DAMA Financial

DAMA Financial Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from DAMA Financial, Financial service, Oakland, CA.

11/25/2020

is tomorrow and . Eliminate the safety risks surrounding the amount of cash your business has on hand and schedule an armored car pickup today.

11/23/2020

No need to hold onto cash payments in 2021; our armored pick-up services allow your business to accommodate your partners cash payments with security and convenience. Schedule your first pickup before the end of the year and receive the first service free of charge.

11/22/2020

is less than a week away! Wouldn’t you like to increase your business’s sales while decreasing the wait time for your customers? Extend your business’s reach with multi-channel payment options. allows for convenience and safety for customers, and quick payments for merchant providers.

11/21/2020

Running out of places to stash your cash? in 2021. Control and manage your finances with access to a secure, transparent online account. Sign up for your Premier business account before December 31st to waive your first month’s maintenance fee.

There has always been a tumultuous relationship between financial institutions and  ; how can the two coexist? https://b...
11/20/2020

There has always been a tumultuous relationship between financial institutions and ; how can the two coexist? https://bit.ly/35O8kL5

Myth 1: It is illegal for Banks to serve Cannabis-related Businesses because ma*****na is illegal under federal law.The Controlled Substances Act (“CSA”) makes it illegal under federal law to manufacture, distribute, or dispense ma*****na. However, 10 states plus Washington D.C. have fully legal...

Don’t stuff your Benjamins under your mattress. Legitimate and reliable   and payment options for the industry exist. ht...
11/19/2020

Don’t stuff your Benjamins under your mattress. Legitimate and reliable and payment options for the industry exist. https://bit.ly/3kITnQU

Cash-run operations in the cannabis industry create financial and safety liabilities.

  experience a lot of headaches. The struggle to   has ramifications that spread from the POS up the supply chain — impa...
11/17/2020

experience a lot of headaches. The struggle to has ramifications that spread from the POS up the supply chain — impacting , , logistics providers, subcontractors, and beyond.

Dama Financial explores how legal cannabis firms' FinServ challenges go beyond the POS, and why the SAFE Banking Act legislation isn't the catch-all solution.

Do   have to hide their activity when working with a financial institution? https://bit.ly/35O8kL5
11/12/2020

Do have to hide their activity when working with a financial institution? https://bit.ly/35O8kL5

Myth 1: It is illegal for Banks to serve Cannabis-related Businesses because ma*****na is illegal under federal law.The Controlled Substances Act (“CSA”) makes it illegal under federal law to manufacture, distribute, or dispense ma*****na. However, 10 states plus Washington D.C. have fully legal...

The conundrum of  : How businesses struggle to be adequately banked and the ramifications it causes. https://bit.ly/2AZa...
11/11/2020

The conundrum of : How businesses struggle to be adequately banked and the ramifications it causes. https://bit.ly/2AZawQU

Dama Financial explores how legal cannabis firms' FinServ challenges go beyond the POS, and why the SAFE Banking Act legislation isn't the catch-all solution.

It remains incredibly difficult for cannabis businesses to get access to banking or to find a bank that can adequately r...
11/09/2020

It remains incredibly difficult for cannabis businesses to get access to banking or to find a bank that can adequately run a compliant program to assist them. Many businesses choose to hold on to cash leading to inefficiencies and safety issues. https://bit.ly/31TuURh

Those unfamiliar with the cannabis industry assume that a cannabis-related business (CRB) operates much the same as any other business. However, such assumptions could not be further from the truth.

"My hope for anyone else looking to do this is that they do it right," he said. "I think our biggest competition out the...
11/06/2020

"My hope for anyone else looking to do this is that they do it right," he said. "I think our biggest competition out there [is] not folks that will do it well, but those that will do it poorly and recklessly — that's my biggest concern." https://bit.ly/2AZawQU

Dama Financial explores how legal cannabis firms' FinServ challenges go beyond the POS, and why the SAFE Banking Act legislation isn't the catch-all solution.

The nine-time award-winning team at Sublime controls 100% of the process from flower to finish, resulting in the highest...
11/05/2020

The nine-time award-winning team at Sublime controls 100% of the process from flower to finish, resulting in the highest level of quality and consistency. Visit the to learn where you can find Sublime products at a dispensary near you.

Address

Oakland, CA

Telephone

877.401.3262

Website

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Transforming how cash-intensive businesses interact with banks.

Dama offers comprehensive payments and regulatory services for the underbanked, cash-intensive businesses.

WHAT WE DO - For Banks

Dama’s proprietary platform enables banks to acquire deposits at scale while exceeding compliance and regulatory standards for Cash-Intensive Businesses.

WHAT WE DO - For Clients