Category: Cannabis

27
Jun

Cannabis Banking, Debit & Credit Card Processing Solutions Available Today

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What’s Important When You’re Looking At The Top Cannabis High Risk Merchant Accounts?

Cannabis Business owners that are labeled high risk sometimes think they have to settle for less. Don’t fall into that line of thinking. You need a Cannabis merchant account to do business, and you don’t want to enter into a contract that doesn’t treat you right. There are plenty of companies that offer high risk merchant accounts that feature worthwhile contracts that can even be renegotiated after a time.

For sure, you want to pay close attention to all fees charged. Are you familiar with the fees? There are the per transaction fees, but there can also be fixed or flat fees. Then there are variable fees, like the chargebacks and also hidden fees. You certainly don’t want to be blindsided by hidden fees. It pays to know what’s in a contract.

It pays to know a company’s customer service department, too. You can be happy with the fees, but you need a Cannabis company that takes care of its clients. There will be situations that arise from time to time, and you will have questions. When you need to reach out to your Cannabis payment provider concerning your merchant account, you need a company that is accessible.

Merchant Services for Tribes and Payday Loan Lenders

Merchant Services for Tribes and Payday Loan Lenders

The different types of fees were touched on earlier, but there are also different types of pricing models for Cannabis merchant accounts. Are you familiar with what they are? You will want to know about the pricing models as you select the best Cannabis merchant account provider. Tiered, blended, interchange plus and membership are the four types of pricing models. You can look into them further as you discover which Cannabis credit card processing companies are the best for high risk merchants.

You aren’t going to want to choose a Cannabis merchant account provider based on any one metric. You’re going to want to look at all sides, each aspect of a contract that is offered. What about early termination? That can be one of those hidden fees that you would want to know about. What about contract length? You certainly want to know how long you have to be in a contract with a payment processing company.

Find out as well why you’re labeled as a high risk merchant. Some reasons can’t be helped based on your Cannabis business in general, but other reasons can be worked out over time. In other words, after identifying the cause for your business being labeled as high risk, you might be able to work on removing that label over time. For example, if it were in relation to your credit history, improving your credit could change the game in time.

Search high risk Cannabis merchant accounts, and see which ones other business owners are using most often. Do business with a company that isn’t going to give you the runaround. You want to be sure that you are presenting payment options that your customers can trust and that they find to be convenient. Convenience as well as safety and security are important for sure. Keep all of that in mind as you search out the best high risk merchant account.
Need help? Email Jer@eCheckSystem.com for Cannabis banking, credit card & debit card Cannabis processing.

09
Feb

Cannabis Banking, Credit Cards & Merchant Accounts

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Hello Cannabis Merchant!

We’re certain that you have received many offers for banking and credit card processing and you are either dissatisfied or your contact was unsuccessful at getting you approved and running.

We have helped many merchants in the Cannabis, Hemp and CBD industry, with end-to-end solutions to help drive business.

We understand the unique challenges that your business encounters and we customize our solutions to meet your needs. All our services are provided separately, or you can combine them to create the perfect environment.

We offer the following financial solutions:

Domestic Bank Accounts

We can provide this banking solution, with all the features you would expect in a traditional bank environment, in every state cannabis is legalized. This solution is a traditional banking product and is perfect for cash deposits, funding your payment processing solutions, online banking and you will receive checks and debit cards with your bank account with all the features you would expect in a traditional bank environment.

PIN Debit Payment Processing and Traditional Credit Card Processing

These products are designed for physical store fronts and mobile delivery.

The PIN Debit Payment Processing competes with Point-of-Banking however it’s much more cost effective for your cannabis Customers because they will not be assessed additional fees from their bank for using this service; as they would with Point-of-banking.

You can charge the processing fee to your Customer in whole or in part.

We can integrate these solutions with your Point of Sale system for Credit Cards and Debit Cards!

We support growers and extraction companies, as well as dispensaries. We also provide payment processing to merchants who support the cannabis industry but may not directly touch cannabis (like suppliers, manufacturers, realty companies, etc.)

Contact us today so we can review which of our products are a match for your company’s needs.

 

Best Regards,

Team@eCheckSystem.com

Direct: 1-702-208-6736

http://www.eCheckSystem.com

25
Sep

Cannabis Bank Solution

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CANNABIS BANK SOLUTION.

Banking for cannabis businesses is available today!

We offer bank solutions for cannabis businesses.

Yes, banking and the use of debit cards for cannabis merchants is here today. You can significantly reduce the cash in your stores and provide a convenient purchasing option for your cannabis patients.

Our PC / Terminal Pin based solution enables our cannabis B2B and B2C  clients to enable dispensary customers, ancillary customers, cannabis equipment buyers and sellers… to “pull” money from government issued debit cards, social security cards, H & R Block and other similar tax refund company’s cards, and any prepaid card while charging the cardholder a small transaction fee.

If your customer’s existing card does not allow them access to ATM’s, our product enables you to have the ability to “pull” any amount of the funds available on their card that they may want.

Our system is a Pin-based system that looks and feels like a Point of Sale (POS) terminal but gives customers access to their bank accounts, as opposed to just making purchases via POS.

Traditional PIN based debit transactions result in retailers paying card issuers processing fees for the convenience… Read More

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