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://nnw.fm/wF4e4). 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 NetworkNewsWire

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW 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. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.networknewswire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Archives

Select A Month

NetworkNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 212.418.1217