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OLB Group Inc. (OLB)

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Last Post: 3/2/2021 8:53:08 AM - Followers: 20 - Board type: Free - Posts Today: 0

OLB Group, Inc. (NASDAQ:OLB)

THE OLB GROUP, INC. : OLB Stock Price | MarketScreener
The OLB Group, Inc. (NASDAQ: OLB) is a FinTech company and payment facilitator. The Company, through its subsidiaries, provides integrated financial and transaction processing services to businesses throughout the United States. OLB is focused on providing merchants with a range of products and services through its various online platforms, including financial and transaction processing services. OLBG also includes the products that provide support for crowdfunding and other capital raising initiatives. OLB's subsidiaries include eVance, Inc. (eVance), OmniSoft.io, Inc. (OmniSoft) and CrowdPay.Us, Inc. (CrowdPay). eVance operates as an independent sales organization (ISO) generating individual merchant processing contracts in exchange for future residual payments. CrowdPay is a crowdfunding platform. OmniSoft operates a software platform for small merchants. Securus365 operates as a retail ISO. OLB also provides eCommerce development and consulting services on a project by project basis.

Current PriceOLB: OLB Group Inc - Stock Price, Quote and News - CNBC

CEO Interview with OLB Group: High-Growth Fintech Company on the Move - YouTube

OLB Investment Ratings on CNBC.com
The current Price Target for OLB is $11.90.

PowerPoint Investor Presentation:

Updated Investor Fact Sheet:  Investors data - OLB GROUP
Shares Outstanding: 6.1 Million
2019 Revenue  $10.3 Million

OLB Group enables crypto payments for thousands of US merchants

Small businesses can now accept cryptocurrency payments using OLB’s point-of-sale technology.

OLB Group (OLB), a New York-based e-commerce merchant service provider, is making it easier for businesses to accept cryptocurrency payments.

OLB’s more than 8,500 merchants are now able to accept Bitcoin (BTC), Ethereum (ETH), USDC and DAI at the point-of-sale through the company’s OmniSoft business management platform. Customers wishing to pay with cryptocurrency in-store or through their mobile phones can simply elect to do so with their cryptocurrency wallets. All payments are processed through SecurePay, a payment gateway that authenticates the transaction, converts the cryptocurrency to U.S. dollars and approves the final sale.

The decision to integrate cryptocurrency payments was partly driven by the growth of contactless and online orders during the Covid-19 pandemic. With the OmniSoft platform already providing merchants with several options to facilitate payments, cryptocurrencies were the next logical step. 

Ronny Yakov, OLB Group’s CEO, says the payment gateway and point-of-sale architecture are “familiar territory for merchants,” which makes integrating cryptocurrencies through such channels easy.

On the topic of cryptocurrency payments – a promising but underutilized use case for the industry – Yakov believes we are still in the very early stages of adoption.

“It’s very early in crypto-as-a-payment adoption, but we see increasing interest from merchants exploring this payment option as a means to meet their customers however and wherever they prefer,” Yakov tells Cointelegraph.

He also believes certain industries are more likely to adopt crypto payments before others:

“We anticipate that adoption will happen more quickly in higher-ticket transactions such as jewelry, B2B billing and real estate because the transaction fees for cryptocurrency processing are lower – often half of typical credit card fees.”

Cryptocurrencies like Bitcoin have struggled to become a viable medium of exchange, inviting criticism about their utility. Charlie Munger, the billionaire investor and Berkshire Hathaway vice chairman, recently criticizedBitcoin for being “too volatile to serve well as a medium of exchange.”

With development work on scaling and sidechains still in progress, it remains to be seen whether cryptoassets will ever function efficiently as payment systems. In the meantime, assets like Bitcoin and Ethereum are valued for their store-of-value and development capabilities, respectively.

OLB Group enables crypto payments for thousands of US merchants (cointelegraph.com)

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OLB News: OLB Streamlines Cryptocurrency Processing for Merchant Convenience 03/04/2021 09:14:32 AM
OLB News: OLB Group launches gateway to speed crypto transactions for merchants 03/04/2021 08:05:45 AM
OLB News: OLB Group Simplifies Social Media App Payment Acceptance for Merchants 03/02/2021 07:10:56 AM
OLB News: OLB Group rallies on offering cryptocurrency payment options 02/10/2021 08:19:26 AM
OLB News: Initial Statement of Beneficial Ownership (3) 01/15/2021 02:30:13 PM
#1542   OLB Group Simplifies Social Media App Payment Acceptance MegaDeath 03/02/21 08:53:08 AM
#1541   OLB Group Inc (OLB) mick 02/21/21 01:13:00 PM
#1540   OLB Group Cryptocurrency Support Expands Contactless Point of MegaDeath 02/17/21 09:36:06 AM
#1539   www.stockscores.com/chart.asp?TickerSymbol=OLB&TimeRange=180&Interval=d&V mick 02/14/21 07:16:53 AM
#1538   I cannot believe that OLB hit over $16 conix 02/10/21 10:53:09 AM
#1537   APHA, TLRY, SNDL and OGI among premarket gainers conix 02/10/21 09:38:24 AM
#1536   CNBC.com is a great place to watch Pre-Market trading. conix 02/10/21 09:26:57 AM
#1535   OLB Group (NASDAQ:OLB) rallied 84.2% higher premarket conix 02/10/21 08:39:29 AM
#1534   OLB Group Announces Plan to Offer Cryptocurrency Payment MegaDeath 02/10/21 07:55:39 AM
#1533   There has been alot of attention to these conix 02/09/21 12:41:17 PM
#1532   CEO Interview had some interesting news in it. conix 02/04/21 01:47:47 PM
#1531   OLB Group Inc (OLB) mick 02/01/21 07:03:25 PM
#1530   CEO of OLB recently interviewed on YouTube, mick conix 02/01/21 04:58:16 PM
#1527   Interesting to say the least. MegaDeath 02/01/21 07:17:47 AM
#1526   https://otcbb.swingtradebot.com/equities/OLB N.Y. , NASDAQ mick 02/01/21 12:05:33 AM
#1525   Seeking Alpha had a comment on OLB. conix 01/31/21 11:31:30 AM
#1524   OLB Group: Promising New Technology Initiatives conix 01/27/21 06:30:57 PM
#1523   OLB Group 2020 Highlights: Well Positioned For Potential conix 01/25/21 09:49:26 AM
#1522   That's a good sign, in these tough times. MegaDeath 01/22/21 03:11:13 PM
#1521   Looks like OLB is hiring--according to their Facebook Page. conix 01/22/21 03:03:55 PM
#1520   Raising Price Target on OLB to $9.00 as conix 01/07/21 02:07:43 PM
#1519   Looks like there are some legs to this, Pete conix 01/07/21 12:38:00 PM
#1518   Global Market For Retail Omni-Channel Commerce Platform Could conix 01/06/21 02:29:23 PM
#1517   Tweets on OLB on the rise conix 01/06/21 10:57:13 AM
#1516   Sounds great! MegaDeath 01/06/21 08:37:09 AM
#1515   OLB Projects Continued Strong Revenue Growth in 2021 conix 01/06/21 07:40:08 AM
#1514   Better days ahead? Nice move all of conix 01/05/21 08:43:06 PM
#1513   Found this on Seeking Alpha on OLB in conix 12/31/20 06:30:21 PM
#1512   Thanks for sharing. MegaDeath 12/30/20 11:03:04 AM
#1511   Got this by PM. Thought I would share conix 12/30/20 10:55:40 AM
#1510   I agree. OLB due for uptick IMO. MegaDeath 12/30/20 08:57:58 AM
#1509   Been doing good in some of these e Spicknspan 12/29/20 09:08:32 PM
#1508   Trading resumed yesterday not too long after the MegaDeath 12/23/20 08:18:54 AM
#1507   Nice day. And I wasn't around to see conix 12/22/20 09:45:06 PM
#1506   OLB Group Shares Halted On Volatility; Shares Up MegaDeath 12/22/20 01:27:28 PM
#1505   Thanks for the OLB Chart conix 12/18/20 01:47:15 PM
#1504   www.stockscores.com/chart.asp?TickerSymbol= OLB&TimeRange=275&Interval=d& mick 12/17/20 10:28:47 PM
#1503   OLB Interview on YouTube conix 12/14/20 09:13:53 PM
#1502   OLB rarely closes at the low of the day. conix 12/07/20 05:39:02 PM
#1501   OLB Group Inc (OLB) mick 12/07/20 01:48:13 PM
#1500   Always wondered how that Doublebeam acquisition has been conix 12/03/20 04:05:10 PM
#1499   OLB Sees Strong Opportunities in the Hospitality Sector MegaDeath 12/03/20 07:07:16 AM
#1498   OLB was included in the comment section on conix 11/24/20 02:34:44 PM
#1497   $OLB https://www.nasdaq.com/market-activity/stocks/olb/press-releases $Pistol Pete$ 11/23/20 09:14:14 PM
#1496   Not too shabby. MegaDeath 11/23/20 04:24:40 PM
#1495   Nice volume and trend. Just wish we could conix 11/23/20 04:13:07 PM
#1494   News out today on OLB is interesting. I conix 11/19/20 12:12:20 PM
#1493   OLB’s CrowdPay Facilitates SMB Crowdfunding Under New SEC Rules MegaDeath 11/19/20 09:15:51 AM
#1492   OLB Offers Payment Processing Options for Cannabis and MegaDeath 11/16/20 07:36:14 AM
#1491   OLB Group Inc (OLB) mick 11/13/20 03:30:38 PM
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