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Tag: payment processing
Banking: Navigating Payment Hurdles
Cannabis retailers face a difficult set of challenges, particularly when it comes to an area most other sectors take for granted: payment processing. As...
Payment Processing Evolves
This article is part of a series of historical perspectives about the legal cannabis industry.
Having worked in this industry for nearly eight years, I’ve...
Guardian Banking Solutions Guides Companies Through ERC Qualification
Many cannabis business owners don’t believe they qualify for the Internal Revenue Service’s Coronavirus Aid, Relief, and Economic Security (CARES) credit program.
But they’re wrong.
The...
8 Financial Services Providers and Cannabis Banks to Explore in 2023
One of the biggest headaches for cannabis businesses is lack of support from financial services providers and banking institutions. The current scarcity of access...
Washington Department of Financial Institutions Approves Bankcard International Group’s PIN Debit Payment Services for...
VANCOUVER, Wash., September 15, 2022 -- Bankcard International Group (B.I.G.), a leading provider of cannabis merchant accounts for payment processing, announced that its services...
FinCEN Guidelines Clarify Due Diligence Requirements regarding Hemp Businesses
WASHINGTON, D.C. – The U.S. Treasury Department Financial Crimes Enforcement Network (“FinCEN”) at the end of June issued guidelines for financial institutions that clarified...
Hypur Inc. Partners with Salal Credit Union for Cannabis Payment Processing
SCOTTSDALE, Ariz. – Payment processing company Hypur Inc. announced last week it has partnered with Salal Credit Union to provide payment processing for cannabis,...
Eaze Cannabis Delivery Sued for Unfair Advantage, Card Sales
SAN FRANCISCO – Cannabis brand distributor Herban Industries on Tuesday filed a complaint in San Francisco Superior Court charging cannabis delivery platform Eaze with...
Tarzana SWAT Operation at Cannabis Dispensary Finds No Suspects
TARZANA, Calif. – The investigation is ongoing into an hours-long SWAT operation that took place Monday at an unlicensed cannabis dispensary located in Tarzana, California.
According...














