Are you the owner of a new or established marijuana dispensary in the Worcester, Massachusetts area that is still operating as a ‘cash-only’ business? If so, you’re probably not the only one. However, if you want to stay ahead of your competition, having a credit card processing solution in place will help.
This is where The Transaction Group (TTG) comes in. TTG is a US-based merchant account solutions provider that has been assisting businesses around the world with their payment processing needs since 2004. We work with a wide range of industries but one of our specialties is the cannabis industry.
We know first-hand the challenges all new dispensary owners are likely to face. We know that it isn’t easy working with banks when operating a business related to marijuana. Thankfully, we know credit card processing very well and we know the cannabis industry very well. In 2011 we introduced our solution to medical marijuana dispensaries throughout the US. In the time since, we’ve helped many businesses, including recreational (retail) stores in Worcester, MA.
One of the major benefits of choosing our solution is the extremely low cost to use it. When traditional merchant accounts were available, merchants had to pay rates of five to six percent on each transaction. At these rates, an average dispensary ended up paying thousands of dollars per month in fees.
Our approval and setup is extremely streamlined. After our fast approval process, we deliver the necessary equipment within a few business days. The pre-programmed equipment simply needs to be plugged in and connected to a network to start accepting customer credit and debit card payments.
With TTG’s credit card processing service for your Worcester marijuana dispensary, you’ll get:
- Banking services
- Online reports
- The benefit of having no reserves or holdbacks
- The ability to accept all major credit and debit cards
Many dispensaries report that the average sales transaction is higher with card payments than cash payments. By offering customers the option to pay with credit cards, you may see an increase your monthly sales revenue. And you’ll be offering a value-added convenience that will ultimately make your customers happier.
Whether you’re just opening a dispensary or have an established location but have been operating as ‘cash-only,’ now is the time to get an alternative payment solution. Or if you know a dispensary that could use our services, we’d love to hear from you.
To learn more about how TTG can help any Worcester, MA marijuana dispensary with a credit card processing solution, please call us today at 888-383-8056.
