While credit cards are still strictly illegal for the industry, The Merchant Doctor, proudly offers domestic solutions for the cannabis industry to accept debit card payments. Our trusted and transparent merchant services for dispensaries, delivery businesses, processors, cultivators, seed banks and any business related to cannabis are renown for superior service, great rates, and dependable accounts. No more disguising your business. No more worrying. Accepting cards domestically means you don’t have to worry about your funds, beg for your weekly deposits, or look over your shoulder for money laundering! Did we mention that The Merchant Doctor can handle cannabis eCommerce payments too? Contact The Merchant Doctor and one of our certified professionals will happily consult you on the legitimate options available.
True PIN Debit
The Merchant Doctor is now Proudly offering True PIN Debit! Do NOT confuse this service with cashless ATM services. We have worked directly with the processing bank and debit networks to establish this fully transparent service. There are 3 main advantages to True PIN Debit:
Ring up sales for the exact amount being purchased! With PIN Debit there is NO need to round up to the nearest $5
When a customer pays for their purchase with a cashless ATM account they are charged “Out of Network” fees in addition to the transaction fee charged at time of sale. This fee is avoided with true PIN Debit!
Eliminate cash handling or the need to carry change. Since you are able to ring up the exact transaction amount – your budtenders or delivery drivers do not have to calculate change or carry cash.
In addition to true PIN Debit we also offer Cashless ATM service to accept debit cards at your dispensary or delivery business. The Merchant Doctor has teamed up with a major domestic acquiring bank to provide a solution that is 100% transparent and stable. A cashless ATM transaction is simple, fast, and safe. Your customer simply swipes (or inserts) their card, enters a PIN, agrees to the convenience fee, and walks out happy with their purchase. Meaning less cash handling mistakes, a safer work environment, and less trips to the bank! We offer both traditional cashless ATM options as well as exact amount debit only processing so you can choose what works best for your business. Give us a call and we will be happy to explain your options to you.
Check Processing for the cannabis industry is probably one of the most overlooked and powerful cannabis payment processing options for your business. With our check processing solution payments can be made online, over the phone, or by email in amounts up to $25,000 for half the price of other card payment options. Our 100% transparent check processing solution allows you to operate with confidence and accept payments on your cannabis website! Works great for B2B as well as B2C businesses – imagine your delivery drivers not having to cary cash, customers being able to pay ahead for orders, or being able to invoice dispensaries for deliveries. A lot of merchants are concerned that no one want to pay by check, however, online check payments are actually growing year over year and user interface for your customers is simple and secure. Best of all you get as soon as the same day! Get your application today!
The cannabis industry is expensive! Not every operation has the working capital they need to take their business to the next level. The Merchant Doctor has scoured high and low to partner with the absolute best financial groups who are happy to work with the cannabis industry. We are now proudly offering merchant cash advances, real estate loan, and business loans to all business types in the cannabis industry. Regardless of what you intend the funds for we have the cannabis friendly financing your business has been looking for.
Don’t want to card payments at your dispensary? You are not alone a lot of dispensaries simply want to stick with cold hard cash and have the added benefit of an additional revenue center! Placing an ATM at your location not only can increase sales but also allows you to benefit from any transaction fees that are charged. The Merchant Doctor’s FREE ATM placement program is simple and fast – we place the ATM, stock it with cash, and take care of all the maintenance while you earn off of every transaction! Interested? Give us a call and see if our free placement program is available in your area!