diepensaries not taking credit/debit cards and checks

[MichaelRupkalvi]

Herbal Supplements >>> Sounds shady. What do you categorize the type of business on the application as? To all MMC's trying to get a bank or CC processing through the backdoor or deceptively will only hurt you and our industry in the long run. Anytime you apply for these services make sure you apply as a MMC not pharmacy, floral shop, supplement shp, etc...
L

The accounts are written up as medical marijuana dispensaries on the merchant application so there is nothing shady about it.

To that point don't ever sign a merchant application if the type of business listed on it is not exactly what you do.

We've set up a lot of dispensaries that were shut down for that exact reason. The account was set up fraudulently, once the bank found out exactly what was being sold that shut the account down.

Our processor is one of the few ones out there that handle underwriting & risk management under one roof, This means we don't have to worry about a banks board of directors changing their mind on mm processing.

for more info:
Medical Marijuana Merchant Accounts | Cannabis Credit Card Processing
Medical Marijuana Merchant Accounts for Dispensaries

MichaelRupkalvi Reviewed by MichaelRupkalvi on 02-17-2011. diepensaries not taking credit/debit cards and checks did i overhear this correctly? banks will not allow dispensaries to collect payments in form of debit/credit or checks because the federal government threatened to take away the banks federal insurance if they do so?! that's fucked up, man..... Rating: 5