Inside/Outside Team
Canna Group primarily relies on independently contracted sales agents across the country to market its services. Independent sales agents are commonly linked to elevated complaint rates, but we have not found any Canna Group sales reviews that mention deceptive conduct or misrepresented Canna Group fees. We will therefore assume for the time being that the company’s sales team does not engage in unethical activity.
Canna Group Sales Commissions
Canna Group makes its agent agreement available on its website. This agreement outlines the standard commissions that the company pays to its sales agents:
Standard Commission is equal to 50% of the excess between the Buy Rates stated below and VENDOR’s collected fees generated from Referred Merchants derived from ISO.
Cash Advance Commission is equal to 50% of the funded amount and isn’t paid until company is funded by vendor.
Equipment Commission is equal to 80% of the net profits
Set up/Reprogramming Commission is equal to 50% of the amount collected
Merchants should bear these commission splits in mind when negotiating with any agent.
Canna Group Rate Quotes
The Canna Group Payment Solutions currently advertises “High Risk Rates as Low as 2.99%” for non-CBD or marijuana businesses. It is likely that this quote is only the company’s qualified rate, while Canna Group makes no mention of the higher mid-qualified and non-qualified rates that may be charged. However, given the fact that we have not found any allegations of misleading rate quotes, it appears that the company is generally straightforward about the rest of its rates. If you suspect that a Canna Group Payment Solutions sales agent has misled you about your rates, you can double-check your monthly bill with a third-party statement audit. We also encourage merchants to compare Canna Group Payment Solutions to our best credit card processors.
