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7 Point Financial
Address: 333 City Blvd.West
Suite #1700
Orange, CA

Rating (average): (0)
Business Sector:
Long Business Description:


Full Service Domestic Banking โ€“

We offer scalable banking solutions in the U.S.,providing you with access to the bank services you need.

Payment Processing โ€“

We provide U.S. based payment processing for accepting ATM Debit cards with the name of your business. In addition, we can provide online acceptance of Debit & Credit Cards for your CBD web based business.

Lending โ€“

We have lending partners who work specifically with the cannabis industry so we can get you the funding you need!

Seed-to-Sale Inventory and Cash Management โ€“

We offer Seed-To-Sale and Cash Management Systems that track inventory and handle cash transactions safely and securely at your business.

Security Services โ€“

We partner with Security Services for asset protection and safety. Why risk the safety of you or your employees when you donโ€™t have to.

Business Website Address: Click Here To Visit
Business Phone Number: 866-286-6116
Country: USA
State: California
Address: 12074 Broadway Terrace
Oakland, California
Rating (average): (0)
Business Sector:
Short Business Description: Zodaka is a payment platform that allows merchants in high risk industries to process payments safely, reliably and without the risks that come with using cash or offshore credit card workarounds. We operate entirely domestically, do not use reserves and are virtually impervious to chargebacks. We offer cutting-edge security, cheaper rates than the competition, a full-service customer support program, and a network of other cannabis professionals to help you further your business. Our plugin is also very easy to use for both the merchant and the customer. Zodaka is furthering the future of cannabis normalization by offering merchants a safe and reliable way for people to buy and sell the products they love.
Long Business Description:

Zodaka is designed to increase safety, reliability, and convenience in the cannabis and CBD industries. Our system works by providing merchants and customers a digital environment in which to conduct bank-to-bank transfers without foreign banks, pre-loading, reserves, minimums, spending limits, subscription fees, card declinations, and chargebacks. Users simply create an account, connect to their bank and they are ready to purchase from any Zodaka-enabled merchant. Once a user pays, the transaction goes directly to the merchantโ€™s bank without being held in any intermediaries. This allows Zodaka to process entirely within the U.S. legally and safely without keeping any of your funds in reserve. These factors combine to enable cannabis businesses at every step of the supply chain to buy and sell without fear of losing their payment processor.

By processing entirely domestically we are also able to overcome the problem of credit card declinations. These declinations absolutely kill merchants because they occur after product has already been distributed, usually because the merchantโ€™s processor is routing payments offshore. Not only do Zodaka payments never leave the country, but our system does not even contain a card to decline. The only reason a Zodaka payment would be rejected is if the customer has insufficient funds in their account or a history of fraudulent behavior. Zodaka also does not allow for chargebacks because we donโ€™t move money using credit cards.

Ability to integrate is huge for Zodaka, which is why we designed our system as an API that can be integrated with any custom management, delivery, or ecommerce system.

We built Zodaka to be not just a payment gateway but a payment network. As more merchants join our system more choices open up to our users. We also have a wide-ranging partnership program with a variety of professionals in fields necessary to the cannabis industry. If merchants are looking for services such as branding, merchandise, web development, or even cannabis-friendly bank accounts, Zodaka can point them in the right direction.

In the high risk space it is easy to charge unfair prices, as in the past merchants just havenโ€™t had many options. They could choose cash and spend a fortune on armored cars, or choose an unreliable credit card workaround that funnels their money through an offshore bank. Any electronic solution that was semi-viable could charge 8%-15% per transaction and merchants would simply have to pay up. Zodaka was created to change that. We charge nothing to access our system because we believe that every merchant big or small should have access to secure payment processing without having to sacrifice their margins. Merchants pay on a per transaction basis, meaning Zodaka only makes money if our merchants make money. Zodaka offers the most competitive rates in the industry, categorically cheaper than the competition.

Business Website Address: Click Here To Visit
Business Phone Number: 510-224-2268
Country: USA
State: California