- If Visa and MasterCard (or others) choose to participate in the marijuana industry in the future, REFG plans to offer quick, full spectrum payment processing
- REFG’s StateSourced payment gateway is Financial Crimes Enforcement Network (FinCEN) compliant
- Medical marijuana sales will grow to $13.3 billion by 2020, and adult recreational marijuana sales are expected to reach $11.2 billion by 2020, according to Forbes
Medical Cannabis Payment Solutions (OTC: REFG) is ready for the future with a seamless transition in the event that Visa or MasterCard (or others) choose to participate in the marijuana industry. In the event of a transition, full spectrum payment processing would be readily available.
REFG provides dispensaries and related businesses with a proprietary merchant processing system designed to serve the needs of state-legalized cannabis markets. The company offers exclusive and proprietary card processing services not otherwise available through most financial institutions. The goal is to offer simple, compliant and secure payment solutions. These solutions apply to the entire cannabis industry — not just medical marijuana retailers. A growing number of…
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