Do we need to be licensed in any capacity, such as a money transmitter?

Asked Jan 30, 2024· 1 answer

Faisal KhanAnswered Jan 30, 2024

Yes, if you are collecting and distributing money on behalf of others, you would be classified as a Money Services Business, which requires a money transmitter license. This is based on the functions your Kiosk would be operating under.

Money Transmitter Licenses (MTL)Money Services Business (MSB)Money Services Business License US Licensing

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