Cannabis companies usually encounter special difficulties with payment processing. Having limited traditional merchant accounts, they are forced to seek alternative solutions. It is important to understand how high-risk merchant accounts differ from other types of payment solutions in order to choose the most appropriate solution for secure and efficient transactions....
Understanding PIN Debit vs. Cashless ATM for Cannabis Dispensaries
Financial transaction barriers have long existed in the cannabis industry. Even in states where cannabis-related businesses are completely legal, traditional banks are still hesitant to serve them because of federal regulations in the US. In a market that relies heavily on cash, this poses a special challenge: how to provide...