NetworkNewsBreaks – Medical Cannabis Payment Sol
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Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) has developed the Green platform, an electronic payment and FinCEN compliant payment system that tracks sales. An article discussing the company reads: “The Green platform creates a cash-free transaction environment with electronic money management. This processing solution provides premier security. In addition, it has the capacity to abide by all regulatory frameworks. For a business, the Green platform essentially provides a virtual banking system, as it is both the merchant provider and the gateway. It handles financial compliance so that a business can easily spend or withdraw funds directly from its Green account. Additionally, businesses can transfer funds to another bank account. The offering of these features is consistent with the Medical Cannabis Payments Solutions vision to be at the leading edge of creating secure financial solutions for the cannabis industry.”
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