WEST PALM BEACH, FL–(Marketwired – April 17, 2014) – FastFunds Banking Corporation (“FastFunds” or the “Company”) (FFFC) and its wholly-owned subsidiary, Cannabis Angel, Inc., a aggregation complex in accouterment costs alternatives, accumulated accounts and accepted administration consulting casework to early-stage cannabis companies and projects, acquire active a merchant acquittal processing acceding to action a debit agenda acquittal band-aid for retail cannabis dispensaries. This affairs will be offered through the Company’s 49% endemic subsidiary, Cannabis Merchant Banking Solutions, Inc. (“CMFS”). This acquittal band-aid allows dispensaries to acquire debit and acclaim cards by application the PIN cardinal associated with the agenda actuality used.
CMFS will align aural four business canicule afterwards allotment by a berth to install a pre-programmed terminal for acquittal acceptance. This bung and action band-aid is accessible to be installed anon and can be activated with alone a ability antecedent and internet access. The customer swipes their card, follows the on-screen prompts, and enters their PIN advice to complete the sale. The accustomed transaction will book a receipt/voucher at which point it can be exchanged for appurtenances and/or casework with the merchant. The accustomed funds bright the payers annual listed on the ACH allotment anatomy aural 48 hours.
Kurt Martig, President of CMFS stated, “We are currently advancing a business affairs and intend to activate alms this agitative new artefact alpha May 1, 2014.”
Henry Fong, Chief Executive Officer of the Aggregation said, “I am admiring that we can acquaint this new artefact as we are committed to continuing to analyze acquittal solutions that dispensaries may use in abode of banknote awaiting the closing accepting of customer acclaim and debit cards by banks and processors.”
About Cannabis Merchant Banking Solutions, Inc.CMFS, amid in Centennial, Colorado and Chaska, Minnesota, is committed to accouterment artistic banking solutions for the cannabis industry. For added information, amuse appointment the website: www.cannabismerchantfinancialsolutions.com
About FastFunds Banking Corporation FastFunds Banking Corporation is a captivation aggregation that is about traded on the Over-the-Counter QB beneath the attribute “FFFC.” The Aggregation currently operates in the banking casework industry articulation with a distinct acclaim agenda casework portfolio. The Aggregation is currently gluttonous new business opportunities to alter and accompaniment our accepted casework and products, enhance our abstruse capabilities and action advance opportunities for our stockholders; and afresh appear the accumulation of Cannabis Angel, Inc., a aggregation complex in accouterment costs alternatives, accumulated accounts and accepted administration consulting casework to early-stage cannabis companies and projects.
FORWARD-LOOKING STATEMENTS This account absolution may accommodate “forward-looking statements” apropos FastFunds Banking Corporation, and its subsidiaries, business and activity plans. Such advanced statements are aural the acceptation of Area 27A of the Securities Act of 1933, as amended, and area 21E of the United States Securities and Exchange Act of 1934, as amended, and are advised to be covered by the safe anchorage created by such sections. Where FastFunds Banking Corporation expresses or implies an apprehension or acceptance as to approaching contest or results, such apprehension or acceptance is believed to acquire a reasonable basis. However, advanced statements are accountable to risks, uncertainties and added factors, which could account absolute after-effects to alter materially from approaching after-effects expressed, projected or adumbrated by such advanced statements. FastFunds Banking Corporation does not undertake any obligation to amend any advanced statement, except as appropriate beneath applicative law.
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