Bankcard International Group (B.I.G.) was primarily established to provide payment processing services to all kinds of industries. Lately, it has begun focusing on the cannabis industry. Most of its services are focused on easing payment processing for cannabis-based businesses.
The B.I.G. team has a combined 20 years of experience in the financial technology industry. Here are the industries that the company provides services for:
Most significantly, B.I.G. takes pride in its highly trained advisors and service professionals. The company said its team could provide personalized services and customized offers. It has a fast approval and turnaround time, so clients can start accepting credit card payments as soon as possible.
Credit Card Processing – Businesses cannot survive without accepting card payments in-store and online. That is what B.I.G. provides—the ability to process major debit and credit cards. B.I.G. can walk you through the process of getting accredited for card payments. The company’s solutions can integrate well into popular shopping carts and payment gateways.
High-risk Payment Processing – Traditional banks don’t always approve merchant accounts for cannabis-based businesses. However, it is impossible these days to succeed in any industry without being able to process card payments. B.I.G. can provide merchant services to high-risk industries such as cannabis, firearms, nutraceutical, and adult merchant. It is especially focused on the cannabis industry.
Bitcoin Payment Processing – B.I.G. isn’t only accepting high-risk payments, but it is also processing bitcoin payments. Soon, bitcoin will be as popular as credit cards. Auto companies and retailers have begun accepting bitcoin as payment, so other businesses must follow suit.
The best thing about B.I.G.’s bitcoin processing services is the Lightning Network. This will allow merchants to receive their bitcoin payments instantly. Unlike credit cards and wire transfers that may sometimes take weeks to arrive in your merchant accounts, bitcoin payment will instantly arrive in the merchant accounts.
Payment Gateway – B.I.G. has partnered with the best in the industry to provide merchants with a feature-packed payment gateway. The company’s gateway fits just about any industry. It has a PCI Level 1 certification, a fraud prevention program, and a client management vault.
Virtual Terminal – Businesses must be able to accept payments in-store, online, or in an outdoor setting. B.I.G. can provide virtual terminals so you can process card payments anywhere you are. This feature will allow you to offer a payment-on-delivery option.
Invoicing – B.I.G. also has an invoicing service. Instead of waiting for your customers to pay, you can simply send them an invoice. They can pay you more quickly this way. Customers can view the invoice and pay conveniently through their email.
Processing Fees – B.I.G. does not publish information about its processing fees, rates, and pricing. A thorough search on Google shows no information about the company’s pricing scheme either.
There are no recorded complaints about B.I.G.
B.I.G. is accredited and rated by the Better Business Bureau (BBB). It has a rating of A+ and has been accredited since August 2020. BBB is the association that assigns ratings between A+ and F to companies. Many merchants check the BBB website first before working with a payment processor. However, remember that BBB is not the only association that accredits and gives ratings to payment processing companies.
Although B.I.G. is listed on the BBB website, there are no reviews and complaints about it.
B.I.G. is a legitimate website seeing as the BBB has accredited it. It has a website with information about the company. It also has an active Facebook account. The last update on the page was last January 22, 2022. You can even find mentions of B.I.G. on the Cannabis Business Executive website.
ScamAdviser gave B.I.G.’s website an average to good trust score because the website is very old. However, it also flagged the website for having a low Alexa rank and an invalid SSL certificate.
B.I.G. has no reviews on Facebook and other popular review sites and online forums. It publishes client testimonials on its website. There are three testimonials there from past clients. The merchants said that only B.I.G. helped them after being rejected by other more popular payment processors.
They also raved about the B.I.G’s customer service and commended the company for processing their accounts quickly. One merchant recalled when his website crashed, and a B.I.G. team member had to help him get it back up. The clients highly recommend the company for merchant services.
B.I.G. makes the payment process approval easier for standard- and high-risk businesses. If you are in the cannabis products retail industry, you can check out what B.I.G. offers. Not only is the company an expert in the cannabis business, but it also promises less hassle. So far, there are no complaints about B.I.G.’s services. It is a good option for high-risk payment processing.