Medical Marijuana Business Daily: “As if the medical marijuana industry needs another challenge. Last week, we published an exclusive story about a move by the MMJ industry’s primary credit card processor to stop handling Visa and MasterCard transactions made at cannabis centers as of July 1. . . . our sources in the merchant services arena say Visa and MasterCard were behind the decision to sever ties with the MMJ industry . . . . Many cannabis professionals have feared this day was coming since American Express stopped processing dispensary transactions last year. Most dispensaries in the nation will be forced to conduct business solely in cash”
American Express, Visa & Mastercard Dump Marijuana Dispensaries
By On the Net|2017-10-07T09:54:54-07:00June 25th, 2012|Stories & Articles|Comments Off on American Express, Visa & Mastercard Dump Marijuana Dispensaries
About the Author: On the Net
The author of this article is
Richard Keyt, an Arizona business law attorney who is the creator of this Arizona medical marijuana law website. Connect with Richard at 480-664-7478 or on Google+