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NetworkNewsAudio Releases Exclusive Audio Interview with Medical Cannabis Payment Solutions (REFG)
NetworkNewsAudio Releases Exclusive Audio Interview with Medical Cannabis Payment Solutions (REFG).
About this update from Medical Cannabis Payment Solutions
[{"type":"text","content":"\n\n NEW YORK, Dec. 27, 2017 (GLOBE NEWSWIRE) -- via NetworkNewsWire -- NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company that delivers a new generation of social communication solutions for business, today announces the online availability of its interview with Medical Cannabis Payment Solutions (OTC:REFG), a first-tier merchant processing cannabis industry pioneer bringing to market the first and only comprehensive card processing operation of its kind to serve the state-sanctioned medical marijuana industry.\n The interview can be heard at https://www.networknewswire.com/networknewsaudio/medical-cannabis-payment-solutions-refg-interview/ In a far-reaching discussion, NNW’s Kraig Rasmussen speaks with Jeremy Roberts, CEO of Medical Cannabis Payment Solutions, about the strides his company is making in solving one of the cannabis industry’s most vexing problems – how to eliminate cash-only options and bring secure electronic payment processing to dispensaries and their customers. “Our background is traditional merchant processing. The problem is that we can’t do that with any state-sponsored cannabis system, and nobody else can either,” Roberts says. “Right now, if you’re a dispensary, you’re pretty much beholden to any small bank that will be willing to bank the cash for you, and you’re pretty much faced with the inevitable task of having to deal with large quantities of cash.” Medical Cannabis Payment Solutions has created a payment processing solution called StateSourced that gives the most security possible to a state sanctioned dispensary and its customers, virtually eliminating the headache of dealing with a cash-only transaction, Roberts says. “We’re a level one payment processor. Our system’s been certified by Visa, Mastercard and Europay. We have a ton of security on this and that’s really important because we know some of the seed-to-sell systems have been hacked,” Roberts says, adding StateSourced has all the functionality of a traditional, high security merchant account. “With our rollout that we’re doing right now, patients are going to have a headache go away, dispensaries are going to have a headache go away, but also on top of that, so will government regulators. Tha...