High-risk industries such as the cannabis and CBD industry are making the shift to cashless payments. MTrac offers the latest, best solution for compliant, secure cashless payment processing.
If you’re in the cannabis business or any other high-risk industry involving high-volume cash transactions, keep reading. MTrac has launched what’s now the leading in Tech payment processing platform for the CBD and cannabis industry.
Especially considering the sale of cannabis is still illegal on a federal level, state-level retailers need to take all precautions necessary to ensure they are complying with every and all rule and regulation that applies to them at a state level.
More and more companies are choosing to go cashless, and you should too. Eliminating the need for cash is especially crucial for those in the cannabis industry who are already bogged down with rules and regulations. MTrac’s latest payment solution can ease some of the pain regarding compliance and reporting to banks, the IRS, and regulating bodies.
The platform is the leading payment processing solution for high-risk industries. It uses blockchain technology to provide the best possible record keeping capabilities and the highest levels of security and compliance possible.
The team at MTrac is dedicated to helping you process payments easily while offering you complete peace of mind when it comes to security and compliance. You don’t want to be sitting in front of your till every night going over every single cash payment trying to make it all add up. Cashless systems make balancing the books easy and pain-free.
Touted by the industry as a “friend of regulation and compliment to banking”, the MTrac payment solution is one of the best companions you can have to help you run a smooth cannabis operation.
In the world of digital commerce, cash is quickly becoming obsolete. The digital world requires digital payments and digital reporting. However, we must be clear: this doesn’t mean using cryptocurrency.
Blockchain technology is applied to the product in terms of record keeping only. Users are not required to use Bitcoin or any other type of cryptocurrency for payments, or gift cards. Blockchain technology is simply on the cutting-edge of record keeping and data analytics.
While MTrac is certainly innovating the way we process payments, they aren’t trying to re-invent the wheel. The platform offers traditional payment processing of all major credit and debit cards for all B2C transactions.
They are however, innovating the payment processing procedure by providing a proprietary software for virtual wallets, making the platform the official gateway between your customers and the products they want to buy.
This is the future of payment processing. MTrac is happy to offer you 24/7 support and, so far, has a 100% client satisfaction rate. Company data has even shown a 26% increase in sales when surveying companies who have started using the platform.
Interested? You should be. Check out MTrac’s website at https://mtractech.com to contact the team and sign up.