[JohnJohnson]

[b]DGRI - WKN: A0LGAU - Dutch Gold Resources - NEWS $$$ Entrys in Medical Marijuana Sector $$$$
NEWS
Point of Banking Solution for the Medical Marijuana Sector Dutch Gold Offers Alternative Merchant Service for MMJ Retailers
Date : 03/20/2014 @ 9:00AM
Source : Access Wire
Stock : Dutch Gold Resources, Inc. (PL) (DGRI)

HUGE NEWSFLOW EXPECTEt! $$$$

Dutch Gold Resources Aktie
WKN: A0LGAU
ISIN: US26702V1070
Symbol: DGRI
Typ: Aktie


Company Website:

US Board:


Point of Banking Solution for the Medical Marijuana Sector Dutch Gold Offers Alternative Merchant Service for MMJ Retailers
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Atlanta, GA / via ACCESSWIRE / March 20, 2014 / Dutch Gold Resources, Inc. (DGRI.OTC) (the "Company") today announced that it has entered into an agreement to immediately begin to offer a Point of Banking solution to MMJ merchants as an alternative to traditional merchant account services and to facilitate secure merchant transactions.

It is virtually impossible for MMJ retailers to acquire merchant accounts, and they are typically subject to very high rates if they are somehow able to actually secure a merchant account. Dutch Gold Resources, Inc. will begin offering Point of Banking solutions to the MMJ sector to give retailers access to card processing and to reduce costs for the industry.

Point of Banking functions as a "cashless ATM Machine" that allows retail merchants to accept bankcards without the high processing fees associated with either a traditional or high-risk merchant account. All processing fees for approved transactions are paid for by the cardholders through a small convenience fee that is added to the transaction amount being charged to the customer's card, similar to using an out-of-network ATM machine. Point of Banking uses a terminal configured to run PIN-based transactions that most merchants place right at the cash register. Whole dollar amounts are run in increments of $5 or $10. The terminal prints a two-part receipt, so both the merchant and the customer can keep a copy. Funds are electronically deposited into the recipient