Cashless ATM Trend Common in the Cannabis Industry and What Visa Has to Say

#Visa recently issued a memo detailing a common scheme being used by #businesses in the #cannabis industry—“cashless ATM” point-of-sale (POS) transactions. #Cashless ATM transactions take place when a merchant takes an order, rounds up the total to an even number, and then runs a transaction, miscoded as an ATM #withdrawal.

Distributed by: Cannabis Broadcast Station/ Infinity Broadcast Network

William Bradley

William Bradley

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