Credit, debit cards OK for recreational marijuana

By: The Associated Press
January 8, 2014 Updated: January 8, 2014 at 3:17 pm
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photo - In this Dec. 6, 2013 photo, an employee of The Clinic, a Denver-based dispensary with several outlets, takes a payment from a customer for a bag of marijuana and a THC-infused soda, in Denver. The Clinic is among the roughly 150 medical marijuana dispensaries hoping to begin selling to recreational users when it becomes legal to sell on Jan. 1, 2014. The state's hopeful pot shops are so mired in red tape and confusion that no one knows yet when or if they'll be allowed to open. Not a single shop will clear state and local licensing requirements until about Dec. 27. (AP Photo/Brennan Linsley)(AP Photo/Brennan Linsley)
In this Dec. 6, 2013 photo, an employee of The Clinic, a Denver-based dispensary with several outlets, takes a payment from a customer for a bag of marijuana and a THC-infused soda, in Denver. The Clinic is among the roughly 150 medical marijuana dispensaries hoping to begin selling to recreational users when it becomes legal to sell on Jan. 1, 2014. The state's hopeful pot shops are so mired in red tape and confusion that no one knows yet when or if they'll be allowed to open. Not a single shop will clear state and local licensing requirements until about Dec. 27. (AP Photo/Brennan Linsley)(AP Photo/Brennan Linsley) 

DENVER — It will be up to banks to decide whether to allow the use of credit cards to buy recreational marijuana.

Dozens of stores are offering patrons payment alternatives to cash, but they require a bank account.

According to the Denver Post (http://tinyurl.com/o4reaqb ), Visa has said their previous policy was to ensure that no illegal transactions enter their systems.

That position has softened lately, with Visa on Monday saying it's putting the burden on merchant banks to decide the definition of illegal.

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Information from: The Denver Post, http://www.denverpost.com

Credit, debit cards OK for recreational marijuana

By: The Associated Press
Updated: January 8, 2014 at 3:17 pm

DENVER — It will be up to banks to decide whether to allow the use of credit cards to buy recreational marijuana. Dozens of stores are offering patrons payment alternatives to cash, but they require a bank account. According to the Denver Post (http://tinyurl.com/o4reaqb ), Visa has said...

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