Originally Posted by
bbriscoe34
I've been wondering what it takes to become one. Do you need a banking license? And how much anti-laundering diligence do you have to maintain? Its not like 2 bit convenience stores out in the sticks have very high tech systems to handle anything complex...
I hear ya, but Simon's problem will be, unlike the convenience store in the sticks, will process a lot of MOs to the same people over and over again. They'll need to have systems in place to account for that.
I'd love if they did, but my personal guess is that the compliance costs will be too great for them.