As marijuana laws began changing on a state level, marijuana-related businesses started opening up rapidly. Without the ability to accept debit cards at dispensaries, businesses were forced to operate in cash only or use unreliable and risky workarounds. Companies in the marijuana industry were forced to suffer without a legal, secure, and dependable payment processing solution.

Finally, a risk-free, totally legal payment solution has arrived, allowing marijuana dispensaries, testing laboratories, prescribing doctors, and other ancillary businesses in the marijuana industry to accept debit card payments from their clients in a fully compliant manner that’s backed by a federally charted bank.

This new payment solution is not only legal and secure but also offers the same payment processing features that businesses in other industries have come to expect, such as next-day funding, fraud protection, and chargeback coverage. The ability to legally accept debit cards at dispensaries has been a long time coming for the marijuana industry and will revolutionize how dispensary businesses operate. This is incredible news for dispensary owners and managers, as it will create a better experience for your customers while providing a safer work environment for you and your employees.

A customer of a marijuana dispensary is happy to learn she can pay using her debit card, the same way she would make a purchase at a grocery store.

Unity Payments, in conjunction with a federally chartered bank, have spent the past eighteen months developing a solution specifically for marijuana dispensaries supported by Star, Accel, NYCE, and other debit networks. This is a game-changer for the marijuana industry, and it will only help legitimize businesses in the eyes of state and federal regulators. An entire department was formed to ensure compliance with Federal Financing Banking(FFB) regulations, whose sole responsibility is to protect the dispensary program. In doing so, the bank is able to comply with the strict laws and regulations in place so that the Office of Comptroller Currency (OCC) has no objection to the participation of debit card payment processing in the marijuana industry.

While there have been many makeshift workarounds that dispensaries have used to get bypass the limitations they faced in the past, this new solution from Unity Payments finally allows marijuana dispensaries to accept debit card payments in the same way someone pays for groceries or gasoline. It’s 100% safe, secure, compliant, and reliable with next-day funding, eliminating the dangers of keeping large amounts of cash on hand. There’s no need for customers of dispensaries to download an app or sign up for anything. Plus, Unity Payments allows dispensaries to add surcharges or offer cash discounts, effectively allowing merchants to pass fees on to the customer traditionally paid for by the merchant.

Unlike CanPay, which requires customers to download an app, this is the same as a standard merchant account that allows dispensaries to accept debit card payments online, in person, or over the phone with no app download required. It’s simple, secure, and dependable. Unity Payments promises to never increase their fees, never charge a cancellation fee, and never lock clients into a contract. In addition, there are no upfront fees, and Unity Payments provides the first terminal for free.

Unity Payments is backed by The Nuvo Company, a national merchant services provider which processed over 12 million transactions totaling over 2 billion dollars in 2021. The Nuvo Company is not a stranger to high-risk industries. They are also the parent company of Premium Tobacco Payment Processing (PTP), a specialty payment processor explicitly created for the Tobacco & Cigar Industry, an official partner of the Premium Cigar Association (PCA).
If you’re looking for a payment solution that’s legal, secure, and dependable, look no further than this new dispensary debit card solution from Unity Payments. For more information, visit their website (www.unity-payments.com) or give them a call at (321) 972-9838.