Credit Card Processing for CBD & MMJ
NEW CREDIT CARD PROCESSING HIGHLIGHTS!
Dept. of Treasury approved
FINCEN (Financial Crimes Enforcement Network) approved
Visa compliant
Close loop system - does not use Fed wire - credit card loads e-wallet backed by bank, e-wallet pays for transactions and is deposited directly into merchants account.
100% domestic as it is owned and operated by a tier one bank domiciled in the USA with $30B in depository reserves
No reserve or hold back
Accepts cash deposits
Accepts legacy cash or cash that has been held for years due to lack of access to banking
Payout to merchant account 24-48 hours after cash or credit card transaction is run
Bank accounts and solutions available
Visa, MC, AMEX, Discover accepted
Debit cards accepted
Brought to market by former execs of First Data Corp
On boarding process - 5 days from application to processing
Integrates with over 500 leading gateway and shopping cart providers
THX