Yeah, he's right. Lots of dispensaries take credit cards. Most do by flying under the radar or just lying on their application. Some merchant services providers are willing to work knowingly with marijuana businesses, but they are taking a risk doing it.
Getting a card-not-present account (which is what you would want) is even harder. As far as I know nobody has done it in a legit way.
Background: I'm the co-founder of Marvina (https://marvina.com) and I've been trying to figure out payments for almost a year. There's reason to be optimistic, but so far nothing big has broken.
Getting a card-not-present account (which is what you would want) is even harder. As far as I know nobody has done it in a legit way.
Background: I'm the co-founder of Marvina (https://marvina.com) and I've been trying to figure out payments for almost a year. There's reason to be optimistic, but so far nothing big has broken.
This is the kind of stuff we deal with every day: http://mmjbusinessdaily.com/breaking-mbank-to-close-all-cann...