Before CANNABIS BUSINESSES After
How Credit Card Fee Savings Boost Your STORAGE UNIT Value
Understanding Cap Rates
You already know that every dollar of revenue matters. What many owners don’t realize is that small operational savings can dramatically increase the market value of your facility – the Capitalization Rate (Cap Rate).
HIGH RISK COMPANIES WE SERVE
Nutraceuticals – Cannabis – CBD – Firearm Sales – SaaS Companies – Travel Industry – MLM – Credit Repair
“BestCardFees is changing the storage unit industry, hands down. I love this company and they’re going to change this entire market!”
Darren Kelley, CEO Right Move Storage
WHY CHOOSE US
We set the standard in high risk nutraceutical e-commerce and payment processing. What sets us apart is our focus on the best compliant solution for your business – not trying to fit your business into what we have to offer.
We have experts in payment processing for high risk and highly regulated industries, particularly the cannabis industry, where our experience is on pushing the industry forward with compliant, transparent, and sustainable payment services.
Our team consists of former merchant services executives for major banking platforms, CAMS (Certified Anti Money Laundering), banking executives, POS experts, and highly experienced payment professionals.
We have an exclusive partnership with GreenBox, who services cannabis growers and dispensaries nationwide and provides them the technology, SaaS platforms, and CPA services.
We’re involved in the supplier selection process for dispensaries and the ecosystem of standardizing and revolutionizing the cannabis industry with compliant solutions.
How Credit Card Fee Savings Boost Your Property Value
Cap Rates
As a storage unit owner, you already know that every dollar of revenue matters. What many owners don’t realize is that small operational savings can dramatically increase the market value of your facility – and it all comes down to something called Capitalization Rate (Cap Rate) – and that’s what we specialize in.
“Saving 4% on credit card processing fees with BestCardFees isn’t just cutting costs – it’s creating long-term wealth. At a 7% cap rate, every $1 saved adds $14.28 to your property’s value – and that can be refi’d tax free and put in your pocket or reinvested.”
Glen Brynteson, Co-Founder
TURN DATA INTO INTELLIGENCE – INTELLIGENCE INTO PREDICTIVE ANALYTICS
WIN LOSS ANALYSIS
We have been a pioneer in the Win Loss Analysis industry for almost two decades.
We obtain data and verbatim feedback on all the key performance indices (KPI’s) of your organization. We then turn that data into intelligence – and then into predictive analytics. We provide the intelligence to win more – and lose less.
Glen Brynteson, Founder-CEO
“Our intelligence serves as the backbone for your business and identifies the dials that need to be adjusted immediately to generate more revenues. Buyer intelligence will provide you with a massive competitive advantage and position your business for M&A activity.”
Mike Nugent, Delivery Director
FAQs For High Risk Merchants
There are many reasons why a business might be considered high risk. A few of them are: 1.) if you have a high charge back ratio, 2.) if you’re processing cards without the individual present, 3.) you offer recurring billing, subscriptions, free trials, 4.) you’re in an industry that has a reputation for high fraud rates and chargebacks. Keep in mind that all merchants carry risk. Banks simply want to make sure their time spent on paperwork and disputes is worth their return.
No. Card brands and regulators have left no room for interpretation in their stance on credit cards being utilized for the processing of cannabis transactions. Any solution claiming to offer credit card processing for cannabis is in direct violation of Visa/Mastercard operating rules as well as Federal regulations (refer to our PIN Debit solution above ).
Cashless ATMs (a.k.a. Point of Banking or POB) tend to mask the true nature of transactions by converting a pin-based debit transaction into an ATM transaction, which consequently is a form of money laundering. The Federal government is dramatically cracking down on this practice and has notified the primary Cashless ATM companies in the US.
Cashless ATMs or POB transactions tend to change the physical address associated with the now converted ATM type transaction to be associated with a non-cannabis related business. While this may seem harmless it is in violation of Regulation E (9)(a)(5)(i).
In order to participate in our pin-based debit program merchants are required to go through a detailed underwriting process. During this process not only is our underwriter ensuring full KYCC requirements are met, but they’re also going to verify full transparency in the lifecycle of your transactions – from the consumer to the merchant’s DDA, all touchpoint must attest, and report, their cannabis compliance programs.
industry examples
MINI CASE STUDIES & BLOGS
We compiled a few brief case studies from some of our fantastic clients and blogs on handling and expanding your business.