Medical Cannabis Payment Solutions (REFG) Now Offers Online Bank Accounts, Taking Merchant Enrollments Online

  • Online bank accounts offered for state licensed medical marijuana establishments
  • Green offers banking and financial processing system solutions to the cannabis industry
  • The online signup of merchant clients has far exceeded expectations

Medical Cannabis Payment Solutions (OTC: REFG) is set to offer bank accounts for state licensed medical marijuana establishments. By providing online banking, REFG enables cannabis providers to address the problem of limited to no bank support due to federal regulations. “Because of our end-to end payment system, our successful government relations program, our focus on regulatory compliance, we believe we offer the nation’s only truly compliant payment and banking solution for state sanctioned marijuana,” Jeremy Roberts, CEO of REFG, stated in a news release. “We believe we are uniquely positioned to comply with all federal guidance and applicable laws and regulations” (http://cnw.fm/9UeTh). This state-of-the-art financial service is the security and management answer that the previously cash-only cannabis industry has been needing.

REFG has brought to market the Green platform, the first and only comprehensive card processing operation of its kind to serve the state-sanctioned cannabis industry. Green is a top-tier, level-one gateway payment processing system that tracks sales and taxes, eliminates cash-only transactions and empowers businesses with an advanced client management system. Green’s virtual banking system provides premier security and accessibility to funds for the merchant. It is a full banking and financial processing system for an industry that has lacked these much-needed services.

The company’s platform, previously only available to medical cannabis merchants, is now available to the entire cannabis industry. Licensed establishments interested in using the Green platform can now signup online. The enrollment process only takes a few minutes, given a business address and proof of licensure in the client’s respective state. The Green platform allows dispensaries to take electronic payments and deposit cash securely while remaining in complete FinCEN compliance. The response of the cannabis industry to online enrollment has far exceeded expectations. The increased web traffic alone reveals the market demand for this secure and efficient banking solution.

For more information, visit the company’s website at www.Take.green

More from CannabisNewsWire

About CBDWire

CBDWire (CBDW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CBDNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CBDW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CBDW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CBDW brings its clients unparalleled visibility, recognition and brand awareness. CBDW is where news, content and information converge.

For more information please visit https://www.cbdwire.com

Please see full terms of use and disclaimers on the CBDWire website applicable to all content provided by CBDW, wherever published or re-published: https://CBDWire.com/Disclaimer

CBDWire (CBDW)
Denver, Colorado
cbdwire.com
303.498.7722 Office
Editor@CBDWire.com

Archives

Select A Month

CBDWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 303.498.7722