eXPO™ Membership
The Membership Network was built on a model of compliance; businesses and consumers must become members. All members receive a 16-digit account number. The account has load, redeem, exchange, escrow and bill pay services with extensive fraud protection features.
Types of membership are:
Consumer: A quick anti-money laundering review is performed electronically in real-time just like a bank does when a person applies for a debit card.
Business: An internal risk assessment and a third-party on-site assessment is conducted to ensure compliance with state and local cannabis business laws.
Government: Whenever sales taxes and fees are collected from members, government either recognizes eXPO™ credit in collecting the tax and exchanges for cash via ACH to their bank or business pays the tax electronically via ACH, eCheck or wire.
Ancillary supplier: Provides services to Members and is paid via eXPO™ credit or eCheck, ACH or wire.
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