Click here to watch the video What is the application process for a cannabis dispensary to get set up with a PIN debit merchant account? Cannabis dispensaries cannot do credit cards. They’re not federally legal, but they can get a PIN debit merchant account. The process is a little bit more lengthy than for regular non-dispensary merchants who open a credit card processing merchant account,
Click here to watch the video How do you close a merchant account? Maybe you’re closing your shop. Or maybe you’re just switching credit card processors. But closing a merchant account is very similar to closing a bank account. I’m Gingergaye with Electronic Money Company. You can’t just call up the processor and say, “Hey, I’m closing my account”. They want to see the signature
Click here to watch the video Gingergaye here with Electronic Money Company. Let’s talk today about what’s the process is to get an application for credit card processing. First of all, the application has to be signed by the owner or an officer of the company and if there are multiple owners, anybody owning 25% or more has to sign that application. What kind of
Click here to watch the video Payment processing for dispensaries made easy with True Pin Debit Payment Processing. Learn the advantages over Cashless ATM. Are you a cannabis dispensary, struggling with the cashless ATM terminal? Cashless ATM was a workaround because dispensaries can’t take credit cards. It’s not legal federally. It pretends to be an ATM machine and it rounds up transactions to the next
Click here to watch the video Can a credit card terminal be set up to handle 2 merchant accounts? Yes! If you have different types of businesses operating in the same location, yes, you can take payments for both businesses with one credit card terminal. Both merchant accounts will be downloaded into the terminal and the first question on the terminal during a purchase will
Click here to watch the video These 5 short videos are blended together to offer the best of advice for merchants looking for a new merchant services processor: How To Choose A Credit Card Processor at 00:14 – Full video: https://youtu.be/GwtfgTu3NDU Options for Credit Card Processing – Tip Line at 01:15 – Full video: https://youtu.be/T_nKY9QDSwQ How To Prevent Credit Card Chargebacks at 02:08 – Full
Click here to watch the video Standard Operating Procedures Reconciling Credit Card Transactions Credit Card Terminals print out a receipt for the customer and a merchant copy with a signature line for the customer to sign. The merchant is encouraged to save every signed receipt. Most merchants put them in the cash drawer until the end of the shift or day. At the end of
Click here to watch the video Today I want to talk to you about the requirements needed in order to open up a merchant account for true PIN debit payment processing. True PIN debit is fully legal and compliant. Just like cash, the debit card cannot be charged back. The requirements to open a merchant account are very similar to the requirements for opening a
Click here to watch the video I want to talk to you about the three main benefits of true PIN debit payment processing for dispensaries. Listen to all three, because the third one saves you a ton of money. The first benefit is that PIN debit is fully legal and compliant. The cashless ATM was fraudulent. It was posing as an ATM machine, but really
Click here to watch the video Restaurants and even retail businesses can add a tip line to a credit card receipt. The general option is to have a line where the customer can handwrite in a tip. Then the merchant needs to adjust the transaction with the tip before batching the terminal at the end of the day or shift. Batching sends the money to
Only pay fees on debit card processing.
$0.00 transaction fee on credit card processing
