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Thursday, July 17, 2014 1:02:21 PM
"Business owners of successful businesses know that a 3% cost for a secured payment transaction is merely a cost of doing business."
I agree. This is a 'standard' cost almost all businesses have. Simply because GreenStar charges the customer instead of the business, does not mean they have a successful model.
If this was the case, all type of businesses would be flocking to GreenStar. GreenStar would have accounts from all types of businesses.
Banks and credit card companies will be free to do business with dispensaries very very soon....so why would a dispensary invest in a startup, fledgling payment processor when they can do business with the large banks and financial institutions very soon?
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