
But you do bring up a good point to clarify. While the Grid is free, using our rails is not. In our online and mobile platforms, we charge a flat fee of 25 cents, no matter the size of the transaction. So, when a third party does build on top of our network, we still hold onto that quarter. This is our only fee.
Sorry for misleading you. I'll change the verbiage.
I'm pretty sure your assumptions about what it means to have The Members Group as an investor need to be double-checked. I believe you're still going to need licenses to operate in most states.
Aaron
For example, if you do a $15k transaction, do you have reporting requirements?