Category Archives: Check Processing

The Benefits of Check Processing for MMJ Delivery Service Companies

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With the growing acceptance and popularity of medical marijuana, there is a legitimate need for merchant account services and credit card processing. This need is even greater for marijuana delivery startups. The manner in which this type of business operates calls for a form of safe payment processing.

Medical marijuana dispensaries are often placed in the following situation. They dispense their marijuana or cannabis legally prescribed by a certified doctor to patients. The majority of these patients want to pay via debit or credit card, but the company is only able to accept cash. The company has run into the problem of being able to have more payment processing options.

Banks are unwilling to offer their services to medical marijuana companies because marijuana is still listed as a Schedule I substance and is therefore illegal on the federal level. With the medical marijuana industry on the rise, dispensary owners are still in need of a large-scale option to satisfy their processing needs. This is especially true for businesses in the medical marijuana delivery service.

Eaze, for example, is a new medical marijuana delivery service app. Once a user has proven that they have a medical marijuana recommendation, the user can have his or her medical marijuana card approved and place an order. Eaze then contacts a dispensary and an independent driver is dispatched to deliver the marijuana. The deliver is made within 15 minutes or less. Since the transaction is taking place via an app, the ability to process different payment types is crucial to the success of this delivery service.

Medical marijuana businesses are increasingly looking to high risk merchant account providers for their processing needs. Through a high risk provider, it is possible to secure services like ACH check processing. iCheck, for example, is ideal for many sales environments. All check types can be accepted at the Point of Sale or when the consumer is not physically present.

Some of iCheck features include an iPhone app which allows the user to take a photo of a check from any location from an iPhone or iPad. In addition, the creation of “Pay Now” buttons is made quick and easy. These buttons can be added to any spot on a business’ website. iCheck also allows for email invoicing and billpay. Invoices can be paid by email and digitally signed, and funds can be sent directly from your bank account to any recipient in the U.S.

Even with regulation issues, the medical marijuana industry continues to grow. Check processing solutions is just one of the ways payment processing is evolving with the industry. The best solution so far for medical marijuana businesses is to work with a high-risk merchant processor like MMA. A much better option, especially for businesses that offer delivery services where cash is not always an option.

For check processing solutions contact us today!

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ACH Check Processing Solution for MMJ Delivery Merchants

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ACH Marijuana Check ProcessingIf you are a new marijuana business, it is extremely important that you have a proficient and flexible payment processing system. There are a variety of payment options available for merchants to utilize.  MMA provides payment processing solutions like ACH (the Automated Clearinghouse) and iCheck to make payment easier for your customers and increase your profits.

MMA is the number one choice for merchants who want to expand their business and their profits by providing multiple payment methods. ACH is one of the most essential forms of payment processing for merchants. With their standard ACH check processing solution, merchants can utilize the phone/Internet. There are a variety of options offered:

  • Checks-by-Phone. Merchants can pay $25 per month to use your recording service to get a voice authorization from clients. There are no signatures required for this option.
  • iCheck. Facilitates faster funding. See funds from check sales immediately.
  • E-Signed PDF. Merchants can utilize services like Docusign or Echo Sign to collect signatures for the pdf electronically.
  • With signed PDFs, merchants send their customers a word doc or pdf to sign and return via fax or email.
  • Checks-by-Web. Customers can complete their orders using a secure website. Your customer must click to agree to terms and conditions.

iCheck is a type of electronic check processing that makes processing checks faster. It has way less restrictions than ACH. This flexibility makes Remote Deposit Capture (iCheck) ideal for many sales environments. iCheck is extremely flexible, allowing all check types to be accepted at Point of Sale and even when the consumer is not present. This is the future of check processing!

  • Funding is guaranteed.
  • Free online activity monitoring.
  • No consumer notification or receipt is required.
  • No check writer authorization requirement.
  • Fast electronic deposit of funds, in as little as 24 hour

Marijuana Merchant Account, is the online lender that gives marijuana merchants a variety of payment options like ACH marijuana check processing. Don’t miss out on this profitable payment processing method.

Contact us to learn more about fast, low hassle ACH processing today. 

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