- The
company’s proprietary payment system is called ‘Green’
- Medical
Cannabis Payment Solutions offers payment and management solutions for
medical and recreational dispensaries and businesses
- It
offers commercial operators an option that promotes security in going
cashless
Medical Cannabis Payment Solutions (OTC: REFG) serves the legal
cannabis industry with a first-class end-to-end payment processing solution.
This solution is FinCEN (Financial Crimes Enforcement Network) compliant. Its
proprietary payment system is called ‘Green’, and the company specifically
customized this platform’s technology to be geared toward the cannabis
industry. Established in 2013, Medical Cannabis Payment Solutions is based in
Cheyenne, Wyoming.
The company provides payment and management solutions that
are integrable for medical and recreational dispensaries and businesses (http://ibn.fm/Wd6rI).
Essentially, as a first-tier merchant processing cannabis industry pioneer,
Medical Cannabis Payment Solutions offers one of the first and only
wide-ranging card processing operations of its type. This is primarily to serve
the state-sanctioned medical marijuana industry. Its state-of-the-art system
tracks sales and tax collection and does away with the requirement to deal in
cash-only transactions.
Cannabis Dispensary noted in its April 2018
article that legitimate, fully transparent payment choices outside of
traditional cash-only options are becoming available for dispensary
customers (http://ibn.fm/axZC8).
Furthermore, Forbes noted that hardworking marijuana business commercial
operators are struggling to find banks that will work with them. This forces
these businesses to conduct most business with cash (http://ibn.fm/uJ72l).
Therefore, Medical Cannabis Payment Solutions provides
commercial operators with an option that also promotes security in going
cashless. The company’s belief is that its ability to permit a licensed
provider to apply for a bank account online is a significant business benefit.
This is because the majority of providers are having their bank accounts shut
down.
Medical Cannabis Payment Solutions is offering a quality
resolution to medical and recreational marijuana businesses to address this
issue. It now allows online signup of merchant clients on its website. The
company also provides bank accounts online. This helps cannabis providers deal
with the problem of limited or no bank support resulting from federal
regulations. Moreover, most existing point-of-sale systems can be setup with
the company’s gateway.
As a link between a bank and a dispensary, its payment
solution card allows patients and customers to link checking accounts from any
U.S. bank to their ‘Green’ accounts. The card is unique for purchasing
cannabis-related products from state-sanctioned merchants. In addition, the
company has teamed up with First Bitcoin Capital Corporation to enable
cryptocurrency payments.
Regarding its complete payment and management solutions,
Medical Cannabis Payment Solutions enables legal dispensaries and related
business to employ the system to pay employees, owners and bills via electronic
funds. The system also allows businesses to manage client and product
information through one complete platform. Also, depending on a client’s
volume, the company offers secured/armored pick-ups. This provides added
security to cash handling.
Medical Cannabis Payment Solutions continues to innovate
regarding solutions for the legal cannabis industry. Its focus is on addressing
the banking concerns of medical and recreational marijuana businesses and
providing transactional security for these entrepreneurs. The company is
offering growth opportunities to its clients and shareholders alike.
For more information, visit the company’s website at www.Take.Green
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QualityStocks (QS)
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www.QualityStocks.com
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Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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