Do you own or manage a medical or recreational marijuana dispensary in Colorado and looking for merchant account services to take debit and credit card payments? The Transaction Group (TTG) has been working with the cannabis industry since 2011.
TTG has been assisting the cannabis industry with financial services and payment solutions since 2011. Together with our banking partners, we offer a solution that allows marijuana dispensaries to accept debit and credit cards from customers.
Our marijuana dispensary merchant account solution is a favorite of both customers and dispensaries in Colorado. It’s truly as win-win for both customers and business owners.
With our solution, customers are not inconvenienced with having to carry large amounts of cash or visit an ATM in order to have the funds to purchase their products. And, given the option to pay with a debit or credit card, customers tend to spend more per sale.
Having a merchant account solution in place in a Colorado marijuana dispensary ultimately increases revenue for the business, while also helping to alleviate the headache of having excess cash on hand for the business.
Using our encrypted, standard credit card processing equipment, processing debit and credit cards from customers is easy. Cards are swiped through the terminal much like any standard debit or credit card transaction. After the quick checkout process, the sale is complete and the customer leaves happy.
The approval and set up process is just as easy. In addition to the application, we require very few support documents for approval. In most cases, dispensaries can be approved and set up with our credit card processing solution in under 7 business days.
- No holdbacks or reserves
- Online reporting
- Accept major credit & debit cards
- Merchant pays no processing fees
- Settlement in 3-5 days
- Banking services
We understand the challenges businesses like yours have faced with banking and financial services over the past several years. But, operating your cannabis dispensary as cash-only is a thing of the past.
If you operate a medical or recreational marijuana dispensary in Colorado and need a reliable merchant account solution or banking services, give TTG a call today at 888-383-8056. We look forward to serving you!