Do we need to be licensed in any capacity, such as a money transmitter?
Money Transmitter License
Asked by Question Bot30/Jan/20241 answer
1 Answer
F
Faisal Khan
Answered 30/Jan/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.