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Credit Card Processing For High Risk, Cannabis and CBD Merchants

Credit Card Processing For High Risk, Cannabis and CBD MerchantsCredit Card Processing For High Risk, Cannabis and CBD MerchantsCredit Card Processing For High Risk, Cannabis and CBD Merchants

Hemp, Cannabinoids, Kratom, Amanita, Peptides, Seeds, Spores, and Cannabis Related Business 

Credit Card Processing For High Risk, Cannabis and CBD Merchants

Credit Card Processing For High Risk, Cannabis and CBD MerchantsCredit Card Processing For High Risk, Cannabis and CBD MerchantsCredit Card Processing For High Risk, Cannabis and CBD Merchants

Hemp, Cannabinoids, Kratom, Amanita, Peptides, Seeds, Spores, and Cannabis Related Business 

Interested in accepting Credit Card Payments?

We support federally legal businesses who have challenges obtaining financial services with a merchant account, payment gateway, and point-of-sale solutions to accept credit and debit card payments.


We also offer wireless terminals for mobile delivery!

 

Who We Help...

Farmers

Wholesalers & Manufacturers

E-commerce & Retails

If you are a farmer, wholesaler, manufacturer, e-commerce, retail or mobile business that needs a straightforward solution for accepting credit card payments online, face-to-face, or on the go we can help.

We'd love to get to know you and support your business!

Additional Information

Did you know that business consumers on average will spend 12% to 18% more when they can pay with a credit card at a retail business? That number is even higher for marijuana dispensaries. We are seeing an overall increase of 25-30%.


Accept credit cards with marijuana payment processing.


Offer your customers more than cash and debit cards. With PaySafe Payments, your customers can use their favorite credit card, earning the miles or rewards they love! You can finally have a safe and secure way of selling Cannabis. Other credit card processors say no to dispensaries, but here at PaySafe Payments, we have unique solutions for marijuana merchant accounts to accept credit cards for marijuana payment.


Customers experience the sale just like a local retail business Instead of complex payment systems and bulky processes, your customers will experience the sale just like buying a latte from their local coffee shop. Patrons pull out their card, swipe or insert their card and collect their receipt like a purchase they make at any other business. Our proprietary POS system and virtual terminal makes each transaction easy and allows for social distancing, curbside pick-up and delivery.


LOWERS THEFT: 

With more and more of your customers using credit cards for their purchases, you’ll have much less cash on hand reducing the risk large amounts of cash brings.


MONEY IS INSURED:

All your money is held in US banks. There is nothing held offshore.


NO CRYPTOCURRENCY OR GIFT CARD WORK-AROUNDS:

This is the only system that’s able to do cannabis payment processing for dispensaries without using crypto or gift cards. A dispensary is a retail business like any other, so why not accept payment processing the same way? PaySafe Payments offers legit payment processing for marijuana dispensaries.

The Benefits Of Dispensary Payment Processing

ACCEPT CREDIT CARDS AT YOUR DISPENSARY

ACCEPT CREDIT CARDS AT YOUR DISPENSARY

ACCEPT CREDIT CARDS AT YOUR DISPENSARY

Until now, it was impossible to accept credit cards at marijuana dispensaries. Even with many states legalizing marijuana, debit cards have been the only option for card payment. With a dispensaries processing account from PaySafe Payments, you will be able to accept major card brands for cannabis payment. Accepting credit and debit card payments shouldn’t be difficult for marijuana vendors. The “Ticket Lift”, or amount of additional dollars spent per visit INCREASES 15% over Debit card payments.

DEBIT AND CREDIT CARDS FOR PAYMENT

ACCEPT CREDIT CARDS AT YOUR DISPENSARY

ACCEPT CREDIT CARDS AT YOUR DISPENSARY

Marijuana related business operations haven’t been able to find a payment processor allowing both credit cards and debit cards until now. Most cannabis payment processors would only allow a dispensary debit card processing but would not accept a credit card payment for cannabis. With PaySafe Payments’ marijuana merchant services, no more alternative payments are needed for your customers to gain access to recreational or medical marijuana. Just pull out their card and swipe. Curbside pick-up and delivery options are also available.

MONEY IS HELD IN US BANK ACCOUNTS

ACCEPT CREDIT CARDS AT YOUR DISPENSARY

MONEY IS HELD IN US BANK ACCOUNTS

 Just because you operate a cannabis friendly dispensary doesn’t mean that you must process credit cards overseas. With the PaySafe Payments P2P solution, you can process payments and keep your money in US Banks. This gives you peace of mind with all your transactions.

ACCELERATED SETTLEMENT TIMES

NO MORE HIRING ARMORED TRUCK DRIVERS TO COLLECT CASH

MONEY IS HELD IN US BANK ACCOUNTS

We review your account monthly and accelerate your funding cycle as we see a low chargeback ratio.

TICKET SALES ARE 25 TO 30% HIGHER

NO MORE HIRING ARMORED TRUCK DRIVERS TO COLLECT CASH

NO MORE HIRING ARMORED TRUCK DRIVERS TO COLLECT CASH

  People bring cash in a limited quantity, so there’s a hard cap to the amount of money they can spend. Yes, they can visit your cannabis ATM and pull out more but when the money runs out in their bank account, they have no more to spend. By enabling credit card payments at your dispensary, you will see a huge increase in purchases by each patron. Moreover, they will earn their favorite Miles, points or rewards from their favorite card! Encourage your customers to make the PaySafe Payments from cash.

NO MORE HIRING ARMORED TRUCK DRIVERS TO COLLECT CASH

NO MORE HIRING ARMORED TRUCK DRIVERS TO COLLECT CASH

NO MORE HIRING ARMORED TRUCK DRIVERS TO COLLECT CASH

 Instead of multiple daily pickups from an armored car service with armed guards, you can rest assured that your money is safe and away from anyone who would like to make a quick buck by robbing the place. There’s no longer a need to have a massive amount of cash sitting around when you use our domestic merchant account and P2P portal.

LOWERS THEFT

ACCEPT MORE PAYMENT METHODS

ACCEPT MORE PAYMENT METHODS

When there’s hardly any cash being taken for purchases, there’s much less risk of theft because the score isn’t big enough. Dispensaries that accept credit cards can dramatically reduce their theft risk by enabling credit card payments in their dispensary.

ACCEPT MORE PAYMENT METHODS

ACCEPT MORE PAYMENT METHODS

ACCEPT MORE PAYMENT METHODS

With both cash and every card brand available for transactions at your dispensary, the number of customers you can serve is only going to go up. Accepting credit cards quadruples your customers payment options. With cannabis banking, your customers will rejoice over your many cannabis payment solutions.

MONEY IS FDIC INSURED

ACCEPT MORE PAYMENT METHODS

NO CRYPTOCURRENCY WORKAROUNDS

All funds are held in US banks that are FDIC insured the entire time. There’s no need to worry about large piles of cash or a shady overseas account to build your business.

NO CRYPTOCURRENCY WORKAROUNDS

IT’S AS EASY AS BUYING A CUP OF COFFEE

NO CRYPTOCURRENCY WORKAROUNDS

Every other solution on the market uses gift cards or cryptocurrency to work around the laws and systems put in place to protect both you and your customer. This solution is a merchant account built for dispensaries.

IT’S AS EASY AS BUYING A CUP OF COFFEE

IT’S AS EASY AS BUYING A CUP OF COFFEE

IT’S AS EASY AS BUYING A CUP OF COFFEE

 There’s no learning curve for your staff or your customers. They experience the sale just like they would if they were buying a cup of coffee at their local gas station or coffeehouse.

Cannabis Credit Card Processing Frequently Asked Questions

WHO IS THIS CREDIT CARD PAYMENT SOLUTION FOR? 


This solution is designed for recreational and medical marijuana dispensaries, normally classified as high-risk merchant businesses that find it difficult to obtain a traditional merchant account for their business type. This marijuana payment processing solution is for companies that have traditionally had to go overseas just to get a merchant account or for those merchants that have found it impossible to get any type of merchant account before now.


HOW DOES THE SYSTEM WORK? 


This system is based on P2P technology. P2P stands for Point-to-Point technology. Like Paypal or Venmo, the technology keeps the transaction off the credit card rails.


IS THIS SOLUTION LEGAL? 


Absolutely! Our proprietary P2P solution is completely legal in all 50 states in the U.S. with more areas coming soon. This solution works for retail dispensary payment processing, cannabis merchants, hemp oil, CBD vape, and medical marijuana dispensaries. Federal governments can regulate substances and payments on the federal level. Payment processing for hemp, cannabis, and marijuana merchants is completely legal when you follow processing and banking regulations and federal laws.


HOW DOES P2P ALLOW FOR SOCIAL DISTANCING? 


Because you can process P2P transactions on any device that can connect to the internet, it makes it easy for customers to pre-pay for curbside pick-up or Delivery orders. Decrease your risk of exposure by using PaySafe Payments’ contactless cannabis payment services.


IS THIS A DIGITAL WALLET SOLUTION? 


Absolutely NOT! Digital wallets are a NIGHTMARE! They create an environment where someone other than the banks are holding your money. With our P2P solution, your money flows directly from our domestic acquiring banks, via ACH into your business bank account.


WHAT IF I DON’T HAVE A BANK ACCOUNT? 


Our team of professionals can assist you in obtaining a cannabis friendly business bank account into which we can directly deposit your credit card and debit card transactions.


CAN YOU DEPOSIT INTO MULTIPLE ACCOUNTS? 


Our system is designed for multi-state, multi-location organizations. We can deposit into ANY business bank account if they are aware, you are a cannabis or cannabis adjacent business. We can support conglomerates with multiple owners, multiple depository accounts as well as combined depositories.


WHERE IS MONEY HELD IN THE SYSTEM? 


All the money within this system is held in US banks and fully insured by the FDIC. We believe banks and credit card payments should be easy for dispensaries, CBD and hemp merchants.


DO YOU USE CRYPTOCURRENCY OR GIFT CARDS AS A WORKAROUND? 


Absolutely not. This is a proprietary solution that enables you to keep your payments in US dollars accepted through all the major card brands with all funds being held in US banks that are FDIC insured. There is no cryptocurrency or gift card that has any part in this cannabis payment solution for your business.


WILL I BE ABLE TO ACCEPT PAYMENTS FROM SMART DEVICES? 


Yes! You can process transactions on any device that can connect to the internet. Our P2P terminal makes accepting mobile payments easy, safe and secure. We believe that cannabis banking solutions and dispensary payment processing should be able to function like every other business in the country. We pride ourselves in high-risk merchant accounts for CBD merchants and cannabis dispensaries that make it easy to sell more.


ARE THERE ANY HIDDEN SETUP FEES? 


We don’t hide fees regardless of if it’s an account for legal cannabis sales, CBD merchant account or dispensary electronic payment processing. With PaySafe Payments, we don’t hide fees, we build relationships that last. (And you can’t build relationships hiding fees.) 


WHO IS THIS SOLUTION NOT FOR? 


It’s not for merchants who want to sell cannabis in states where it has not been approved. Our cannabis card processing solution is only available in the 39 states in which the sale of cannabis is legal to purchase and sell. This solution is designed for those that have a brick and mortar storefront, e-commerce or offer curbside pick-up. Delivery is allowed as dictated by local and state laws.

Accept Credit Cards With Almost Zero Fees

With the PaySafe Payments dispensary merchant account, PRICE is a major factor. At PaySafe Payments, we know that every penny counts in running a successful business. We are here to help. We can help you leverage the Cash Discounting, Convenience fee and Surcharging rules to YOUR advantage. For some dispensaries, employing these rules has eliminated the cost the business pays to accept credit cards. Accepting credit cards doesn’t have to break the bank. Increase your revenue with a small cost of acceptance. It’s a win-win when you choose PaySafe Payments as your cannabis credit card processor for your dispensary.


Ask a representative today how you can accept credit cards for your cannabis shop and pay almost nothing in credit card fees.

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