Thc Merchant Services Llc

Description

• We deal in very high risk credit card processing all the way down to your local convenience store and restaurant . We consult with a handful of businesses and banks that work with these businesses. A large part of out efforts in the US is to help businesses in the MMJ and recreational shops and delivery services. We use a voucher based system, that is all U.S. based. This allows for the Cannabis Industry to lower on hand cash and have a safer environment in their businesses. The biggest perk is we are not miscoding these shops they are written as Cannabis Dispensary and the transaction comes in 4 business days. The main perk is that the dispensary will get a 1099-K form for IRS 6050W requirement. This is what the tax collection agencies want. In this industry with so many miscoding accounts which the processor has no idea what product these legal U.S. businesses sell. What happens is they get legitimate state licensed businesses, debit and credit, point of banking, and ATM's shut down. I have seen ATM companies fine 25k for the miscoding and also not having the proper signage on the ATM, that is why they are blank on the front. Since the BETA test started in 2014 and the rollout nationwide to all cannabis merchants we have acquired some of the largest licensed stores and licensed delivery services the states where it is legal to sell. Not one business was scrutinized by taxing authorities nor was one banking relationship lost. We can also help your Cannabis business obtain a legitimate bank account in 48 hours. The low to medium risk is ran through a very prominent processor that has same day approvals. Our specialty is the high risk businesses because we have a 99% approval rate for them. We utilize a very new technology that we are on the forefront of and happy to be a part of. This allows for any merchant running A LEGAL business to process all 4 major credit cards while still receiving a 1099-k form a year.
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  Headquarters:Denver , Denver, Colorado, United States

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  Phone Number:

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  Website: https://www.thcms.us

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  Employees:3

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  Revenue:$0 - 1M

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  Legal Name:Thc Merchant Services Llc

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• |  NAICS Code: 523110  |

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