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12-15-2022, 12:21 PM #10
Reputation points: 84417
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,952
POB Cashless ATM are not compliant - they are in place - BUT operators are constantly seeking new banks to connect their networks.
So far, only a few large processors have gone to prison, the writing merchant that falsifies the application and the merchant that signs that application,
nothing more than losing their merchant account.
Questions I always ask when I'm approached with the newest "Compliant Payment System" who is the Acquiring-Sponsoring Bank
and under what MCC are you Boarding Cannabis.
No one will ever provide that answer -Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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