Compliant Merchant Service Cashless Processing Platform for CBD Product Sellers

Sep 17, 2019

MTrac Tech Corp has launched a seamless, secure, and compliant merchant service processing platform for high-risk industries such as the CBD and cannabis industry.

Las Vegas, United States - September 17, 2019 /PressCable/ —

MTrac Tech Corp has launched a seamless, compliant merchant service processing platform for CBD and cannabis sellers and businesses. The company has developed a blockchain powered credit and debit card processing service to eliminate the need for cash.

More information can be found by visiting: https://mtracmerchantservices.com

With the legalization and decriminalization of marijuana and cannabis products in the United States, companies are understandably looking to move away from cash toward more secure, trackable, compliant methods of payment. MTrac has developed the perfect solution for the cannabis industry and beyond to eliminate the risks involved with taking cash payments and having cash on hand.

First and foremost, the platform utilizes transparency and reporting features to service as a secure, reliable compliance tool to enable companies to easily report to banks and regulators. The team at MTrac is dedicated to solving some of the toughest financial challenges facing high-risk, non-traditional industries such as the cannabis industry.

They’re able to do this by offering a payment processing system based on blockchain technology. The system’s high security protocols and customized reporting features allows it to serve as a “friend of regulation and a compliment to banking.”

They’re not trying to re-invent the wheel. MTrac offers traditional payment processing of all major credit and debit cards for all B2C transactions. They are however, innovating the payment processing procedure by providing a proprietary software for virtual wallets, making the platform the official gateway between consumers and the commodities they want.

Questions often come up regarding the term blockchain, and whether it is cryptocurrency. Blockchain technology is not a cryptocurrency. Instead it is a secure technology with ground-breaking record keeping capabilities. Users do not have to deal in bitcoin or other blockchain cryptocurrencies to work with MTrac.

Companies who are in non-traditional or high-risk industries or who deal with high-volume cash payments are advised to partner with MTrac for their secure payment processing solutions. Interested parties can find more information at the link above.

Contact Info:
Name: Merchant Resources
Email: Send Email
Organization: MTrac Tech Corp.
Address: 5333 S Arville St Suite 206, Las Vegas, NV 89118, United States
Website: https://compliantmerchantservices.com/mtracmerchantservices

Source: PressCable

Release ID: 88918713