Why Is It So Hard To Find Payment Processing for Cannabis Companies?

If you’re starting up in the emerging cannabis industry, you might have noticed that your banking options are limited. While there are places where it is easier to find a cannabis merchant account for credit card processing and other electronic payment types in Canada and a few other select countries with a legalized trade, legal…

There’s Been a Shift: Domestic Merchant Accounts for High Risk Industries

There’s Been a Shift: Domestic Merchant Accounts for High Risk Industries

We’ve seen a major change in the merchant services industry over the last year: We’re getting domestic merchant accounts for high risk industries far more often than we used to. There was a period when high risk merchants would contact us, we would set them up with an offshore acquiring banking partner 80-85 percent of…

Domestic High Risk Merchant Services for Your Niche Industry? We Will Listen

Domestic High Risk Merchant Services for Your Niche Industry? We Will Listen

It is not overtly evident, but the impact that the Super Bowl has on domestic high risk merchant services is significant. With our hub in Portsmouth, N.H., about 50 miles north of Boston, folks can imagine how thrilled we are of the outcome of Sunday night’s result, especially since, only a few weeks ago, American…

Why dispensary merchant accounts are a matter of ‘when,’ not ‘if’

Why dispensary merchant accounts are a matter of ‘when,’ not ‘if’

It was difficult not to be optimistic about the possibilities for cannabis payments at MJBizCon 2018 in Las Vegas two weeks ago, particularly for merchant services providers anxious for the opportunity to offer dispensary merchant accounts. Recent events indicate the U.S. is moving (albeit slowly) in the same direction as Canada as far as legalization…