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Michigan Marijuana Dispensary Merchant Account Services

Are you running a cash-only marijuana dispensary in Michigan without a merchant account solution allowing you to take debit and credit card payments from customers? It’s time to upgrade from an outdated cash-only system. The Transaction Group (TTG) provides the best credit card processing solution specifically designed for the cannabis industry. Whether you’re launching a new dispensary in Grand Rapids or already managing multiple dispensaries throughout the state, TTG is here to meet your needs.

TTG is well-versed in the banking challenges faced by cannabis industry businesses over the years. Since introducing our program in 2011, we have successfully helped medical and recreational retail stores nationwide in implementing dependable payment processing systems. Over the past decade, we’ve worked with many cannabis businesses across the United States, including cannabis dispensaries in Detroit.

Our revolutionary merchant account alternative enables Michigan marijuana dispensaries to accept debit and credit card payments, along with digital wallets like Apple Pay and Google Pay. This value-added service makes the checkout experience smooth and efficient, similar to the transactions we encounter daily.

Historically, transaction processing fees for these high-risk industry businesses were around 5-6%. Without these fees, dispensaries see substantial monthly fee savings. Our solution removes these fees. Due to significant savings in fees,  Dispensary owners that have switched to our solution report a preference over traditional merchant services

Customers are often willing to pay a small fee for the convenience of using their cards at checkout. Today’s consumers prefer the ease and security of credit and debit card payments. At checkout, the customer’s card is inserted or tapped on the terminal and the customer agrees to a fee similar to what they would expect at most ATMs. Accepting cards not only attracts a wider customer base but can also boost sales, as customers tend to spend more when using their preferred payment methods.

Our streamlined application process requires minimal documentation, allowing for quick and easy approvals. As soon as a business is approved, the pre-programmed equipment is shipped via express mail. To begin accepting debit and credit cards, staff at the location simply need to plug in the terminal and connect it to a network. Most Michigan marijuana dispensaries can have a merchant account solution up and running within seven business days of applying.

Key features of our solution include:

  • Acceptance of all major credit & debit cards & digital wallets
  • Zero processing fees for the merchant
  • Comprehensive online reporting
  • No holdbacks or reserves

Operating a cash-only business presents several challenges and risks, especially regarding the safety of both customers and the business. Having excess cash on hand by a customer visiting a location or for the business itself, is a dangerous practice. By adopting our credit card processing solution, you not only mitigate these risks but also offer a valuable service to your customers.

Reach out to us today at 888-383-8056, and let us assist you in bringing your business to the next level. We’ll show you how easy it is to implement our merchant account alternative for your Michigan marijuana dispensary. We look forward to helping your business thrive.

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.

2024-06-17T19:16:50+00:00
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