Solutions
Point of Banking
POB transaction are not your traditional credit card or debit card transaction. By using the interbanking system it allows for a merchant to accept cash by transferring money from the customers account to the merchants for a small fee to the customer.
Terminals
The merchant will be provided a Verifone VX570 by Harmony Transactions. It will be able to accept chip cards or swipe. Additionally it will have a pin pad for the customer to enter their pin for the completion of the transactions. Just like a credit card cash advance or an ATM withdrawal.
No Fees
Since this process works off the ATM model, all fees are passed to the customer. At the end of the transaction they will be asked to accept the service charge to complete the sale. At this point the money will be deposited to the merchants account within 24/48 hours.
Online Solutions
Please email info@harmonytransactions.com for our online eCommerce payment solutions.
SAFETY!
By using this system not only will the merchant be increasing the safety of the dispensaries employees, but also the customers. Most merchants are unable to take cards at all or simply provide an ATM on site so that the customer has access to cash. All this does is increase cash load making the dispensary a prime target for robbery which can turn to even a worse situation.
Using Harmony Transactions will drastically reduce cash in house and at no cost to the dispensary!