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Colorado Marijuana Dispensary Merchant Account Services

If you own a marijuana dispensary in Colorado and are looking for merchant account services to handle credit and debit card payments, The Transaction Group (TTG) has you covered. We offer a merchant account alternative designed specifically for the cannabis industry.

Since 2011, TTG has focused on meeting the unique business needs of the industry. By partnering with several credit card processing providers, TTG has enabled many dispensaries to process cards much like a traditional merchant account.  

colorado marijuana dispensary merchant account servicesThis solution is popular among customers for its unique benefits, including the convenience and security of not needing to carry cash or withdraw significant amounts of money from ATMs prior to visiting a dispensary to make purchases. Instead, the customer pays a small service fee at checkout to complete their transaction.  

Colorado marijuana dispensary owners particularly appreciate this service because it does not involve the typical processing fees associated with merchant account services. Without fees of 5-6% per transaction, there is considerable cost savings each month for the business. Additionally, statistics reveal that customers often spend more when they pay with a card, which can increase total sales revenue while also decreasing excess cash on hand.

TTG’s approach to integrating these payment processing services is straightforward and efficient. With the limited amount of documentation required for approval, nearly any cannabis dispensary in Colorado can get a quick approval and start using these services within a mere seven days or sooner.

The setup process is easy too. Once a business is approved, TTG quickly ships encrypted processing equipment via express mail. The equipment simply needs to be unpacked, plugged in and powered up, and connected to a network. 

The primary benefits of TTG’s services include:

  • No withholding of funds or reserves
  • Comprehensive tracking and online reporting tools
  • Ability to accept all major credit and debit cards, including digital wallets like Apple Pay & Google Pay
  • Zero processing charges for merchants
  • Fast transfer of funds (typically within three to five business days)

TTG is well-aware of the challenges cannabis businesses face in obtaining reliable financial and banking services. We’re proud to have helped many businesses in the industry over the past decade. Our tailored services are designed to move your dispensary away from a cash-only operation, enhancing the security and efficiency of your business as a whole.

Marijuana dispensary owners in Colorado in search of a reliable merchant account services provider can contact TTG at 888-383-8056. Our team is dedicated to helping you streamline your financial processes and support your business’s growth and operational success. We are committed to making your transaction processes as smooth and hassle-free as possible.

Contact Us

Need immediate assistance? Complete this form or call us today at 888-383-8056.

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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.

Let’s Work Together.

At The Transaction Group, customer satisfaction is our priority. Allow us to show you what we can do for you.

Let’s Work Together.

At The Transaction Group, customer satisfaction is our priority. Allow us to show you what we can do for you.

2024-06-04T14:34:12+00:00
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