Empower your business with reliable, industry-specific cannabis payment processing that understands your unique challenges. Let us handle the transactions, so you can focus on growing your business.
At Bankcard International Group, we understand the unique challenges faced by businesses in the cannabis industry. With federal regulations still lagging behind state legalization, securing reliable payment processing can feel like a hurdle. But fear not! We’ve been navigating the complexities of cannabis payments for years, offering secure and compliant solutions for dispensaries, delivery services, and ancillary businesses.
We go beyond just payment processing. Our dedicated team is here to guide you through the entire process, from finding the right solution for your business to ensuring compliance with ever-evolving regulations.
Benefits of Partnering with Bankcard International Group:
Ready to Take Your Cannabis Business to the Next Level?
Don’t let payment processing hold you back. Contact Bankcard International Group today for a free consultation. Let’s discuss your specific needs and find the perfect solution to power your growing cannabis business.
We look forward to partnering with you!
As the Cannabis industry evolves, the need for seamless debit card processing becomes increasingly important. We ensure your business can process debit card transactions quickly and securely, providing your customers with a familiar and trusted payment method.
Yes, we offer cannabis related businesses with credit card processing! Many ancillary services to the industry have trouble finding reliable and affordable merchant services. We are happy to work with your business and provide the best service and rates available!
Given the high-value transactions often inherent in the Cannabis industry, our ACH processing service offers a secure and efficient way to handle large payments and B2B transactions. This service is crucial for maintaining seamless operations and supplier payments.
Gift cards are a significant revenue driver for cannabis related businesses. They attract new customers and increase brand awareness. Our customizable gift card solutions work in-store and online to enhance the shopping experience for your customers while promoting your brand effectively.
BIG has flexible and profitable cannabis ATM placement programs to keep your clients happy and your business humming. Cannabis ATMs are a great way to ensure your customers have the payment options that work for them and can create a great additional stream of revenue for your business.
We have the funding options your cannabis business needs. Where many banks won't go, we will! Get up to $10,000,000 in funding fast with a loan that meets your needs. Learn More Here.
We understand the intricacies of the Cannabis industry and are dedicated to providing payment solutions that not only comply with industry regulations but also enhance operational efficiency and customer experience. Our goal is to support the growth and sustainability of your Cannabis business with innovative and reliable payment processing services.
No, unfortunately until there is federal guidance dispensaries cannot accept credit cards. It is strictly against card brand and acquiring bank regulations.
PIN Debit refers to a transaction that is run over any of the PIN Debit networks. PIN Debit for cannabis can only work with networks that have expressly provided their permission to transact for cannabis. With a Cashless ATM (A.K.A. Point of Banking) transactions are very similar but the transaction is carried out on the ATM networks. Rather than funding a transaction like a card payment it is a withdrawl from the customer's account.
Yes, cashless ATMs can be compliant. So long as the processor and networks have established compliance policies to allow for withdrawls in cannabis locations. The cashless ATM was invented over 18 years ago and has been used mostly in the cannabis and payday loan industries.
Yes, Bankcard International Group (BIG) has been working in the cannabis industry since 2007. We have earned the reputation as the Gold Standard in cannabis payment processing. Our superior knowledge, experience, and ethical client centric standards also earned us the 2024 Top Payments Company at the PBC conference for payments, banking, and compliance in the cannabis industry.
YES! Bankcard International Group (BIG) offers Crypto payment processing for both online cannabis payment processing and for in person transactions. Learn more on our page about Crypto Payment Processing - we make it easy!
YES! BIG offers cannabis friendly ACH Payment Processing for both B2B and B2C transactions. Contact Us to learn more!
Yes! BIG has flexible ATM placement programs for all business types including cannabis dispensaries. Contact Us to learn more...
Absolutely! We offer business the ability to get funded up to $10,000,000 quickly! To learn more visit our Business Loans page.
YES! Bankcard International Group supports cannabis related businesses with credit card payment processing services. To learn more visit our page on Ancillary Cannabis Businesses Payment Processing.
YES! BIG offers cannabis payment processing services to the industry. Whether you own a dispensary, delivery, or ancillary cannabis business BIG has a solution for you!
Absolutely, BIG has been a supporter of the CBD industry for decades with dependable and affordable CBD Merchant Accounts, LEARN MORE.
A merchant account is an account with an acquiring bank that enables a business to accept credit cards. A merchant account is basically a line of credit that is established based on a number of factors including credit, business model, and the amount of “credit” that is requested. Bankcard International Group provides the absolute best rates and service possible.
An acquiring bank is a financial institution that is a registered member of the card brand associations Visa, MasterCard, Discover, American Express, etc.. in order to fund credit card transactions for their merchants. Acquiring banks provide transaction funding so businesses can accept credit cards, debit cards, and other forms of non-cash payments.
Acquiring banks are appropriately named as they acquire (or accept) credit card transactions from card issuing banks that provide consumers with credit cards. An acquiring bank is responsible for underwriting a “merchant account” for any business that it allows to accept credit card payments. In doing so, acquiring banks assume the risk associated with the transactions they process and fund. In the event that a business is unable to refund a reversal, chargeback, or refund the acquiring bank is liable to provide those funds to the cardholder.
Applying for a merchant account is relatively simple but you do need to be prepared to provide documentation to show that you are a legitimate business with good intentions.
Since merchant accounts are a function of the banking system and are susceptible to fraud they are required to adhere to federal guidelines including the Patriot Act and KYCC (Know Your Customer’s Customer) oversight. You will be required to provide your business information, personal identification, and credit information so the bank can verify your ability to be approved for an account.
Bankcard International Group
300 West 15th Street, Suite 310 Vancouver, WA 98660
1-800-895-1580