Medical Cannabis Payment Solutions’ (REFG) Proprietary Platform Helps Expand Cannabis Industry’s Banking Options

  • The company’s platform offers full merchant account functionality and fully secure payment processing options
  • Medical Cannabis Payment Solutions’ technology is used by medical marijuana vendors
  • Bitcoin payments will soon be integrated into the platform

Although marijuana was one of the fastest-growing industries over the last couple of years and is expected to continue at the same pace throughout 2018 and beyond, authorized businesses and vendors still have a hard time managing their finances and customers in the absence of banking services. With most banking institutions unable to open their doors to legal marijuana businesses because the substance is still classified as an illegal drug by the federal government, it is up to companies such as Medical Cannabis Payment Solutions (OTC: REFG) to provide the industry with fully secure, state-of-the-art financial services.

Based in Nevada, the corporation serves the medical marijuana sector. As a merchant processing pioneer of the marijuana industry, Medical Cannabis Payment Solutions brought to the market the first and only comprehensive card processing service. Via Green, a proprietary payment system that was launched earlier in January 2018, the company aims to offer a “cure for the banking nightmare cannabis establishments face,” according to CEO Jeremy Roberts. The platform has full…

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