Mastercard demands US cannabis shops stop accepting debit cards
Mastercard demands US cannabis shops stop accepting debit cards
The issuer says its debit cards must not be used for legal cannabis, due to federal laws in the US.
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If you think about it, do you really want a history of federal crimes recorded on your bank account...?
You'd make sure to register your company financially in a way that doesn't specify the business right?
Is obfuscating what your officially registered business fundamentally really possible? Not going to pass muster legally.
Don't lots of adult goods companies already do this to avoid it saying "big dildos.com" or the like on people's statements?
Right, but that's for your personal privacy, not your legal protection. If a weed company calls itself Cheshire Garden Supplies instead of Weed Weedersons Weed Emporium then that doesn't stop the fact that you bought stuff from a weed dispensary from being a federal crime if push comes to shove. All I'm saying is that cash seems the naturally more sensible option either way.