With recreational marijuana now legal in Colorado and Washington, and medical marijuana legal in 20 states and the District of Columbia, pot is now a legitimate billion dollar business in America. But according to federal law, purchasing pot is illegal. So practically speaking, actually buying and selling marijuana is still a sticky situation.
Because of the nature of their product, many dispensaries operate an all-cash business, having been excluded from using the traditional banking and credit card services that are the norm for other retailers. Is there really no other option? Yes there is a perfect processing solution available for all Marijuana merchants – it’s called a pin debit transaction. Over 92% of all transactions processed are actually debit cards. Marijuana Credit Card Processor is offering this real processing solution for medical marijuana businesses that does not discriminate against the industry.