Running a Mississippi medical marijuana dispensary comes with its unique set of challenges, particularly in regard to getting set up with traditional merchant account services for processing debit and credit card payments. The Transaction Group (TTG) has been committed to addressing these challenges since 2011, offering specialized payment services tailored specifically for the cannabis industry. 

By collaborating closely with our banking partners, we’ve developed a credit card processing solution designed for cannabis dispensaries in legal states throughout the US, enabling them to seamlessly accept debit and credit card payments and digital wallets like Apple Pay and Google Pay. And, we’ve been offering these services to Mississippi businesses since 2022.

Our solution benefits both customers and business owners. For customers, the safety and convenience of not having to carry large amounts of cash or make a trip to an ATM prior to visiting the dispensary is a significant advantage. At checkout, customers pay a small convenience fee during the safe, smooth, and hassle-free transaction. 

Dispensary owners that have implemented our solution find it particularly beneficial as it eliminates the high credit card processing fees associated with traditional merchant accounts. This results in substantial monthly savings, often amounting to thousands of dollars. Moreover, customers typically spend more per transaction when using a card, which can significantly boost sales revenue and reduce the amount of cash on hand, thereby enhancing overall security.

In order to help make it easy for every business to get started, we’ve made our approval process as quick and straightforward as possible. With minimal documentation required, nearly any Mississippi cannabis dispensary can get approved and begin accepting debit and credit payments in under a week.

Once a business is approved, we expedite the shipment of our encrypted equipment via express mail. Setting it up involves just unpacking the equipment, plugging it in, and connecting it to a computer network— no complex installation required!

Our solution offers several key benefits:

• Ability to accept all major credit and debit cards, as well as Apple Pay & Google Pay
• Zero processing fees
• No holdbacks or reserves
• Comprehensive online reporting tools
• Fast settlement times, typically within 3-5 days

At TTG, we recognize the challenges that cannabis businesses have faced in obtaining reliable banking and financial services. However, we aim to continue to help to eliminate those headaches. Whether you’re in the planning stages of opening your first medical marijuana dispensary in Mississippi or already have multiple dispensaries but are looking to stop operating as cash-only, we’re here to serve you. 

We strive to support the growth and success of all cannabis industry businesses by offering solutions that streamline financial operations, increase sales, and improve overall business efficiency. Our goal is to make your business transactions as smooth and seamless as possible, allowing you to focus on what you do best—serving your customers.

For a reliable and efficient merchant account solution for your Mississippi marijuana dispensary,  look no further than TTG. Our team is ready and excited to assist you in elevating your business to the next level of operational excellence and profitability. Contact us at 888-383-8056 to get started.