Florida Marijuana Dispensary Merchant Account Services
Do you operate a Florida Marijuana Dispensary as a cash-only business? It’s time to transition from an antiquated cash-only model to incorporating a modern merchant account services solution. The Transaction Group (TTG) provides the best payment processing services tailored to the cannabis industry. Whether you are launching a new dispensary or currently manage several dispensaries, TTG is 
here to support your needs.
TTG recognizes the banking hurdles that marijuana businesses have encountered over the years. Since 2011, we have proudly assisted retail cannabis businesses in cities nationwide in implementing dependable credit card processing solutions. Over the past decade, we’ve worked with many cannabis businesses in states throughout the US.
Our unique merchant account alternative allows Florida marijuana dispensaries to accept debit and credit card payments, along with digital wallets like Apple Pay and Google Pay. The checkout and payment process is seamless and efficient, much like transactions we’re used to in our everyday lives.
Over the years, all dispensaries that have adopted our solution have reported that they prefer it over traditional merchant accounts due to the substantial cost savings. Just like other high-risk industry businesses, transaction processing rates were 5-6% for cannabis businesses. For the average dispensary, these rates result in thousands of dollars in monthly transaction fees. Our solution eliminates processing fees, offering significant savings potential.
At checkout, customers are willing to pay a small fee for the convenience of using their cards. Today’s consumers favor the ease and security of credit and debit card payments and generally accept this fee without objection. Accepting cards not only attracts a broader customer base but can also increase sales, as customers tend to make larger purchases when using their preferred debit and credit cards.
Our streamlined application requires minimal documentation, allowing for fast and easy approvals. Once approved, the pre-programmed equipment is shipped via express mail. To start taking debit and credit cards, the business simply needs to plug in the terminal and connect it to a network. Most Florida marijuana dispensaries can have a merchant account solution operational within seven business days of the application.
Key features of our solution include:
- Ability to take all major credit & debit cards & digital wallets
- Zero processing fees for the merchant
- Comprehensive online reporting
- No holdbacks or reserves
If your business is still operating on a cash-only basis, it’s time to make the transition. A cash-only model poses several challenges and risks, especially concerning safety for both customers as well as the business. By adopting our cannabis credit card processing solution, you not only reduce these risks but also offer a value-added service to your customers.
Contact us today at 888-383-8056 let us help you help take your business to the next level. We’ll show you how easy it can be to implement our merchant account alternative for your Florida marijuana dispensary. We look forward to assisting you and helping your business thrive.
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Are you shopping for a better rate? Let us save you money!
Most merchants are unaware that interchange rates are adjusted as much as 2x per year. Over the course of several years, those adjustments can hike up a merchant’s rate and cost the merchant thousands in processing fees. Contact us via the form above, or call us today at 888-383-8056. Chances are, we can save you up to 25% over your existing rates and fees!
Why do businesses choose to work with The Transaction Group?
- We aim for 100% customer satisfaction. We understand that the customer comes first. At the end of the day, if the customer is not happy, we’re not happy.
- We offer a FREE rate analysis to every business. In most cases, we can save a business up to 25% on existing rates and fees. But if we can’t beat a customer’s rate, we’re upfront from the start. We don’t waste the customer’s time.
- We are reliable and always available. If a customer has any concerns, we’re available even after business hours. We’ll address any issues immediately.
- We don’t believe in one-size-fits-all.We provide solutions based on the specific requirements of each and every business. What’s best for one small business may not work for another.
- We have a fast & easy setup process. In most cases, we offer a fast and easy approval and set up. While some high risk businesses can have longer underwriting times, we keep the customer informed throughout the process and work for fast approvals.
- We have solutions for every business type. From low-risk card-present credit card processing solutions to payment processing solutions for high risk e-commerce stores, we’ve got it all.
