PAYMENT & LOYALTY SYSTEMS
Cannabis operators are constantly offered dozens of systems to accept payments and build brand loyalty. But which ones are reliable and safe for your and your customers–and which can you create a profit steam from? Allow us to help you wade through the noise and confusion because we have ten years of hands on experience in the field of cannabis payments.
DISPENSARY DIGITAL PAYMENTS
ACH, gift cards and other innovative mediums are being refined and offering legitimate and convenient options for retailers and consumers.
DefCannabis operators need options and creative solutions to payment processing and, finally, the financial services industry is responding with a range of tech-based products that meet evolving needs.
ACH (direct payment from a customer’s bank to yours) is the preeminent new platform and is safe and secure for all parties–if the right financial partners are behind the platform.
Copycat systems without integrity or viable and legal paths through the US monetary system abound and can easily trap a retail operator in a web of illegal activity if they don’t understand the technology, process and repercussions of new products and services.
Our solution approach
We lay out a full range of options for a dispensary that is balanced for convenience, risk and profitability.
Having pre-screened every competent service provider and scored their integrity, functionality and potential we make qualified recommendations and analysis to optimize the options for modern payments for your and your clientele.
DISPENSARY CARD PAYMENTS
Despite cycles of service interruption and overwhelming options, Cashless ATM remains the dominant platform for in-store & delivery payments in the cannabis industry.
With literally dozens of options for processing retail cannabis payments, the selection of a vendor should be conducted with sensitivity to multiple factors that include service continuity, customer behavior, back office management and banking relationships.
We represent a wide range of service providers and financial institutions and will assist in selecting the most appropriate vendor to meet the needs of your business.
Payments are not on-size-fits-all and the landscape of card service offerings & packages changes almost quarterly as the industry responds to regulatory & financial sector changes.
Our solution approach
We analyze your recent POS history and develop strategies to transform card processing into a customer convenience and profit center.
Matching the right system, equipment, cash flow impact and hidden costs and expectations is a process that requires the skill and expertise of a group like DispensaryHub, with ten years of card processing experience and a wide range of industry connections.
DISPENSARY ON-SITE ATM
Non-bank ATM machines have rebounded from being widely mistrusted to a key cash dispensing feature for every industry.
Physical ATM devices present the cannabis retailer with a managed resource for customers that need cash to complete a transaction or don’t trust cannabis payment card systems.
But ATM machines are only as good as they are able to stay online, serviced and full of cash. Recent events in the cannabis industry have caused many machines to sit empty for days or run low on receipt paper and routine servicing.
Guests expect a clean, trustworthy device when they need cash and our partners make sure that equipment and cash supplies are always fully functional and best-in-class.
Our solution approach
Develop an ATM pricing strategy that either complements your card options or directs cash sourcing to the platform of your preference.
Evaluating the frequency of cash resupply, placement of machines, risk factors and machine design are important factors when selecting an ATM resource for any business. We assist in picking the right product and the right vendor and make sure it’s a profitable move.
