Tag: CBT > Business Issues/ Benchmarks > Credit Card Cannabis Payment

Vendor News

Organic Payment Gateways Announces a "Square Payment Processing Alternatives for CBD" Support Program

Reacting to increased interest from both retail and e-commerce CBD and hemp businesses, OrganicPaymentGateways.com has just announced that it will provide a free, expedited CBD merchant account consultation and placement service for any legal CBD website owner based in the US. Business owners who suddenly find themselves without payment processing due to being shut down by Square, Stripe, or PayPal can reach out for priority placement.

April 15, 2024

Finance

Mastercard No Longer Allowing Cannabis Purchases on Debit Cards

The corporation is the latest payment processor warning financial firms not to service the cannabis industry.

July 27, 2023

Vendor News

Washington Department of Financial Institutions Approves Bankcard International Group's PIN Debit Payment Services for Cannabis Dispensaries

Bankcard International Group proudly announces that their cannabis PIN Debit payment services have been approved by the Washington State DFI, expanding the company's presence as the gold standard in compliant cannabis payment processing.

September 27, 2022

Banking Services Cannabis Industry

Transactions, Tickets and Banking Trends

2022 data on cannabis dispensary transaction volumes show a plurality of participants with 100 or fewer purchases per day, and just over half reported average baskets between $41 and $80.

September 2, 2022

Finance

Tacoma Cannabis Dispensary Now Offering Cash-Free Payment Option

Mary Mart rolled out a new transaction system weeks after a string of fatal robberies in the western part of Washington.

April 11, 2022

Massachusetts

Credit Cards Now Accepted at Massachusetts Cannabis Dispensary

The Dreamer Cannabis retail facility in Southampton is using a third-party platform to allow customers to use credit for their purchases.

March 8, 2022