Quarterly Report 2019 Q3 Financials
April 4/4/2019: REFG news - announcing that it will open a customer service center to serve customers from its recently launched Go! payment system. Following the high response rates, the company will open the center ahead of schedule
REFG Provides Secure Payment Processing Solution to Cannabis Industry
Medical Cannabis Payment Solutions (OTC: REFG) is on a mission to solve the cannabis industry’s lack of secure payment options. The cannabis-focused financial services company has created an end-to-end payment processing solution to serve both industry retailers and their customers. An article discussing the company reads: “A multi-billion dollar cash business invites headaches and trouble. Tax collection, payroll problems, bill payment, assaults and armed robbery all plague an industry that’s expected to exceed $37 billion in the U.S. by 2024. No other industry of this size suffers through such operational and logistical nightmares. …To solve these complex issues, Medical Cannabis Payment Solutions (OTC: REFG) has created the first purpose-built solution to cannabis banking that solves cash handling issues, offers electronic payment and e-commerce features and gives marijuana businesses immediate access to funds while keeping them in compliance with all federal (FinCEN) laws to combat domestic and international money laundering, terrorist financing and other financial crimes. Not only compliant, REFG’s end-to-end payment processing solution finally provides cannabis customers and retailers with high-function payment options other than cash.”
LAS VEGAS, NV / ACCESSWIRE / March 26, 2019 / Medical Cannabis Payment Solutions (OTC PINK: REFG), a leading provider of regulatory-compliant financial services for state-sanctioned marijuana, today announced that it has entered into an agreement with DeltaNevada, a Nevada investment and management company that has entered the CBD extraction and processing space, to provide its platform and services to process payments and to provide depository services.
''The entire industry has been plagued with problems getting financial services, to the point that many think they're not available, or if they are, they're simply too expensive,'' said DeltaNevada, ''By entering into this agreement, we recognize compliant, affordable, secure and domestic payment processing is available. This is the solution we've been looking for.'' ''We are delighted to introduce Medical Cannabis Payment Solutions' expanded financial product offering, supported by Go!, to DeltaNevada and their clients. We look forward to being of service to them and their customers,'' said Jeremy Roberts, the company's CEO. '' The customers will have access to fast and reliable electronic payments with the resources and security of Go! as a solution specializing in compliant state-sanctioned payments.''
About Medical Cannabis Payment Solutions Our mission is to provide end-to-end management, across multiple management systems, for medicinal marijuana operations. Many medicinal marijuana companies have experienced such rapid growth that they are finding it difficult to manage all aspects of their operation. In order to become a successful and compliant medicinal marijuana operation, effective management must depend on many different systems. REFG solves the fragmentation problem by identifying tools that are important to dispensaries and customizing those tools specifically to the industry. We strive to create awareness within the medicinal marijuana industry and to develop an environmentally friendly, economically sustainable business while increasing shareholder value. For more information, please visit the company's website at www.paywithgo.com.
FORWARD-LOOKING STATEMENT: This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of REFG to be materially different from the statements made herein.
SOURCE: IR Partners Inc.
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