Accepting Credit Cards for Marijuana Sales
Any legitimate business these days wants to be able to accept credit and debit cards for sales. The “why” is obvious: a lot of your customers don’t have cash. So, if you’re starting a medical marijuana business or have an existing cannabis business, you’ll want to obtain a merchant account in order to begin accepting credit and debit cards.
The problem, though, is that most merchant account services won’t work with marijuana-based operations. In fact, there are very few that do and the ones that do tend to charge processing fees that are extremely high.
Use this form to Apply For Cannabis Merchant Services online
If you are in need of merchant account services for your medical marijuana business, we can help. We work specifically with businesses in the marijuana industry and cater to your specific needs. We’ve negotiated the best rates and terms with HSBC bank so you can start accepting Visa and MasterCard payments without losing a significant profit from processing fees.
Merchant Account Features & Requirements
As a leader in the industry, we have some of the best features available for merchant accounts in the medical marijuana industry, including the following:
- • Cards accepted: Visa, Mastercard
- • HSBC Bank
- • Funds are deposited within 72 hrs
- • 1st Deposit is in 7 days
- • No application fee, no start up costs
- • Machine delivered within 7 days
To qualify for a medical marijuana merchant account you must meet the following requirements:
- 550 credit score
- $10,000 in the bank
- Cash ATM Option
With the break-neck speed in which the marijuana business is growing, the market is also quickly becoming very saturated. This means that competition is also growing a steady rate and could hinder your business growth. To stay competitive you need to be able to accept debit and credit cards or your customer will start going elsewhere.
Make sure you stay ahead of the game by applying for a merchant account today!