Get the Best Credit Card Processing Solution for your Las Vegas Dispensary
If you don’t have the best credit card processing program for your Las Vegas, NV marijuana dispensary, you’re doing yourself a disservice! The Transaction Group (TTG) is the number one choice for alternatives to traditional merchant account services of many cannabis dispensaries.
Since opening operations in 2004, TTG has set up thousands of businesses worldwide with merchant accounts. We specialize in working with high risk industries and have had our payment processing solution in place for medical and recreational marijuana dispensaries since 2011.
Because we’ve been assisting businesses in this industry for such a long time, we understand the challenges that legally operating businesses in this industry face regarding banking and merchant services. Without these two important pieces, businesses are forced to operate as cash-only, which is incredibly risky from both a safety and bookkeeping perspective.
With TTG’s credit card processing solution in place, marijuana dispensaries in Las Vegas reduce cash on hand while also better managing inventory and revenue. In addition, dispensaries are providing a value-added convenience to customer by allowing them to pay with a debit or credit card. When given the choice, we’ve heard customers love the option to pay for cannabis with credit cards. It saves the hassle of having to carry a large amount of cash or make a stop at an ATM prior to visiting the dispensary.
Traditional merchant accounts had rates of 5-6%, which required the average dispensary to pay $6000 per month in fees! Cannabis dispensary owners in Nevada love our solution because it has no processing fees and costs so little each month to have in place. Another plus is that sales revenue for card transactions is generally 15-20% higher, as customers tend to spend more when paying with plastic.
Businesses that use TTG’s service will 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
Getting set up with a non-cash payment solution is easy! TTG’s fast approval process will have you ready to start accepting debit and credit card payments from your customers as soon as one week to ten days from submitting your application. We ship pre-programmed equipment express mail. Once received, all that is required to start processing customer credit card payments is to plug in the terminal and connect it to a network.
Whether you’re opening a new store in Las Vegas or have several existing marijuana dispensary locations in Nevada and need the best credit card processing solution, TTG has got you covered. And if you’re an independent sales agent interested in referring cannabis dispensaries to TTG, we’d love to hear from you too. Call TTG today at 888-383-8056.