Our secure, reliable, and compliant Cannabis Card Processing offers several great benefits for dispensaries:
- Accept any debit cards and PIN-enabled credit cards, which effectively reduces chargebacks or the chance of fraudulent transactions
- Customers pay the transaction fees.
- Dispensaries do not pay processing fees and can earn income from transaction fees while reducing on operating expenses.
- Low monthly fees to dispensaries.
- Can work with any banks.
- Increase sale tickets on average 30% and tips by 50%.
- Reduce security risk of handling and transporting cash. Less cash on hand also reduces the risk of your dispensary being a target for theft and robbery
- Settlement as early as next business day.
- Full reporting access to your transactions.
- Same-day approval.
- Quick, easy onboarding and setup after approval. No integration with the POS system necessary.
- Flexible connectivity for Store-front, Curbside and Delivery businesses.
- Maximum security and compliance with end-to-end encryption.
Our Cannabis and Medical Marijuana Card Processing for dispensaries offer a convenient alternative to cash payment for businesses that do not have access to traditional payment processing solutions.
How does Dope Payment’s Cannabis Card Processing work?
From the customers’ point of view, they can use any debit card or PIN-enabled credit card to pay. They just need to enter a PIN to authorize the transaction. The customers pay a small convenient fee for this transaction, just like an out-of-network ATM transaction.
From your point of view, the money is transferred directly to your bank account, and you do not pay any processing fee. You can also earn income from this processing fee. Your budtenders will also benefit from the increased tips from customers’ change given on each transaction.
Benefits of Going Cashless
Our solution enables cannabis and cannabis-related businesses to significantly reduce cash transactions.
By going cashless, your business can benefit from:
- Enhanced Security: Less cash in your store means less risk of robbery, theft, and burglary. Should any of these events occur, your business will not suffer nearly as much in damages.
- Improved Customer Experience: Customers will appreciate more flexible and convenient payment solutions as your dispensary moves away from cash-only operations.
- Compliance: Dope Payments cannabis payment processing solutions are compliant with industry regulations. We are committed to staying ahead of changes in state and federal cannabis laws.
- Health & Safety: Going cashless helps customers and cannabis businesses remain compliant with ongoing health and safety guidelines that have been established due to the COVID-19 pandemic.
- Revenue Growth: Stand out from your competitors by providing more payment options and encourage higher spending by giving customers access to more flexible payment methods.