Is Your business In The Cannabis Industry?
If so, you absolutely need this financial solution to a common problem:
Merchant Club of America is proud to announce a unique PIN debit card solutions to an industry-wide regulatory limitation on accepting credit cards.
It's not only approved by banks, but it has also been tested nationwide and is ready to be implemented and rolled-out for your business. This solution has the blessing of the strictest industry regulators. This is a bank sponsored pin debit only solution for the Cannabis Industry.
As an additional benefit, we offer unique MID for each one of your locations, which allow for a more specific and accurate accounting. In addition, this helps keep you compliant with network rules and regulations. Other companies may have one MID for multiple locations causing confusion with the reporting and reconciliation. Unlike traditional credit transactions, our debit solution is considered one of the safest transaction types. This can help decrease fraud and chargebacks.
In addition, Merchant Club helps you save the money by running on the least expensive routing solution as a swiped transaction vs. keyed transactions which result in increased processing fees.
Merchant Club runs all Pin-Based Processing transactions through the debit card processing networks and NOT the ATM debit networks, therefore the consumer will not see any additional fees from their bank.
If you would like to have more information about our Pin-Based Processing options please fill out the form below:
Blog managed and created by DS&P
