Since opening our doors in 2004, The Transaction Group (TTG) has been assisting merchants around the globe with payment solutions. We specialize in working with high-risk industries and have assisted cannabis businesses with merchant solutions since 2011. Our credit card processing services are available to marijuana dispensaries in major US cities, including Boston, Massachusetts.
Unfortunately, some dispensaries are caught up in the old school practice of operating their businesses as ‘cash-only.’ Cash-only businesses bring unnecessary risk and additional challenges to their operating procedures. It’s undoubtedly more dangerous for cannabis dispensaries to have excess cash on hand. Operating in this manner may make these businesses be more susceptible to theft.
Dispensaries that are still operating as cash-only, or that rely on an onsite ATM may not realize they can have an alternative payment solution that will benefit their business in multiple ways.
In addition to our service being a smooth and safe way to accept payments and reduce overall cash on hand, it can lead to increased sales revenue. Our dispensary clients have informed us that their customers prefer paying with a debit or credit card, and when they do, they tend to make larger purchases. At checkout, a customer pays for their products with a credit card just like any card transaction that we are all familiar with in our daily lives.
If you own or manage a marijuana dispensary in Boston, MA., and need an alternative payment solution, allow TTG to set your business up with our credit card processing solution. With TTG’s payment processing solution you’ll have:
- no holdbacks or reserves
- settlement in 3-5 days
- the ability to accept major credit & debit cards
- a low-cost solution with no processing fees
- online reporting
- banking services available
Setting up a payment processing solution with TTG couldn’t be easier! Our approval process is fast and setup is simply plug and play. Once approved, we’ll ship the pre-programmed equipment express mail. All you’ll need to do to start accepting debit and credit cards from customers is power up the terminal and connect to a network. Of course, we’ll walk you through the process to ensure everything is working properly.
Whether you have an existing marijuana dispensary in Boston, MA., or are just opening a new one, a credit card processing solution from TTG is a must have. And, if you’re an agent looking to help set dispensaries that could use our services, we’d like to hear from you. Contact TTG today at 888-383-8056 to get started.