Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced plans to begin processing payments in bitcoin. Per the update, this development goes beyond the current version of the company’s merchant app, which is available to state-licensed marijuana establishments. “The payment system will offer a unique Bitcoin payment option enabling consumers to easily use the digital currency to make purchases,” Sean Hullinger, chief legal officer of Medical Cannabis Payment Solutions, stated in the news release. “This process allows stores to accept not only electronic payments in US dollars, but also digital currency (instead of cash only). We are working hard and intend to rapidly become Bitcoin-acceptable in transactions.”
To view the full press release, visit http://cnw.fm/4OUiT
About Medical Cannabis Payment Solutions
Our mission is to provide end-to-end management, across multiple management systems, for medicinal marijuana operations. Many medicinal marijuana companies have experienced such rapid growth that they are finding it difficult to manage all aspects of their operation. In order to become a successful and compliant medicinal marijuana operation, effective management must depend on many different systems. REFG solves the fragmentation problem by identifying tools that are important to dispensaries, and customizing those tools specifically catered to the industry. We strive to create awareness within the medicinal marijuana industry and to develop an environmentally friendly, economically sustainable business while increasing shareholder value. For more information, please visit the company’s website at www.REFG.co
More from CannabisNewsBreaks
CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW 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. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
For more information please visit https://www.CannabisNewsWire.com