According to the company, these firms will now be able to accept Visa, MasterCard, Discover and American Express.
The company will participate in the revenues from each established account on a continuing basis, under the terms of Gold Coast’s agreement with its financial partner.
Gold Coast CEO Michael Shea stated, "The launch of MJ-Merchant is another avenue for the Company to add revenue and profit."
"As the industry grows, it needs infrastructure, and I believe we are providing a valuable piece in this offering. I look forward to rolling out additional revenue generating products in the very near future."
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Gold Coast Mining operates as a holding company with interests in the MJ industry, as well as mining and energy sectors.
