December 15, 2021

The Visa-Cannabis Conundrum: FINCANN Statement on Recent Visa News

In response to the December 2021 news that Visa has issued a warning against cannabis businesses utilizing cashless ATMs, Fincann CEO Nathaniel Gurien released the following statement: The major card networks, including Visa, Mastercard, American Express, and Discover, are opposed to supporting the cannabis industry due to much of the same prejudice and misunderstanding that discourages the banking industry. As a result, I’ve seen and partnered with many often inspired attempts seeking to circumvent this resistance to cannabis credit card […]
July 20, 2021

Cashless ATMs vs. Compliant Merchant Processing

While it may seem like a decent alternative, there are plenty of reasons to forego cashless ATMs altogether, first and foremost that these workarounds are patently illegal. Here’s what you need to know about cashless ATMs and how compliant merchant processing solutions stack up.