These financial institutions are typically unwilling to take any form of risk when it comes to federal regulations. Without the virtual terminals, credit card banking services for marijuana usage have blacklisted the industry. Dispensary Merchant Accounts & Credit Card Processing. As a result this uncertainty and fear, the vast majority of merchant service providers have been denying a dispensaries’ applications for credit card processing solutions.Īdditionally, there is a higher risk of chargeback claims at dispensaries because of how products are normally bought and paid for. It’s nearly impossible to find a vendor that allows marijuana purchases from one of the Big Four credit cards (Discover, American Express, Mastercard, and Visa). It’s not that no bank will help you, you just have to search high and low. No setup fee, No monthly fees, No reserves, No cancellation fee. With federal and state laws/regulations constantly changing, there is a lot of turmoil but also even more promise for the future of the dispensary industry.ĭon’t get left behind or wait for this pivotal payment processing moment to pass you by. Why Do Merchants Choose Us for Cannabis Payment Processing? 〈 〈 Leap Payments offers custom cannabis merchant accounts that are tailored towards dispensaries and provides the convenience of accepting credit and debit card payments for your customers. Simply put, we are the very best in marijuana credit card processing in the cannabis industry. We have experience working with high-risk dispensaries selling, marijuana, CBD, and cannabis. Merchant’s have made us their go-to solution because we offer flexible and financially secure accounts. MARIJUANA DISPENSARY CREDIT CARD TERMINAL FULLįull Banking & Processing Functionality That Complies with Regulatory Standards.Get All Your Sale Needs from One Simple and Easy Source.Our mission is to handle all your processing needs so you can focus on what you do best, creating an amazing cannabis experience for your customers. Hand-Crafted Solutions for Your Unique Business Needs The Owners of Dreamer Cannabis in Southampton have found away to bring the convenience of using a credit card to customers.Guv Candidates Lukewarm On Cannabis Primary. We Fight on Your Side to Get You Quickly Accepted and Processing.Gain Access to The Best Selection of Cannabis POS Systems and Card Readers Merchant category codes (MCCs) are numerical identifiers that Visa and MasterCard use to classify your business type and determine which interchange rates to charge you. Strangely, neither Visa nor MasterCard currently has an MCC for cannabis-related businesses, which means that any dispensary that is. Leap Payments is here to help you find online credit card processing even if others have told you that your business is too high-risk. MARIJUANA DISPENSARY CREDIT CARD TERMINAL FULL.
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