- Medical
Cannabis Payment Solutions serves the legal cannabis industry with a
first-class, end-to end payment processing system
- Its
payment architecture is called “Go”
- The
company’s is committed to helping businesses process payments securely
Medical Cannabis Payment Solutions (OTC: REFG) provides
payment and management solutions to the legal cannabis industry. The company
serves this industry with a premier end-to end payment processing system. This
proprietary payment system is called “Go.” A FinCEN (Financial Crimes
Enforcement Network) compliant enterprise, Medical Cannabis Payment Solutions
has its corporate office in Cheyenne, Wyoming.
Marijuana Business Daily noted in a June 2018 article that
the industry is suffering banking woes and searching for solutions to this
issue (http://ibn.fm/qFUYm).
This is where Medical Cannabis Payment Solutions comes in, as it is a
first-tier merchant processing cannabis industry pioneer. Fundamentally, its
state-of-the-art system tracks sales and tax collection and does away with the
need to deal in cash-only transactions. The company’s “Go” platform and
technology is expressly targeted to the cannabis industry.
Medical Cannabis Payment Solutions permits merchant clients
to sign up online on its site. Furthermore, the company provides bank accounts
online. Therefore, cannabis providers have a solution to the problem of limited
or no bank support resulting from federal regulations still on the books. Also,
this system provides businesses with an advanced client management system. A
majority of point-of-sale systems can be set up with the company’s gateway, and
it lessens the need to deal in cash. This cuts down on security concerns for
the legal cannabis industry.
The Sacramento Bee reported in October 2017 that
legalized cannabis is still a cash business, and dangerous (http://ibn.fm/LRMrM). This is an
issue that Medical Cannabis Payment Solutions is aggressively addressing. It is
bringing to the marketplace the first and only comprehensive card processing
operation of its type. The company’s system will process approximately 60
million transactions (http://ibn.fm/x2Nnw).
The system will securely, safely and in a totally transparent manner issue one
million new cards.
Nonetheless, the “Go” system still facilitates cash
transactions for medical and recreational cannabis businesses. A business can
accept cash with an understanding that it has a safe and user-friendly way in
which to manage cash with deposits, withdrawals, spending and transfers all out
of one seamless system. At its heart, the system is a link between a bank and a
dispensary. The payment solution card enables patients and customers to link
checking accounts from any United States bank to their “Go” accounts. The
benefit to customers is speed and convenience in purchasing state-licensed
products, which they can do directly from their bank accounts (http://ibn.fm/ZIFEk).
Offering the benefits of banking and merchant processing,
Medical Cannabis Payment Solutions continues to innovate in the legal cannabis
sector. The company’s goal is to help businesses operate legally and process
payments securely. Regulatory compliant and dedicated to this mission, Medical
Cannabis Payment Solutions offers its customers and stakeholders new ways to do
business in a burgeoning industry.
For more information, visit the company’s website at www.PayWithGo.com
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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