Marijuana Dispensary Bank Services – Cash Management & Checking Account
If you own or manage a legal recreational or medical marijuana dispensary and are looking for the best bank services solution, you’ve come to the right place! The Transaction Group (TTG) offers complete cash management solutions that include armored car cash pick up and deposit into and a business bank account.
For the past several years, dispensaries and stores selling adult or recreational marijuana have faced much difficulty with cash management. Many banks throughout the U.S. have refused to approve even a basic checking account for businesses in the cannabis industry.
This refusal of bank services for these legally operating businesses has forced these businesses to function as ‘cash-only’ entities. A practice that results in excess cash on hand that exponentially increases risk, as they are prime targets for robbery.
Through one of our major banking partners in the U.S., TTG is able to provide this new cash management solution to all legal marijuana industry businesses. Our solution offers the convenience and security of armored car cash pick up and deposit.
This account is just like a traditional bank account, where users have the ability to withdrawal cash using an ATM or debit card, write checks and wire or ACH funds to other accounts. And, users can keep track of deposits and transactions by the accessing account online.
No longer do marijuana dispensary owners have to risk stashing cash in store or home safes or choose a questionable offshore banking solution. Our bank is a top-tier U.S. bank and accounts are insured up to $250,000 by the FDIC.
At TTG, we’ve been assisting the cannabis industry with business solutions since 2010. We also provide accounts to other industry related businesses such as seed sellers, vaporizer retailers and CBD (cannabidiol) oil merchants.
In addition to our mmj cash management solutions, we also provide credit card processing services and even cash advance loans.
Our unique merchant account services allow dispensaries to process all major credit cards for cannabis sales at extremely low rates. There is no expensive equipment to purchase and no cost for customers. And in most cases, approvals are instant.
Call us today at 888-383-8056 to learn more or to get started with a credit card processing solution and/or business checking account for your marijuana dispensary. We’ll work diligently to have you quickly approved for a bank services account.
Need immediate assistance? Complete this form or call us today at 888-383-8056.
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.