- REFG’s ‘Green’ payment system creates a comprehensive, safe and cashless environment for marijuana transactions in the legalized cannabis industry
- Green is being offered not only to medical marijuana retailers, but to the entire cannabis industry, as a digital and secure system that benefits both clients and patients
- Patients and customers can sign up for Green online, allowing cards to be branded to the vendor, encouraging client loyalty and enabling dispensaries and retailers to accept cryptocurrency payments
Medical Cannabis Payment Solutions’ (OTC: REFG) ‘Green’ is a first tier digital payment system that creates a safe and non-cash environment for cannabis dispensaries and retailers, solving the key issues that have been addressed at industry conferences – security and fraud prevention (http://ibn.fm/FE6mm).
Seminars and conference topics include accuracy and safety of transactions in a cannabis industry that’s underserved by traditional banking. REFG offers an important solution in Green. It is a tier one payment processing program that is Financial Crimes Enforcement Network (FinCEN) complaint. It not only creates a safe and secure environment; it is now offered to the entire cannabis market.
Green is also available for licensed merchants and marijuana dispensaries to sign up online. The customer or patient can then pay directly from a bank account without requiring cash. The consumer can also sign up for Green at the point-of-sale. Green also processes cryptocurrency payments.
REFG, a Nevada-based firm, has a diverse commitment to the cannabis industry. It recently acquired SpeedyGrow, a Wyoming-based firm licensed to grow and process hemp in Colorado (http://ibn.fm/YPRcS). The company says it will also apply for state licenses to grow industrial hemp in Utah (http://ibn.fm/MtkkT), as well as Vermont (http://ibn.fm/zp1pm).
Green enables dispensaries and other merchants to do business in a digital environment. In addition to processing transactions with customers, Green permits merchants to maintain their own operations more seamlessly by handling internal payments such as accounts payable, vendor payments and any other invoices incurred by small businesses.
For more information, visit the company’s website at www.Take.Green
