Medical marijuana patients and care givers want an easy and convenient checkout option when paying for their medicine and products. However, it’s not been that easy as most are required to pay with cash. Now patients can pay securely and safely using a MasterCard, Visa, American Express or Discover debit or credit card.
Dispensary owners have experienced road blocks for years when trying to secure a merchant account for payment processing. Large amounts of cash in the register or office safe is dangerous for patients and employees. Unfortunately, operators can’t walk into bank' front door, but the side door is wide open.
Green Box payment processing is one option, however their system has been known to crash leaving merchants and patients frustrated. Green Box transaction fees are exorbitant and piled with extra fees for who knows what. They get away with it, because there's little competition. Companies like Green Box or processors oversees justify their high fees by saying, "It’s the cost of doing business." But you and I know that at the end of the day, the fees trickle down to patients.
Gift cards were a short term solution for dispensaries and helped brand products and enhance customer loyalty. Due to compliancy issues, last week Visa shut down the use of these cards (also known as quasi cash, a trade value system.)
I’ve been in the cannabis space for five years. My experience as a national cannabis business development speaker and CEO of Cannabis Business Solutions, Inc. gives me the confidence to share a payment processing solution that I believe in and use for my own company. We’re U.S. based and authorized agents for the most trusted processor in the world.
Our processing rates are half the cost of Green Box and our system is backup worldwide to avoid any crashes. Payment processing is for in dispensary purchases or delivery only. No online sales are permitted at this time. A required verification process meets all compliancy. Our processor's customer support is great and they help merchants with POS integration.
We know the business well and can have a dispensary accepting debit and credit cards in one to two weeks. However, there is an art to making the application for medical marijuana payment processing. We walk our clients through the process during a free consultation to discuss the corporation or LLC documents and website. So many people get tripped up during the application process that they either get denied or stuck in the pipeline. CBS is a safe and secure solution to offering patients the option of paying with a debit or credit card.
To receive rates or schedule a free consultation, contact Catherine M. Zito at Catherine@CBScannabis.com
or call (813) 486-2416. More info at CBScannabis.com