Friday, February 09, 2018 7:52:25 AM
Medical Cannabis Payment Solutions (OTC: REFG) specializes in state-of-the-art financial services structured to serve the medical cannabis and banking industry. On January 11, 2018, the company announced it will soon process payments in Bitcoin. The development goes beyond the current version of the merchant app, which is currently available to state-licensed marijuana establishments. Medical Cannabis Payment Solutions was developed to solve this major problem in state-sanctioned marijuana: banking and cashless payments. The company already has its payment processing technology, Green, available to cannabis locations across the nation. Green offers clients a cutting-edge payment solution that allows consumers to buy items using US currency and will soon allow Bitcoin. "Traditional banking systems do not allow state-sanctioned marijuana to access their payment systems," said Jeremy Roberts, CEO of Medical Cannabis Payment Solutions. "The feedback we have received indicates that the opportunity is bigger than just cashless electronic payments in US currency."
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