Although selling cannabis is legal in many states, most dispensaries have found it challenging to find a bank willing to open a business account. The issue is that most banks and credit unions do not want to work with cannabis businesses until cannabis is federally legal in the US; out of a concern that it leaves them exposed. Through our partnerships, Cannapayer has three domestic FDIC-insured banking solutions that provide banking for cannabis businesses–with full transparency.
Our relationships with these banks offer a solution for cannabis-related retail and mobile businesses to open a merchant account, with no need to hide the nature of their business. We serve brick and mortar, delivery and eCommerce sites. Our clients include cannabis, cannabis paraphernalia, and CBD retailers.
Our rates in most cases are no more than 1.5%. We also offer armored car pickup for your cash on a daily basis. Check free ……………
Ask us about our banking solutions for your particular needs.