PowerQwest
Cannabis Dispensaries Turn to Cash in Wake of Mastercard Ban
With Mastercard's recent move to ban cannabis purchases, dispensaries in need of cash management solutions are turning to PowerQwest.
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PowerQwest
- Aug 7
- 2 min
Mastercard Announces Ban on Debit Card Transactions for Cannabis Purchases
With MasterCard's crackdown on accepting debit cards for cannabis, now is the perfect time to get a free, 100% compliant ATM.
17 views
PowerQwest
- Jan 24
- 4 min
Don’t Take Chances. Partner with PowerQwest for 100% Compliant ATMs
Payments in the cannabis industry are confusing. Jim Krawczyk discusses the ATMs, cash and regulations with LeafWire.
10 views
PowerQwest
- Dec 11, 2022
- 2 min
Cashless ATM Crackdown Leaves Cannabis Shops Scrambling
Dispensaries are returning to cash after a variety of processors turned off “cashless ATMs” following defeat of the SAFE Banking bill.
18 views
PowerQwest
- Oct 27, 2022
- 3 min
Work in the Cannabis Industry? You Could Make Extra Money with PowerQwest’s Referral Program
If you work in the cannabis industry, you can earn extra money by simply referring dispensaries in need of ATMs and SmartSafes to PowerQwest
55 views
PowerQwest
- Dec 17, 2021
- 2 min
Visa Warns Against Misuse of ‘Cashless ATMs’ Used by Cannabis Retailers to Skirt Restriction
If you are using cashless ATMs to allow customers to make payments, you may want to take note of Visa's memo.
2 views
PowerQwest
- Jul 20, 2021
- 3 min
Why Cashless ATMs are the Next Target of Federal Enforcement
Cashless ATMs are illegal in cannabis dispensaries. MasterCard, Visa, American Express will not support any cannabis transactions.
67 views
PowerQwest
- Jul 8, 2021
- 1 min
Why Cannabis Dispensaries are Choosing PowerQwest's Full-Service ATMs
If you are looking for a full-service cannabis ATM provider with nationwide service, that will keep you compliant, PowerQwest is the answer.
47 views
PowerQwest
- Jun 21, 2021
- 1 min
California businessman gets 2½ years for bank fraud in $150M pot processing scheme
A California businessman was sentenced to 2½ years in prison for his role behind a scheme that duped banks into processing cannabis purchase
27 views
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