{"id":454771,"date":"2021-03-10T09:03:08","date_gmt":"2021-03-10T14:03:08","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=454771"},"modified":"2021-03-10T09:03:08","modified_gmt":"2021-03-10T14:03:08","slug":"cannatrac-subsidiary-cti-processing-inc-begins-working-with-new-merchant-bank-to-improve-customer-onboarding-processes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cannatrac-subsidiary-cti-processing-inc-begins-working-with-new-merchant-bank-to-improve-customer-onboarding-processes\/","title":{"rendered":"CannaTrac\u00ae Subsidiary CTI Processing, Inc. Begins Working with New Merchant Bank to Improve Customer Onboarding Processes"},"content":{"rendered":"<div class=\"mw_release\">\n<p>CHICAGO, IL, March  10, 2021  (GLOBE NEWSWIRE) &#8212; via <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=z6L0Jzwp4LMD7vp3vvxcWFu26-qm2iH06zZwLhaKdrtafA-Ug4wg8xk0In__wVnjEM0t2ymg6sqWdt1qTGOVxNVyljyfUIF6LppUF9k4HEc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>NewMediaWire<\/u><\/a> &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=euOH4qgnw0bM7A2u8YQ9D4gW1o_Av-ioT5zw4i5Ujxpf6nn6ApryrA6xsgylYX-1GZBnjCqfm3sC2W-opgOPnAVHozUyqNLuBdyNFXwWme8=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>CannaTrac\u00ae Technology, Inc.<\/u><\/a> (\u201cCannaTrac\u201d or \u201cthe Company\u201d), announced today that its wholly-owned merchant processing subsidiary\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5AetYRXB4yyvQhgMyj1fgavc5VE86p4fSArmDnqRPJ9SXOeJVlyN8El3FgN8b-YyRuPPLUVxrNtTZCeT_ioNwo1Pk2FkJSakBdwtT3wEAIQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>CTI Processing, Inc.<\/u><\/a>\u00a0(\u201cCTI Processing\u201d), has begun working with a new merchant processing bank, which allows the Company to onboard new businesses with customized solutions into their system within 36 hours of receiving completed paperwork.\u00a0<\/p>\n<p>\u201cAs states and counties within the U.S. continue to allow businesses to open their doors, reliable merchant processing will be a necessity at the top of everyone\u2019s list. With our new merchant bank, CTI can onboard most businesses within days of receiving application documents. For the many businesses that found themselves struggling financially due to the COVID-19 pandemic, we can be their game-changer,\u201d said CannaTrac Vice Chairman and CEO Thomas Gavin IV. \u201cThrough CTI, we are able to help most businesses in federally legal industries lower rates, lower costs or simply provide better service and equipment than their current providers.\u201d<\/p>\n<p>CTI Processing provides companies in all federally legalized industries with end-to-end payment processing and merchant services, the most up-to-date equipment and state-of-the-art technology for a streamlined payment process.\u00a0<\/p>\n<p>The Company has designed its offerings to significantly lower merchant processing-related fees and reduce financial risks for merchants. As the U.S. slowly reopens, providing the lowest merchant processing-related fees possible can help businesses as they financially recover from the pandemic.\u00a0<\/p>\n<p>For more information about CTI Processing, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JPkoGKuXmltmMwFuvN3TvzI4lwK_tBajLc9Rpn2YCxKk74OGU7nNWOYpm9EJ94DzgGGbmbmaILzH3Zh9jSWwpw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>ctiprocessing.com<\/u><\/a>.<\/p>\n<p>ABOUT CANNATRAC\u00ae<\/p>\n<p>CannaTrac\u00ae is dedicated to bringing safety to the cannabis and hemp industries by serving as the industry\u2019s leading cashless mobile payment system solution. CannaTrac\u00ae created the CannaCard\u00ae to provide consumers and retailers with a convenient way to benefit from increased safety and convenience through cashless purchases within the legal cannabis industry. Shop.Pay.Earn Rewards\u2122 with the CannaCard\u00ae. To learn more about CannaCard\u00ae or register as a merchant, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=D7Iz_Je7y7NjSF_ANsIbnHyFKwKKS9WbjwC9RkPrhlNO2RDC0NRFpkdwhZR9lvTZ_xftFcXq3DE2B4x7d1pA2oBfX6QALhkl_ZSmTMe6Jz8=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>https:\/\/cannatrac.com\/<\/u><\/a><\/p>\n<p>PR Contact<\/p>\n<p>Mary Borstelmann<\/p>\n<p>CMW Media<\/p>\n<p>mary@cmwmedia.com<\/p>\n<p>(818) 433-8224<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NzQyOSM0MDU2OTIzIzUwMDA1MzY1OQ==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/0104465c-e546-463c-b9c5-a96895fc429c\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CHICAGO, IL, March 10, 2021 (GLOBE NEWSWIRE) &#8212; via NewMediaWire &#8212; CannaTrac\u00ae Technology, Inc. (\u201cCannaTrac\u201d or \u201cthe Company\u201d), announced today that its wholly-owned merchant processing subsidiary\u00a0CTI Processing, Inc.\u00a0(\u201cCTI Processing\u201d), has begun working with a new merchant processing bank, which allows the Company to onboard new businesses with customized solutions into their system within 36 hours of receiving completed paperwork.\u00a0 \u201cAs states and counties within the U.S. continue to allow businesses to open their doors, reliable merchant processing will be a necessity at the top of everyone\u2019s list. With our new merchant bank, CTI can onboard most businesses within days of receiving application documents. For the many businesses that found themselves struggling financially due to the COVID-19 pandemic, we can be &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cannatrac-subsidiary-cti-processing-inc-begins-working-with-new-merchant-bank-to-improve-customer-onboarding-processes\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CannaTrac\u00ae Subsidiary CTI Processing, Inc. Begins Working with New Merchant Bank to Improve Customer Onboarding Processes&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-454771","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CannaTrac\u00ae Subsidiary CTI Processing, Inc. Begins Working with New Merchant Bank to Improve Customer Onboarding Processes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cannatrac-subsidiary-cti-processing-inc-begins-working-with-new-merchant-bank-to-improve-customer-onboarding-processes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CannaTrac\u00ae Subsidiary CTI Processing, Inc. Begins Working with New Merchant Bank to Improve Customer Onboarding Processes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CHICAGO, IL, March 10, 2021 (GLOBE NEWSWIRE) &#8212; via NewMediaWire &#8212; CannaTrac\u00ae Technology, Inc. (\u201cCannaTrac\u201d or \u201cthe Company\u201d), announced today that its wholly-owned merchant processing subsidiary\u00a0CTI Processing, Inc.\u00a0(\u201cCTI Processing\u201d), has begun working with a new merchant processing bank, which allows the Company to onboard new businesses with customized solutions into their system within 36 hours of receiving completed paperwork.\u00a0 \u201cAs states and counties within the U.S. continue to allow businesses to open their doors, reliable merchant processing will be a necessity at the top of everyone\u2019s list. With our new merchant bank, CTI can onboard most businesses within days of receiving application documents. For the many businesses that found themselves struggling financially due to the COVID-19 pandemic, we can be &hellip; Continue reading &quot;CannaTrac\u00ae Subsidiary CTI Processing, Inc. 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