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Compliant and Transparent Merchant Processing
Cannabis payment processing has taken a big step forward with the announcement of PPSGCANN'S fully transparent and compliant merchant processing program. With compliant merchant processing through PPSGcann, you will appreciate 100% transparency with full bank and processor disclosure.
What is the PPSGcann's merchant processing program?
PPSGcann's merchant process program is a first-of-its-kind solution for plant-touching THC licensees like dispensaries, cultivators, and delivery services. Our program allows these merchants to accept debit cards in a compliant, transparent, and straightforward manner.
Our truly transparent merchant processing program is the first traditional, compliant, and legitimate card payment solution. No workarounds, no smoke and mirrors – just simple, frictionless, and secure payments to promote the sustainability of the industry. Transactions are for exact dollar amounts (as opposed to cashless ATM workarounds), which means no cash handling and costly mistakes, no customer confusion at checkout, and no need for drivers to carry any money.
Now you can accept payments like the rest of the world so you can focus on what you do best: growing your business.
Program highlights include:
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Fully endorsed and approved by the major debit networks
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Costs less than cash handling and transportation fees
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Full bank and processor disclosure
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No miscoding: actual DBA and business address are on the descriptor
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No “Out of Network” fees
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No early termination fees
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No annual fees
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No application fee
PPSGcann's Merchant Processing with Cashless ATMs
Merchant processing with cashless ATM, which many dispensaries have utilized. Unlike a typical card-based transaction, cashless ATMs appear to the bank as an ATM transaction, but in reality, the dispensary treats the transaction as a regular debit card swipe. Customers “withdraw” cash at the counter to cover their purchase (minus the ATM fee), and the cashier gives them the leftover cash as change if needed.
PPSGCANN’s fully compliant and transparent merchant processing system makes cashless ATMs the best solution for cannabis dispensaries.
PPSGcann merchant processing Cashless ATM
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Sales must be rounded up to the nearest $5, $10 or $20
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Customer pays convenience fee just like an ATM
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Dispensary associate can provide change if needed
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Sales, on average, increase 18% versus cash
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Requires new merchant account for credit cards when federal change allows
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3 to 5 year contracts (Negotiable)
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Proper Coding at the beginning of setup
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Proper Descriptor
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Better Terminal Encryption
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10 Plus banks added to each terminal for better handling and compliance
PPSGcann merchant processing program pricing
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The fees for a standard PPSGcann merchant processing program are as follows:
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Convenience fee $3.99 and $0.00/transaction
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$30/month – includes account statement, full bank compliance and online reporting
