Cannabis Banking & Payment Processing Solutions

Local and federal regulations make banking and handling payment processing very challenging for cannabis businesses. For this reason, banking and payment processing solution companies are stepping in to help cannabis entrepreneurs. This Ganjapreneur directory compiles the companies implementing these solutions. Check out cannabis payment processors and banking solutions below:

Featured Listings:

PayQwick, Inc.

PayQwick’s mission is to bring well-established, proven payment processing, regulatory compliance and banking services to the licensed recreational and medical marijuana industries, thereby reducing the risk of violent crime, illegal money laundering and violation of state marijuana regulations. PayQwick serves state licensed Producers, Processors, Wholesalers, Distributors, Dispensaries and Retailers.

Alpha Merchant Bank

Domestic CBD payment processing at 3.95% with no reserve. No minimum, maximum setup or termination fee. Receive an FDIC business bank account; daily payouts.

Dama Financial

Dama Financial, through its bank partners, provides cannabis-related businesses (CRBs) with access to transparent, sustainable FDIC-insured banking and payment solutions. Using innovative technology, data and artificial intelligence, Dama exceeds the compliance and regulatory requirements for servicing CRBs, bringing legitimacy to the rapidly growing cannabis industry. Dama’s comprehensive and compliant financial framework offers CRBs the option to maintain cashless operations, reducing their exposure to security risks while improving their business efficiencies and operational focus.

Evergreen Gateway

Evergreen Gateway is a cannabis banking and merchant services company. We think differently than conventional credit card processing companies due to our history of handling high-risk accounts. We are experts in the field of alternative payment options, merchant accounts, and banking. Our mission and vision are to provide needed customer support services to the cannabis industry within these areas.

Hypur

Based in Scottsdale, Arizona, Hypur provides technology that helps financial institutions serve the cannabis industry by filling the gaps between traditional banking systems and the unique regulatory demands of these businesses. Hypur also offers electronic payment solutions for the cannabis industry, helping eliminate large amounts of cash from communities. For more information, please visit Hypur.com.