CANNABIS CREDIT CARD PROCESSING
The ability to accept credit card payments is crucial in creating the ideal customer experience and differentiating your dispensary from the competition.
What is Cannabis Credit Card Processing Today?
Cannabis Credit Card Processing Today is a company that offers a solution to the cash-only or ATM Solution payment methods for cannabis businesses, like manufacturers, cultivators, distributors, and more. We founded our company thinking specifically about the cannabis industry. We believe that legal and legitimate cannabis businesses should have the same options as other businesses.
Why Can’t Cannabis Businesses Accept Card Payments?
The cannabis industry has been growing fast due to its legalization in most states. However, most banks and credit card companies refuse to process transactions for the industry. This is because cannabis is still categorized as a Schedule 1 Controlled Substance in the United States, which means it is illegal under federal law and can't be used for medical purposes in many states.
The solutions offered by Cannabis Credit Card Processing Today are completely compliant. We follow card processing and banking regulations to keep the process compliant. We assist with MRB bank accounts as needed to compliantly deposit funds.
Forget About the Risks of Only-Cash Payments
The cannabis industry is a high-risk one. It is one of the most regulated industries in the world, and it has been a challenge for companies to find banks willing to take on their business.
The only-cash option that cannabis dispensaries have has put them in a difficult spot for many reasons. Most of these businesses have taken expensive measures to keep their staff and profit safe.
Cannabis Credit Card Processing Today provides a convenient solution for retailers and consumers. They would no longer have to worry about carrying large sums of money, and retailers would not need to worry about theft or losing customers because they do not accept credit cards.
Multiple Options Available
When customers have several options, they're more likely to buy from your business and spend more money.
Cannabis businesses can use Credit Card Processing Today to accept credit cards compliantly and ensure that every transaction is secure.