- Green offers online signup for licensed dispensaries/merchants and patients/customers; it is a digital processing system that creates a cashless environment for cannabis transactions
- Green processing is an important feature for cannabis industry, as there is limited or no traditional banking support in the state-sanctioned medical marijuana market
- REFG offers first-tier processing and a gateway to comprehensive, virtual banking for buyer and seller
Medical Cannabis Payment Solutions (OTC: REFG) offers the online advantage of its proprietary Green processing system for both merchant signup and patient/customer transactions. The result is a virtual banking system, establishing a cash-free environment in state-legalized cannabis markets.
Dispensaries and retail merchants can sign up online for the Green program, which delivers a comprehensive end-to-end system for management of small businesses. Patients/customers can also sign up online to begin Green’s digital banking for direct access to their accounts without using cash. The advantage of Green in the cannabis market is the ease of sign up, simple use and safety of cashless buying and selling of medical marijuana (http://nnw.fm/yQg7k).
For licensed dispensaries and retail merchants, it includes a suite of services that might be expected from a first tier payment processor. Green can process payments in cryptocurrencies and offers digital processing of any payments from patients/customers. Green’s comprehensive system can handle all payments generated by small businesses, such as payroll and accounts payable. Green is a system that is compliant with the Federal Crimes Enforcement Network (FinCEN).
Green’s solutions are industry appealing. Tracking of all sales and tax collection for merchants and use of the system with existing point-of-sale systems are important advantages. To a larger business, REFG even offers secured armored cash pickups.
To both the dispensaries/merchants and patients/customers, Green solves the issues of cannabis transactions presented by a lack of traditional banking and the presence of federal regulations. Green can also issue a physical card to the client branded with the merchant’s name and logo to build loyalty and future purchases.
For more information, visit the company’s website at www.Take.green
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