Meracord receives money transmitter license

New payment processing and money transmission services

Meracord, a third-party contract payment service provider, has received a money transmitter license from the California Department of Financial Institutions (view press release). As a result, Meracord will be able to offer its suite of payment processing and money transmission services to California-based residents.

We are very excited to have received the California Money Transmitter License. It is essential for our business to work in compliance with state laws and regulations and to have the companies we do business with do the same,” said Linda Remsberg, Meracord’s CEO and President. “Our dedication to the protection of consumers is our highest priority and with these licenses we are able to say we are doing our job right.”

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